National Grid plc (NYSE:NGG) is a leading utility in the United Kingdom and also in Northeastern United States. As a regulated utility, the company earns a specified rate of return on its rate base according to regulators. As such, National Grid benefits from increased grid investment and preparation for more EVs, which will increase demand for electricity from the grid. In terms of grid investments, National Grid expects capital investments of £42 billion from FY2022-2026, up from the previous £40 billion as the company is increasing investment in the decarbonization of energy systems.