financetom
Business
financetom
/
Business
/
Ford, Allego team up for fast EV charging at dealers across Europe
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ford, Allego team up for fast EV charging at dealers across Europe
Mar 26, 2024 6:31 AM

LONDON, March 26 (Reuters) - Ford and fast

electric vehicle charging network Allego ( ALLG ) said on

Tuesday they would roll out ultra-fast chargers for Ford

customers and public use across many of the U.S. automaker's

European dealerships as part of a new partnership.

Allego ( ALLG ) CEO Mathieu Bonnet said the first chargers should be

installed starting in the first quarter of 2025 and would be in

place at many Ford European dealerships over the next three to

four years. They will be open to all EV owners, he said.

"By enabling any EV driver to charge at these Ford

dealerships, we contribute to better EV penetration," Bonnet

said in an interview.

A lack of charging infrastructure has been seen as a major

roadblock to mass adoption of EVs in Europe and one of the

reasons for slowing demand growth for electric cars.

Allego ( ALLG ) will install charging stations capable of delivering

up to 400 kilowatts charging available to EV drivers around the

clock.

As Allego ( ALLG ) is investing in the charging stations, it will

receive the revenue from the chargers. But members of Ford's

BlueOval charging service will receive preferential rates for

using the chargers.

Joerg Hofmeister, Ford Model e Europe's head of charging and

energy, said the chargers would be focused initially in the

automaker's key markets in the United Kingdom, Germany,

Netherlands, France, Italy and Spain, plus some other smaller

markets like Norway.

Ford has about 1,800 European dealerships, but mostly those

in urban areas or likely to receive high EV traffic will have

ultra-fast chargers installed, Hofmeister said.

He said offering the chargers for public use would help

overcome charging infrastructure challenges and would b bring

the owners of other EV brands in contact with Ford's own

offerings at dealerships.

"It's a great opportunity to showcase our products,"

Hofmeister said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved