Hive and Zapmap Announce Strategic Partnership

Good Energy Group PLC

14 October 2024

 

RNS REACH

14 October 2024

Good Energy Group PLC

("Good Energy" or the "Company")

Hive and Zapmap Announce Strategic Partnership

Zapmap, the UK's leading EV app and data provider which Good Energy Group PLC (AIM: GOOD) is the largest shareholder in, has announced that it has entered into a strategic partnership with Hive, the energy-saving technology company owned by Centrica.

Hive is an eco-tech company with a number of pioneering technology products such as energy-saving light bulbs, smart meters, EV charging, solar panels and heat pumps.

The strategic partnership will allow Hive customers to charge their EVs at or away from home. To mark the first phase of the partnership, starting in 2025, new Hive EV customers will receive £20 of charging credit to use Zap-Pay-enabled EV chargers at thousands of locations across the UK across 250,000 miles.

The offer is part of Hive and Zapmap's shared mission to make it as simple and stress-free to charge on the road as it is at home. The partnership aims to give customers the freedom to travel and charge wherever they choose, with the ambition of helping over a million customers to go electric in the next three years.

Longer-term, the partnership is set to explore bringing together the Hive app and Zapmap's digital platform to offer further exciting customer benefits, including targeted end-to-end solutions for Hive customers to conveniently track their at-home and public charging within the Hive app, have multiple ways to pay for public charging, whether through the Hive app, charge cards or even via their household energy bills.

Hive's SmartCharge product, accessible via the app, allows users to benefit from a 4p/kWh saving on all their EV charging which is automatically credited to their energy bill each month. SmartCharge automatically charges an EV when energy is at its cheapest during that charging session.

Dan Rosenfield, Managing Director of Hive, commented: "We're on a mission to help make EV charging simple and affordable. Through our strategic partnership with Zapmap and our investments in the Hive app, we are empowering EV drivers to have complete control over their electric driving experience.

"Electric vehicle uptake is a key part of the UK's drive to net zero and, for many people, represents the first step on their journey to reducing their carbon footprint. EVs have continued to increase their market share since the start of the year as more drivers reap the benefits of going electric. To support this, we want to give drivers the confidence to charge whenever and wherever they want and save money in the process. This is all part of our ambition to energise a greener, fairer future for all."

Melanie Shufflebotham, Co-founder and COO of Zapmap added: "By combining simple home and public charging, we can give EV drivers everything they need to find and pay for charging and help the next generation of EV drivers build confidence charging, wherever they go.

"Hive customers can enjoy the benefits of EVs, stress-free, and we're really excited to continue to expand the service to give them access to the best-priced charging, within the simplest experience, across the broadest range of locations."

Nigel Pocklington, CEO of Good Energy, said: "This strategic partnership reinforces the significant role that Zapmap plays in making it simple for EV drivers to charge their vehicles. EVs and related products such as home charging are a major gateway for customer adoption of renewable energy solutions that can help accelerate decentralised clean power."

Enquiries

Good Energy Group PLC
Nigel Pocklington, Chief Executive Ian McKee, Head of Communications	Email: [e-mail]
SEC Newgate UK	Email: [e-mail]
Elisabeth Cowell / Molly Gretton	Tel: [phone]
Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
Henry Fitzgerald - O'Connor / Harry Rees	Tel: [phone]
Panmure Liberum Limited (Joint Broker)
Edward Mansfield / William King / Josh Moss	Tel: [phone]

About Good Energy www.goodenergy.co.uk

Good Energy is a supplier of 100% renewable power and an innovator in energy services. It has long term power purchase agreements with a community of more than 2,500 independent UK generators.

Since it was founded 20 years ago, the Company has been at the forefront of the charge towards a cleaner, distributed energy system. Its mission is to power a cleaner, greener world and make it simple to generate, share, store, use and travel by clean power.  Its ambition is to support one million homes and businesses to cut carbon from their energy and transport use by 2025.

Good Energy is recognised as a leader in this market, through its B Corp accreditation, Which? Eco Provider status and Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

About Hive 

Hive is an eco-tech company on a mission to transform home energy and build a greener, fairer, future for all. Part of the Centrica family, we have helped millions of customers around the UK take a step closer to achieving their eco-energy potential. And looking ahead, our range of pioneering technology - like energy-saving light bulbs, smart meters, solar panels and super-efficient heat pumps - is ready to make home energy even greener, cheaper and easier to use.

About Zapmap

Zapmap was founded in 2014 with a mission to make the EV charging experience simple, wherever you go.

The Zapmap app helps EV drivers search, plan and pay for charging, and currently has around 900,000 registered users. Zapmap has mapped over 95% of the UK's public points on its network, more than 75% of which show 24/7 live status data.

For more information, please visit www.zap-map.com.

 

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