Electric vehicle charge point operator Believ has secured £300 million in funding to install at least 30,000 public EV chargers across the UK, in a move that cements its position as one of the country’s best-backed providers and significantly boosts Britain’s charging infrastructure.
The investment—led by Believ’s joint owners Liberty Global and Zouk Capital, along with four major banks: Santander, ABN Amro, NatWest and MUFG—will accelerate the rollout of accessible, reliable charging facilities nationwide. It comes at a critical time as the UK government pushes towards its target of 300,000 public charge points by 2030. Currently, fewer than 85,000 are installed.
“This funding recognises the scale of investment required and the urgency of the need,” said Believ CEO Guy Bartlett. “Confidence in EVs will continue to grow as drivers see more infrastructure going into the ground. At Believ, we are proud to be at the heart of this journey.”
The £300 million funding facility is set to be used for the development of a diverse mix of on-street residential charge points, rapid and ultra-rapid charging hubs, and charging infrastructure in rural and underserved areas. The expansion will ensure a more equitable transition to electric mobility, particularly for drivers without access to off-street parking.
Backed by the UK Government’s Charging Infrastructure Investment Fund, co-managed by Zouk Capital, the initiative showcases how private capital and public partnerships can work together to scale green infrastructure. Massimo Resta, partner at Zouk Capital, called the investment “a major moment not just for Believ, but for the UK’s electric future,” adding that the company is “poised to deliver what communities and landowners need—at real scale and pace.”
The news comes amid a wider national push for EV adoption. The government has pledged £2.3 billion in total support, including a £200 million fund to scale public charging and a dedicated £381 million Local Electric Vehicle Infrastructure (LEVI) Fund. Recent Believ wins include Suffolk County Council’s pioneering LEVI contract, alongside a strong pipeline of private sector deals.
Lilian Greenwood MP, Minister for the Future of Roads, welcomed the investment: “Believ’s investment is a brilliant vote of confidence in the transition to electric and another fantastic example of Government and industry working together. We’re delivering our Plan for Change by investing in EV charging infrastructure, securing trade deals and backing British carmakers to drive forward net-zero growth.”
Jonathan Pearson, Chairman of Believ and CFO of Liberty Growth at Liberty Global, added: “This shows what’s possible when public and private sectors collaborate on critical infrastructure.”
With delivery partner Virgin Media O2 and support from Liberty Global’s financial and operational expertise, Believ is now positioned to roll out tens of thousands of charge points in key locations—including town centres, residential streets, and high-traffic routes—ensuring no community is left behind in the transition to cleaner transport.
Read more:
Believ secures £300m to roll out 30,000 public EV charge points across the UK
