The road to growth: Why motorway services are key to EV revolution

cityam05-22

Motorway services will be central to the EV transition, but urgent action is needed to unlock grid capacity, writes Tim GittinsThe UK has now passed a significant milestone with more than 2m electric ...

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With the 75-year lease extensions recently secured in partnership with The Department for Transport and National Highways across five of our sites, including Watford Gap, we are now able to commit tens of millions of pounds to upgrading facilities, expanding capacity and future-proofing our network for the next generation of road users and vehicle requirements.This investment delivers not only better infrastructure, but wider economic benefits in the form of jobs, productivity and regional development, and there are opportunities to unlock even more growth. New motorway service developments in underserved areas have the potential to function as catalysts for regional growth, improving connectivity while creating local employment and attracting add","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU0757428866.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AE\" (USD) ACC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0728928796.USD":"abrdn SICAV I - GLOBAL SMALL&MID-CAP SDG HORIZONS EQUITY \"A\" (USD) ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","BK4143":"办公服务与用品","MSA":"Mine Safety Appliances Co","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1815336091.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC"},"translate_title":"增长之路：为什么高速公路服务是电动汽车革命的关键","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSA":1},"content_text":"Motorway services will be central to the EV transition, but urgent action is needed to unlock grid capacity, writes Tim GittinsThe UK has now passed a significant milestone with more than 2m electric vehicles on the road. It is a powerful signal of the pace at which transport is changing, and of the scale of the challenge now facing policymakers and industry alike in ensuring the infrastructure exists to support that transition at pace in practice, not just in principle.Since the opening of Watford Gap in 1959, the UK’s first motorway service area (MSA), motorway services have continually adapted to meet the needs of a growing and increasingly mobile nation, supporting long-distance travel, improving road safety and ensuring the drivers delivering goods we all rely on have places to stop and rest, quietly underpinning the UK’s logistics network. Today, as the government prioritises economic growth, accelerates housebuilding and pushes forward with transport decarbonisation, the role of motorway services is evolving once again, becoming far more central to the delivery of those ambitions.At Roadchef, we operate sites that serve millions of motorists each year, but their significance extends well beyond convenience. Motorway service areas are a form of critical national infrastructure – as well as providing drivers with safe places to rest, they support drivers to sustain the movement of goods, enable labour mobility and contribute to economic activity across the country.  \n\nMotorway services are vital national infrastructureAs pressures on the transport network intensify, that function is only becoming more important and in partnership with government and industry, we now need to plan properly for the long term. With the 75-year lease extensions recently secured in partnership with The Department for Transport and National Highways across five of our sites, including Watford Gap, we are now able to commit tens of millions of pounds to upgrading facilities, expanding capacity and future-proofing our network for the next generation of road users and vehicle requirements. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThis investment delivers not only better infrastructure, but wider economic benefits in the form of jobs, productivity and regional development, and there are opportunities to unlock even more growth. New motorway service developments in underserved areas have the potential to function as catalysts for regional growth, improving connectivity while creating local employment and attracting additional investment.To meet housebuilding ambitions and support numerous infrastructure projects across the country, the expansion of HGV facilities is fundamental to the viability of the UK’s construction pipeline and to the government’s levelling up ambitions. Delivering new homes at scale depends on the efficient movement of materials and labour across the country, yet the infrastructure supporting those supply chains is under increasing strain. With the right investment and planning support, motorway services areas can play a decisive role in ensuring that networks operate smoothly, helping turn housing targets into homes built.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.3","shortVersion":"4.42.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2637317514","isCrawlerRequest":true}