The company installed its first charger in 2016 and has built up the network since. In a statement to EVC&I a Vector spokesperson explained its decision to sell its charging network.
“At the time we deployed public EV chargers as a trial. The purpose was to understand the network impacts of public EV charging so that we could plan for a future where EVs are much more common on our roads. Alongside this there were very few public charging stations and we saw it important as a majority community owned business to not only understand the charging dynamics but also support the pathway to EV adoption.
"With EV ownership increasing, growing numbers of participants in the market, maturing technology, and our understanding of network impact greatly enhanced in both public and home charging, we now consider we have met our objectives.“
