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Home » Powered Up 2026 to Address Financial Barriers in Scaling the UK’s Electric Fleet Transition
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Powered Up 2026 to Address Financial Barriers in Scaling the UK’s Electric Fleet Transition

By uk-times.com11 November 2025No Comments5 Mins Read
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As the UK faces greater budgetary pressures and questions surrounding the future of electric vehicle incentives, Bill Murray and Harrison Hughes emphasise that finance will play the decisive role in determining the speed of progress in clean mobility.

Powered Up was originally created at the London Transport Museum as a forum to unite key figures capable of moving the transition forward. Murray and Hughes designed the event to prioritise meaningful discussion and strategic action rather than scale or spectacle.

The inaugural 2025 gathering demonstrated a clear demand for open dialogue, with participants engaging directly, sharing challenges and proposing solutions. The momentum generated confirmed the need for ongoing collaboration.

The conference returns on Wednesday 21 January 2026, once again at the London Transport Museum. With the theme Finance, Fleet and the Future of Clean Mobility, this year’s edition recognises that the sector has moved beyond testing the technology. The primary challenge now is enabling financially sustainable deployment.

This direction is reinforced through the appointment of Close Brothers Asset Finance as Lead Partner for 2026, highlighting the central role that funding will play in advancing fleet electrification.

Close Brothers has long provided structured financial support to UK businesses and, with a growing focus on sustainability-driven lending, is well positioned to support organisations adopting cleaner transport solutions.

Close Brothers recognises that ambition alone is not enough—businesses need access to capital and guidance to make meaningful progress. Speaking ahead of the announcement, Andrew New, Head of ESG Lending at Close Brothers Asset Finance, commented:

“As Lead Partner in Powered Up 2026, Close Brothers Asset Finance is committed to supporting UK SMEs as they transition to clean mobility. We understand that securing funding can be challenging for many businesses, which is why our experience in the sector is so vital. Our involvement in Powered Up 2026 highlights our dedication to financing the shift toward cleaner transport solutions.”

Those words capture exactly what Powered Up represents. It is not a trade show or a marketing exercise, but a working session for decision-makers. Attendance is by application only, ensuring that everyone in the room contributes something valuable. 

The format is deliberately curated—bringing together experts from finance, fleet management, policy, energy, and infrastructure to foster genuine collaboration.

The 2026 conference will feature keynote sessions, panel discussions, and networking opportunities focused on how Britain can continue investing in cleaner transport during a period of economic constraint. 

The timing is significant. With the government preparing its next Budget, speculation is mounting that incentives for electric vehicles and charging infrastructure could face renewed scrutiny. For many operators and investors, the question is no longer whether to electrify—but how to maintain momentum at scale when fiscal conditions tighten.

Powered Up 2026 will tackle these realities head-on. Discussions will explore how new financial models can accelerate fleet electrification, how local authorities can fund charging infrastructure, and how collaboration between the public and private sectors can unlock new sources of investment. The emphasis remains on practical, actionable solutions that keep the transition moving, even amid uncertainty.

Powered Up was originally inspired by the success of the London to Brighton Electric Vehicle Rally, another initiative led by Murray and Hughes. That event demonstrated what is possible when innovation, community, and enthusiasm intersect—turning the concept of clean mobility into something visible and engaging. 

Powered Up serves as its strategic counterpart, channelling that same energy into the policy and finance conversations that underpin progress. Both share a single mission: to accelerate the shift to a cleaner, smarter transport future.

Feedback from the first Powered Up Conference confirmed that this approach works. Delegates praised the event’s honesty and focus, noting the absence of sales pitches and the value of open, solutions-driven dialogue. By the end of the afternoon, new partnerships had already begun to form—a testament to the event’s purpose as a catalyst for action rather than talk.

This year’s edition arrives at a pivotal time. The UK’s path to net zero is under scrutiny; while targets remain ambitious, funding, infrastructure, and policy are under increasing pressure. Fleet operators face rising costs, energy providers race to expand capacity, and financial institutions seek long-term stability. 

None of these challenges exist in isolation—and none can be solved without collaboration. Powered Up exists to bring those worlds together, aligning their efforts toward a shared goal.

The London Transport Museum once again provides the ideal setting. Amid more than a century of transport innovation, delegates will discuss what must happen next to secure the future of clean mobility. The conference will conclude with a drinks reception in the museum gallery, offering an opportunity to continue conversations and turn ideas into partnerships.

For Murray and Hughes, this is what real progress looks like: creating spaces where honest dialogue leads to practical outcomes. As the Budget approaches and questions mount over the extent of government support for electric mobility, the role of private investment and financial innovation becomes ever more critical. The clean transport revolution will not slow down if those driving it remain committed, informed, and connected.

Powered Up 2026 takes place on Wednesday 21 January 2026 at the London Transport Museum, Covent Garden. Attendance is free but by application only, ensuring a focused and influential audience. Applications are now open at www.electraconnect.co.uk/powered-up.

Ultimately, the future of clean mobility will not be determined by technology alone. It will be shaped by finance, cooperation, and the determination to keep moving forward—no matter how narrow or challenging the road ahead becomes.

 

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