EDF, through its British subsidiary EDF Energy Customers Ltd, has finalized the acquisition of all outstanding shares of Pod Point Group Holdings PLC, a prominent London-based electric vehicle (EV) charging solutions provider. The completion of this transaction, effective August 4, 2025, follows the Pod Board’s recommendation of EDF’s buyout offer in June, at which point EDF already held a 53% stake in the company. This strategic consolidation underscores EDF's intensified commitment to advancing Britain's energy security and accelerating the electrification of its transport sector.

As a direct consequence of the acquisition, Pod Point has been delisted from the London Stock Exchange, transitioning into a privately held entity under EDF's full ownership. This move is poised to integrate Pod Point’s extensive EV charging network and innovative solutions more deeply within EDF’s broader energy services portfolio, aiming to provide customers with more integrated and cost-effective EV charging options.

Melanie Lane, CEO of Pod Point, commented on the development, stating, “Joining the EDF family today marks a new era for Pod and an opportunity for us to build upon our years of collaboration with EDF. We will continue to work closely with our wider ecosystem of partners and customers to deliver on our commitment to help busy households with all their charging needs, while supporting Britain’s electricity grid.” Philippe Commaret, Managing Director of Customers, EDF in the UK, added, "Pod has been a key player in the EV charging space and as a wholly owned subsidiary of EDF, will be well-positioned to thrive in a rapidly evolving market.”

The acquisition is expected to bolster the rollout and development of Pod Point’s recently launched "Pod Drive" subscription offer. This industry-first initiative significantly reduces the upfront cost of a Solo 3S home EV charging system while offering cashback on smart-charged miles and a 48-hour service level agreement. EDF, already a major provider of EV tariffs like its "Go Electric" plan, which offers substantial annual savings compared to standard rates, sees this integration as a means to further enhance its comprehensive EV ecosystem. All EDF’s EV tariffs are notably backed by the zero-carbon electricity generated by EDF itself, aligning with broader decarbonization goals. The synergy between Pod Point’s charging infrastructure and EDF’s renewable energy supply is crucial for fostering sustainable EV adoption.

This acquisition reflects a broader trend in the energy sector where utility companies are increasingly integrating downstream services to capture value across the entire energy value chain, particularly in the rapidly expanding EV market. By fully owning Pod Point, EDF gains greater control over the development and deployment of charging solutions, directly influencing the pace of EV adoption and grid integration in the UK.