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:

• Working with clients to deploy charging in large scale depots where vehicles are parked overnight.

• For smaller clients, Fleete will build hybrid hubs, working with an anchor client to develop a charging infrastructure hub in locations such as trading estates or carparks, which can be used by multiple fleets and vehicles of all sizes, such as taxis and light commercial vehicles.

• Intercity chargers – supporting truck and coach fleets by building rapid chargers close to motorways.

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.”