GRIDSERVE's UK-wide network has achieved a staggering £64 million in revenue for the period ending December 2025, marking a 45% year-on-year growth that underscores the escalating demand for public EV charging solutions across Britain. This significant financial milestone is particularly noteworthy given the 'challenging policy environment' described by the company.
Under CEO Daniel Kunkel's leadership since March 2025, GRIDSERVE has refocused on core EV charging operations, streamlining portfolio management and enhancing commercial performance across its network of over 200 sites. The company boasts an impressive 99% availability rate, as well as a 4.2 Trustpilot rating that reflects high customer satisfaction.
The growth in revenue and profitability is a testament to the scalability and commercial viability of large-scale public EV charging networks in the UK. GRIDSERVE continues to invest in next-generation infrastructure, including the Electric Freightway programme backed by Department for Transport funding, aimed at establishing public charging hubs for electric heavy goods vehicles (eHGVs).
The company is also piloting battery storage solutions with Ameresco, National Highways, and Roadchef, seeking to ensure consistent high-power charging in locations where grid constraints might otherwise pose challenges. The expansion of the network has led to a 19% year-on-year increase in ultra-rapid charging bays, now totalling over 1,600 across more than 200 strategic road network locations.
GRIDSERVE's robust performance provides crucial insights into the burgeoning EV market and its supporting infrastructure. As the UK transitions towards greater electric vehicle adoption, companies like GRIDSERVE are essential for building investor and consumer confidence in the sector. The continued expansion and technological advancements in charging solutions will be vital for meeting the evolving demands of both passenger and commercial electric transport.
The Bank of England's ongoing monitoring of inflation and economic growth will undoubtedly take note of sectors like EV infrastructure, which represent significant investment areas and contributors to economic activity. GRIDSERVE's positive EBITDA performance of £3 million, its first, is a notable achievement in what the company describes as a 'challenging policy environment'.
Plans are underway to add over 500 more ultra-rapid charge points this year, further enhancing the network's capabilities and addressing the growing needs of Britain's electric vehicle users. The success of GRIDSERVE underscores the potential for innovation and growth in the EV sector.
The company's commitment to reliability and customer satisfaction is evident in its ongoing investments in next-generation infrastructure and battery storage solutions. As the UK continues on its path towards greater electrification, companies like GRIDSERVE will play a pivotal role in shaping the future of transportation.