Whats a Billion?
It certainly used to be 1million million, 12 zeros 1,000,000,000,000.
Looks like I have been dealing in "old money" in 1974 the UK Government officially switched to the short-scale billion as one thousand million 1,000,000,000 nine zeros.
Makes the price per charging post around the £10,000 mark, for the 190,000 proposed AC (7-22kW) charging points to be installed by Connected Kerb in the UK by 2030 as part of the The UK government’s Office for Zero-Emission On-Street Residential Charging Scheme (ORCS). UK taxpayer pays 75% Connected Kerb 25%.
Are future revenues for the sceme installed units going to be shared in the same proportion
https://www.electrive.com/2021/11/08/co ... ge-points/
Shell are into it too with their ubertricity subsidiary installing 50,000 on-street chargers by 2025 also part of the On-street Residential Charging Scheme (ORCS)
Have to question whether Shell need any kind of subsidy at all for expanding their future business plan into off street residential charging.
Even in our current times the average journeys by the uk driver for which 2018 is probably the most relevant full year was 6,530 miles 125 miles per week. The majority of current vehicles in 2021 will cope with that sort of mileage on a single charge a week. Go back 5 years and a couple of charges a week would be necessary, go forward 5 years and most EV's will be in the 200 miles + range category.
The odd visit once a week to your local charging hub should more than cope with fuelling your vehicle, whether you live in a block of flats, have no off-street parking, or a pavement running between your flat or house and the place you park your car.
Not entirely sure whether the flooding of a small number residential streets with charging points, and a "fuel pump" in your on-street parking space, with "slow chargers" is value for money at £10,000 a post.
Regards Neil