Pod Point Group Holdings plc announced a multi-year preferred partnership agreement with Redrow Following a competitive tender process, Pod Point will become a preferred provider of EV charging infrastructure across all of Redrow's operating divisions in England and Wales, which collectively build over 5700 new homes each year. The contract also extends to a number of Redrow's offices and sales centres that require the retrofitting of chargepoints, supporting the developer's Climate Change Strategy. The deal builds upon the companies' close collaboration since 2018, during which time Pod Point has supplied 2,000 chargepoints to Redrow, driven by continued developments in local and national climate legislation.

These regulations include the notable ruling from June 2022 that all new residential developments in England must have at least one 7kW charge point for each residence with a parking space. The partnership follows the recently announced deal with Barratt Developments plc, another leading housebuilder, under which Pod Point has become a key supplier of EV chargepoints to the developer. These deals support Pod Point's leading market position, the quality of chargepoint products and demonstrate the opportunity presented by these partnerships.

The Group now has commercial relationships with a growing number of the larger housebuilders in the UK.