Versinetic identifies trends shaping UK EV charging market

Looking ahead to 2026 and beyond, the company said the sector is approaching a tipping point at which operational shortcomings and failures to meet compliance standards could carry substantial financial consequences for charge point operators.

One of the most immediate pressures comes from the UK’s legally mandated 99 per cent uptime requirement for rapid chargers. Enforced by the Office for Product Safety and Standards, the regulation allows for fines of up to £10,000 per non‑compliant unit. Versinetic expects this to put smaller and regional operators under strain, particularly those without the scale to support dedicated maintenance teams.

As a result, the company believes operators will face a clear choice: invest in remote monitoring and predictive maintenance capabilities, or risk becoming acquisition targets for larger charging networks better equipped to meet regulatory demands.

Beyond compliance, Versinetic highlighted cybersecurity as an increasingly influential factor in charge point hardware procurement. The company pointed to recent cases in adjacent sectors, including electric buses reportedly being disabled remotely by manufacturers and undisclosed communications devices identified in solar inverters, as a warning for the EV charging industry.

According to Versinetic, similar vulnerabilities exist in charging infrastructure, and operators are likely to treat cybersecurity and full supply‑chain transparency as baseline requirements rather than optional differentiators. The company argues that cybersecurity risks can no longer be viewed as a future concern, given the potential operational and reputational impact.

Alongside these challenges, Versinetic identified V2G technology as a more positive development, forecasting 2026 as the year it reaches commercial viability. Bidirectional chargers are now capable of generating more than £320 per vehicle each year through demand‑response tariffs, while major automotive manufacturers including Tesla, General Motors and BMW are expanding their ranges of V2G‑ready vehicles.

Versinetic expects early commercial building installations to begin generating measurable V2G revenue in the second half of 2026. The company noted that the global V2G market, valued at more than £11 billion in 2024, is projected to grow to £130 billion by 2034. It also cited its involvement in the VIGIL (Vehicle‑to‑Grid Intelligent Control) project, funded by Innovate UK and the UK government’s energy department, as evidence of increasing momentum in the sector.

However, the company warned that structural challenges remain unresolved, particularly around access to charging for households without off‑street parking. An estimated 9.3 million UK homes fall into this category, yet nearly half of the country’s public charging devices are currently concentrated in London and the South East.

Versinetic said the lack of progress on scalable kerbside charging solutions risks widening geographic disparities in access to EV infrastructure, unless meaningful policy interventions are introduced. At the same time, it noted that technologies capable of reducing installation costs for on‑street charging represent a significant commercial opportunity.

Dunstan Power, managing director of Versinetic, said 2026 would mark a turning point for the market. “The EV charging market is maturing fast, and 2026 is the year where cutting corners on compliance, cybersecurity, or interoperability will have real commercial consequences,” he said. “We’re seeing operators face fines for uptime failures, procurement teams demanding supply‑chain transparency they’ve never asked for before, and V2G moving from a nice‑to‑have into a genuine revenue stream.”

Power added that long‑term success would depend on aligning infrastructure investment with practical constraints. “The companies that will succeed are those building infrastructure for the market as it actually is, not chasing headline charging speeds that the grid simply cannot support at scale,” he said.

To read the full analysis use the link below.

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