UK must be ready for rise of electric vehicles, says ABB chief

Charging point manufacturer's CEO warns that UK power grid needs to handle expected 9m electric vehicles by 2030

The UK should speed up preparations for the rise of electric vehicles, according to the chief executive of ABB, the world's largest supplier of fast-charging points.

Speaking as the Switzerland-based engineering firm became the first official sponsor of the electric street racing series Formula E, Ulrich Spiesshofer predicted a flood of consumer take-up of plug-in cars.