Grimsby-based myenergi set to become UK’s largest home EV charge point provider

Grimsby-based myenergi set to become UK’s largest home EV charge point provider

6 Apr    Finance News, News

myenergi is set to become the UK’s leading home EV charge point provider, after surpassing its 500,000 unit sales milestone – despite only having been in business for seven years. 

Based in the UK, with subsidiaries in Germany, Australia, Ireland and Benelux, its product range includes the world’s first solar-compatible smart electric vehicle (EV) charge point, zappi, the eddi solar power diverter, harvi wireless current monitor and libbi smart home battery. 

myenergi’s devices can work together to create a home ecosystem that enables customers to control and optimise energy usage in their properties, while maximising self-consumption from their own renewable generation technology, such as solar panels and wind turbines. 

With cumulative revenues of more than £160 million to date, myenergi has reported record annual sales every year since the business was founded in 2016, with revenues increasing by an average of more than 180% per year over the past three years. 

myenergi

UK sales of its zappi solar EV charge point in 2022 almost doubled compared to the previous year, with more than 55,000 units shipped (increasing from around 29,000 in 2021). This trajectory puts the Lincolnshire-based company firmly on track to become the UK’s largest home EV charge point provider before the end of the calendar year. 

Commenting on the milestone, Lee Sutton, co-founder and Chief Executive of myenergi, said: “With demand for eco-smart home energy technology increasing at a record rate, we’re delighted to have surpassed 500,000 global sales – a huge testament to the work of our talented team. 

“Our next big milestone will be the sale of our one millionth device, which we are firmly on track to deliver by 2025, helped by our state-of-the-art new manufacturing facility that will become operational in the coming months. 

Jordan Brompton, co-founder and Chief Marketing Officer, added: “Our zappi solar EV charger continues to outperform the market, delivering growth of 96% last year, compared to 40% growth in pure electric car registrations. 

“We are on course to become the UK’s leading provider of home EV charge points before the end of the year; something we could only have dreamed was possible when first starting the business.” 

myenergi is headquartered in Stallingborough and employs more than 450 people. The company has reported average annual growth of more than 180% over the past three years and was recently recognised as the UK’s ninth fastest-growing private company*. 

In 2023, production operations will relocate to a brand new 65,000 sq. ft. manufacturing facility adjacent 

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