Luceco Group’s recent acquisition of SyncEV, specialists in smart charging points for residential EV installations, is set to open a wealth of opportunities for professional EV installers.
SyncEV’s roots date back to 2016, when founders Ben Coombes and Paul Delahey were installing EV chargers as part of a government scheme, supporting homeowners in installing electric vehicle charge points in their homes. This scheme allowed installers to claim a £1,000 grant for each installation. SyncEV was the 247th company to register for the scheme, with the list since growing to over 8,000 installers.
Demand for these systems continued to grow, and through many installations, the small SyncEV team developed a detailed understanding of EV chargers. It soon became apparent that there was much room for improvement with the existing solutions available on the market. Each charger had drawbacks, and many were difficult to install, creating issues for installers and homeowners alike.
Equipped with his extensive knowledge and engagement with key stakeholders in the EV charging industry, Paul began to design and build a new EV charger. The aim was to create a solution designed by installers, for installers, ensuring the installation process and technical support were the best in class.
After a number of prototypes and several design changes, the company’s EV charging system was launched to market in December 2019. The product was one of the smallest EV chargers available and included smart capability through a mobile app. Furthermore, it was backed up with market-leading technical support for both the installer and end-user. SyncEV’s potential was clear to see, leading to the acquisition of the company by Luceco Group in March 2022. Luceco Group’s chief executive John Hornby said: “SyncEV is a small but rapidly growing business with a strong brand and a management team with an excellent understanding of the residential EV charging product category and the professional installer. We are excited by the potential of combining these strengths with Luceco Group’s product development, manufacturing, and distribution capabilities.”
SyncEV will be positioned under the BG Electrical brand and will complement key electrical products within the BG Electrical family. For the contractor, this means the acquisition will enable them to choose even more solutions from a brand they know, trust and are confident in installing. www.syncev.co.uk
