Lloyds Banking Group, National Grid Electricity Transmission and international energy and services company Centrica, were unveiled as Commercial Partners for Innovation & Technology in Transport 2020 (ITT Hub 2020), a new business event in the UK for the transport and technology sector.
The event will take place at Farnborough International Conference & Exhibition Centre on May 13, 2020 on the site where the first powered flight took place in 1908.
Each company has a strategic objective to work closely in the transport sector. Individually and collectively, all three Partners will further add to the growing profile of the newly launched event, which will include thought leadership and business networking activities.
CEO of the organisers of ITT Hub 2020, Mark Griffin said: “All three of our new Partners share our view that transport is changing rapidly. We are delighted that, by working together, we can provide our visitors, exhibitors and industry stakeholders with an injection of fresh innovation through thought leadership and shared goals.
“Each Partner has their own individual role to play in shaping the future of mobility and we are proud that ITT Hub 2020 has been recognised as an event which they want to partner with to achieve this.”
Representing National Grid Electricity Transmission, Project Director of Electric Vehicles Graeme Cooper said: “With the road transport space being vitally important to the UK economy, we are actively engaging with many stakeholders to accelerate the decarbonisation of transport (as well as heat).
“The rollout of electric vehicles is fundamental to achieving this, and National Grid Electricity Transmission’s proposal to provide an upgraded electricity network connection at 54 motorway service areas [in the UK] would allow 99 per cent of drivers in England and Wales to be within 50 miles of an ultra-rapid charging hub – one which would allow them to achieve a 200 mile charge in the time taken to buy and drink a coffee.
“This would complement home, workplace and destination charging (such as retail sites and leisure facilities) and provide a solution for those unable to charge their vehicles at home, including drivers on the move, plus fleet and bus operators looking to maximise vehicle utilisation.”
Carl Bayliss, Vice President of Mobility for Centrica Innovations, said; “As the UK’s largest energy supplier and operator of one of the largest fleets in the country, we know better than most the challenges facing the energy and transport sector as we look towards a low carbon future.
“We believe that meaningful partnerships will be key to unlocking the electrification of vehicles in the UK and beyond, and look forward to driving forward opportunities to develop thought leadership, innovation and collaboration in this space.”