The EV chargers have been installed across 112 hubs throughout the UK. This is by far the highest rollout in the independent forecourt sector. MFG is funding the roll-out through its cash flows and strong balance sheet, enabling the Group to commit to around £400 million investment in ultra-rapid 150kW, 300kW and 400kW EV Chargers.
In 2023 alone, MFG has installed 230 ultra-rapid EV chargers at 59 locations across its network. This investment is necessary as, for example, in England, over 60% of dwellings in cities and urban areas do not have garages or other off-road parking provisions, and so must rely on electricity from publicly accessible networks. Therefore, the velocity of MFG’s EV roll-out will continue to accelerate as the company invests ahead of the curve, giving drivers who were contemplating purchasing an electric vehicle the confidence that they could travel as easily as with a petrol or hybrid vehicle.
MFG hubs consist of between four and eight ultra-rapid 150kW EV chargers per site. 150kW chargers can add 100 miles range in approximately 10 minutes, subject to the charging capability of individual car batteries. These will be augmented with 300kW and 400kW chargers as vehicle battery technology improves to maintain the fastest charging times across the MFG network, ensuring that the company remains first choice for EV drivers.
“When we launched our EV roll-out in March 2021 we committed to investing ahead of the curve in ultra-rapid chargers,” said William Bannister, CEO, MFG. “I am therefore delighted that we have already passed the 500 ultra-rapid charger milestone and we are well on the way to delivering the next 500. Not only are we rolling-out chargers at a rapid pace, but we are also ensuring that the customer experience is of the highest quality both through the ease of use of our chargers but also through the upgrade of our retail offering.”
