Pod Point Explained

Pod Point Group Holdings PLC
Type:Public limited company
Key People:Melanie Lane, CEO[1]
Location:London, United Kingdom
Industry:Electric vehicles
Products:Electric vehicle charging infrastructure
Revenue: (2024)[2]
Operating Income: -£85.09 million (2024)
Net Income: -£84.71 million (2024)
Assets: £55.76 million (2024)
Equity: £17.60 million (2024)
Homepage:www.pod-point.com
Foundation:2009

Pod Point Group Holdings plc, trading as Pod Point, is a British electric vehicle charging stations company.[3] [4] As of 2025, the company operates the third largest public charging network in the UK.[5]

History

Pod Point was founded in 2009 by Erik Fairbairn and Peter Hiscocks having previously worked together to found and sell the supercar club Ecurie25.[6] [7]

In 2018, the company installed 600 charging stations following joint venture between Tesco and Volkswagen in the UK.[8]

In 2018, Pod Point launched its Electric Schools initiative.[9]

On 9 November 2021, Pod Point floated on the London Stock Exchange at a £352 million valuation.[10]

In 2022, it was announced EDF Energy had bought a 53 percent stake in the company through a joint venture with Legal and General Capital.[11]

In June 2022, Pod Point and BMW Group UK signed a three-year deal, which added Pod Point as a preferred EV home charge point supplier for BMW and Mini retail customers.[12]

In July 2023, Pod Point appointed Andy Palmer as its interim chief executive.[13] It was announced Melanie Lane would take over from Palmer in May 2024.[14]

On 12 June 2025, Pod Point announced they had accepted an offer to sell the company to majority shareholder EDF Energy at a £10.6 million valuation, £341.4 million less than its initial public offering in 2021.[15] [16] The acquisition was completed on 4 August 2025.[17]

See also

Notes and References

  1. Web site: News . Alliance . 2024-02-20 . Pod Point names Lane as new CEO; performs in line with expectations . 2024-11-18 . MorningstarUK . en-GB.
  2. Web site: Pod Point Group Holdings PLC Final results FY2024 . 2025-06-12 . en.
  3. Web site: Building the UK's electric vehicle infrastructure with Pod Point. Power Technology. 12 March 2017 . 9 November 2017.
  4. Web site: Electric car charger Pod Point launches £1.75m fundraising on Crowdcube. City A.M.. 9 November 2015 . 9 November 2017.
  5. Web site: EV charging statistics 2025 . ZapMap.
  6. News: POD Point on stand-by for dawn of electric cars. Hurley. James. Daily Telegraph. 2012-05-15. 2018-05-21. en-GB. 0307-1235.
  7. News: POD Point - Fast Track. Fast Track. 2018-05-21. en-GB.
  8. News: 2018-11-29 . VW, Tesco in Pact on Ambitious U.K. E-Car Charging Rollout . 2022-05-15 . Bloomberg.com . en.
  9. Web site: Schools offered free EV charge point for clean air campaign . 2021-07-07 . airqualitynews.com . en.
  10. Web site: London Stock Exchange welcomes Pod Point to the Main Market .
  11. Web site: EDF Energy acquires EV charging company Pod Point. 2020-10-06. www.am-online.com. en.
  12. Web site: BMW Group UK partners with Pod Point to enhance EV charging offer . 2022-07-05 . www.press.bmwgroup.com.
  13. Web site: 2023-07-07 . Andy Palmer takes over as interim CEO at struggling Pod Point . 2024-03-25 . Car Dealer Magazine . en.
  14. Web site: Pod Point trades in line with FY expectations . 2024-03-25 . Sharecast . en.
  15. News: EDF to buy London-listed EV charging company Pod Point for £10mn . FT.
  16. Web site: Cahill . Helen . 2025-06-12 . EV charger company Pod Point bought by EDF for £10m . 2025-06-13 . www.thetimes.com . en.
  17. Web site: James . 2025-08-04 . EDF completes acquisition of Pod . 2025-09-13 . Pod Point.