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Macquarie Asset Management’s Green Investment Group has launched a new electric vehicle infrastructure business, Fleete.

The new business will build charging infrastructure for users of electric commercial vehicles, using a charging-as-a-service model.

Fleete will provide charging infrastructure solutions for three types of location:

Dan Bentham, CEO of Fleete, said: “The deployment of electric fleet charging infrastructure is currently in its infancy - but demand is set to grow exponentially. Fleete has been created to support this large-scale transition to electric commercial vehicles. Through a monthly subscription with no upfront costs, we are putting clients at ease as they transition to electric vehicles.”