11:24 AM EDT, 03/26/2024 (MT Newswires) -- Ford Motor ( F ) and Allego ( ALLG ) have partnered to offer ultra-fast charging infrastructure to Ford dealers in Europe, the companies said Tuesday.

Under the collaboration, clients will have access to the plug & charge technology at Allego ( ALLG ) charging stations, the companies added.

Allego's ( ALLG ) charging stations will be available for EV drivers and compatible with vehicles having DC charging capability irrespective of manufacturer, according to the companies.

Financial terms weren't disclosed.

Shares of Ford were fractionally lower in recent trading, while Allego ( ALLG ) stock rose over 4%.