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Power grid foils Ampol’s big EV charger plans

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Ampol, one of the country’s largest petrol retailers, has dialled back plans to triple the number of electric vehicle chargers because of power grid limitations in a blow to government hopes of pushing motorists towards cleaner cars in big numbers by 2030.

The company’s chief executive, Matt Halliday, said it would not be possible to expand the number of charging bays from 92 to 300 by the end of this year because of difficulties connecting chargers to the grid which is already struggling to cope with an influx of renewable energy generation.

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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/energy/ampol-dials-back-ev-charging-target-slashes-dividend-20240812-p5k1q4