Hyperdrive

EV Charging Networks and Fleets Face Skyrocketing UK Grid Fees

An up to 180% rise in grid fees would significantly alter the economics of the sector.

A charging cable plugged into a vehicle parked in a spot reserved for electric vehicles in London. — A charging cable plugged into a vehicle parked in a spot reserved for electric vehicles in London.
Photographer: Tolga Akmen/AFP/Getty Images

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By Ryan Fisher

November 14, 2025 at 12:10 PM UTC

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Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.

UK charging operators and companies operating electric fleets could see costs to use the electricity grid rise by over £100 million in 2030, according to BloombergNEF, significantly changing the economics for companies in a sector already struggling to keep costs down.