VCHRGD, a British EV chargepoint manufacturer, has outlined the next phase of its growth strategy as it expands beyond EV charging hardware into software, connected services, and international markets.
The company says it achieved 200% year-on-year growth, reached profitability in 2026, completed a funding round, and secured its first international licensing agreement.
Founded in 2021, VCHRGD has grown its business through the UK EV charging market and is now broadening its offering to include connected charging technology, software, energy tariff integrations, and support services for installers, wholesalers, fleet operators, workplaces, and homeowners.
The company says continued investment in software and partnerships will complement its charging hardware as demand for integrated EV charging platforms increases.
VCHRGD also says fewer than 1% of its chargers sold require replacement, while 97% of customer reviews have been rated five stars.
New software and international expansion planned
The company plans to launch grid flexibility services during the third quarter of 2026, enabling charging to respond to electricity grid demand while helping users manage charging costs.
VCHRGD is also preparing to launch a direct-to-consumer sales channel later this year, allowing homeowners to purchase charging systems directly while continuing to support its installer and wholesaler network.
The business has also signed its first international licensing agreement, enabling its charging technology to enter the Australian market through a local partner. Recruitment is also under way across engineering, customer support, operations, and commercial teams.
Fraser Koefman, Commercial Director at VCHRGD, says, “Everything we’ve achieved has been built alongside our partners. Whether that’s installers, wholesalers, fleets, technology providers or energy companies, we’ve always believed that long-term growth comes from growing in conjunction with our partner network.
“We’ve worked hard to build a proposition that’s reliable, commercially appealing, and properly supported, and that’s reflected in the relationships we’ve developed across the industry. As we expand our technology, software, and service capabilities, that commitment to our partners will remain at the heart of everything we do.”
Phil McDermott, Executive Chairman at VCHRGD, adds, “The EV charging market is entering a new phase. The businesses that succeed are those that are built on sustainable foundations, who listen to customers, and [who] invest for the long term. That’s exactly what we’ve done.
“We’ve reached profitability while continuing to achieve notable growth, completed our growth funding round, and are now investing in the people, technology, and services that will define our next chapter.
“Chapter one was establishing product-market fit. Chapter two is about scaling a sustainable, profitable technology business that can play a significant role in the future of EV charging.”
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