Lambeth Council is set to generate income from its network of electric vehicle (EV) charging points, with £2.6 million allocated for the development of new infrastructure. The funding, comprising £1.3 million from Section 106 contributions and £1.3 million from grant funding, was approved by the council's Cabinet on Wednesday, July 22, 2026.

The initiative aims to expand the borough's EV charging facilities and contribute to the council's income generation targets. The capital scheme for EV charging points aims to enable additional income generation in line with agreed saving, with an approved MTFS income generation target of £0.900 million related to this initiative. However, the specific income generation targets are not fully detailed.

Councillor Zvikomborero Chihoro, Cabinet Member for Finance and Community Wealth Building, highlighted the investment as part of a broader strategy. Some of the savings we need this year won't happen without upfront investment, Councillor Chihoro stated during the Cabinet meeting. We'll track that return on investment openly as part of our regular reporting.

Accessibility to the new charging points across different neighbourhoods is a key consideration. A representative from the Norwood Forum raised concerns about charging facilities in the south-east of the borough, noting that some areas are hilly. In response, a cabinet member assured that Accessibility is most definitely one of our main concerns kind of across the board, but especially with electric vehicles and electric vehicle charging. The council is definitely aware that with funding available, it's about expansion as fast as we can feasibly do, essentially, with a commitment to ensuring that charging points are not disproportionately in the north and that other areas of south London are not overlooked.

While the council is committed to equitable expansion, specific mechanisms for ensuring this are not yet detailed. The full details of the council's plans can be found in the Public reports pack.