£1.5M
Elmtronics secures £1.5m seed investment from Mercia and Ingenious to expand charging infrastructure
The funding round was backed by the North East Venture Fund and Ingenious.
"The latest government announcement is another big step forward on the 'road to net zero'. However despite the growing popularity of EVs with consumers and fleet users, a lack of charging points continues to deter many from making the switch. This funding will allow us to step up our activity to help build the all-important infrastructure. We hope to make Elmtronics a key player in the roll-out."