How will investing in EV charging infrastructure support the UK economy?

Investment in EV charging infrastructure could generate significant economic value across manufacturing, construction, software, energy services and infrastructure operations. LCP Delta forecasts the sector could contribute £15.5bn in cumulative direct GVA by 2035, while supporting wider growth across the UK’s EV economy.

What jobs and industries will benefit from EV charging growth?

The growth of EV charging infrastructure is expected to support jobs across manufacturing, installation, software development, engineering, energy retail and flexibility services. By 2035, the sector could support 36,000 direct jobs across the UK.

How does EV charging infrastructure support energy resilience?

EV charging infrastructure enables smarter electricity demand management through smart charging (V2G) and flexibility services. Wider EV adoption could also reduce reliance on imported fossil fuels, strengthen energy resilience and support greater use of renewable electricity across the UK energy system.

What is the economic impact of EV charging infrastructure in the UK?

The report forecasts that EV charging could help unlock £385bn in cumulative economic value across the wider UK EV ecosystem by 2035. This includes investment, employment, supply chain growth, manufacturing activity and wider economic multiplier effects.

Powering a decade of growth: The economic impact of UK EV charging

Energy transition Investment EV charging research Energy transition investment Investment strategy Net zero

A winding road with bright red and white light trails from vehicles creates a dynamic curve, set against a twilight sky with deep pink and purple hues. Mountains are visible in the distance, and city lights illuminate the horizon.

John Murray Partner and Head of Electric Vehicles

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Duncan Sutherland Consultant - EV Charging

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Isaac Charlton Consultant - Strategy & Transactions

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Cara Sloan Associate Consultant - EV Charging

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10 June 2026

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Explore how EV charging could drive UK growth, jobs and investment through to 2035.

New research by LCP Delta and commissioned by ChargeUK explores how the UK’s EV charging sector could become a major driver of economic growth, investment and industrial development over the next decade to 2035.

Drawing on market forecasts, company analysis and economic modelling, the report examines the role EV charging infrastructure could play in enabling wider growth across transport electrification, manufacturing, energy flexibility and the UK economy.

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EV charging sector growth accelerates towards 2035

The report forecasts strong long-term growth across the EV charging sector as infrastructure deployment accelerates and network utilisation improves.

By 2035, the sector could contribute £2.5bn* annually in direct Gross Value Added (GVA) while supporting 36,000 direct jobs nationwide. GVA increases over the decade to 2035, led by profitability improvement through economies of scale and rising charger utilisation.

All figures are presented as Net Present Value (NPV) using the standard UK Government Green Book 3.5% discount methodology.

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Key findings and projections by 2035

£385bn

Cumulative GVA from broad EV sector to UK economy
£15.5bn

Direct cumulative GVA from EV charging sector
36K

Projected direct EV charging sector jobs
£30bn

Potential investment into UK EV charging sector
500k+

Public charge points projected
43TWh

Projected EV charging electricity demand

Real world impact: Featured case studies

The report moves beyond economic modelling to highlight how EV charging investment is already reshaping communities, infrastructure and energy systems across the UK.

Through real-world case studies from across the sector, the report explores how organisations are supporting regeneration, improving availability, accelerating innovation and enabling the wider energy transition from:

Explore the full analysis, forecasts and case studies shaping the future of UK EV charging infrastructure and the wider EV economy.

Access the full report on Spark

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Your questions answered

: Investment in EV charging infrastructure could generate significant economic value across manufacturing, construction, software, energy services and infrastructure operations. LCP Delta forecasts the sector could contribute £15.5bn in cumulative direct GVA by 2035, while supporting wider growth across the UK’s EV economy.

: The growth of EV charging infrastructure is expected to support jobs across manufacturing, installation, software development, engineering, energy retail and flexibility services. By 2035, the sector could support 36,000 direct jobs across the UK.

: EV charging infrastructure enables smarter electricity demand management through smart charging (V2G) and flexibility services. Wider EV adoption could also reduce reliance on imported fossil fuels, strengthen energy resilience and support greater use of renewable electricity across the UK energy system.

: The report forecasts that EV charging could help unlock £385bn in cumulative economic value across the wider UK EV ecosystem by 2035. This includes investment, employment, supply chain growth, manufacturing activity and wider economic multiplier effects.