on TOTALENERGIES (EPA:TTE)
TotalEnergies and SSE unite for electric mobility in the UK and Ireland
TotalEnergies and SSE have signed an agreement to create a joint venture called Source. This new entity aims to deploy up to 3,000 fast charging points for electric vehicles across the UK and Ireland.
Over the next five years, Source aims to group these charging points into 300 “hubs”, with a target of 20% market share. All sites will be powered by renewable energy supplied by SSE and TotalEnergies.
To support the decarbonization of transport, Source will respond to new British regulations requiring zero-emission light vehicles. In Ireland, the aim is to support the ambition of putting almost a million electric vehicles on the roads by 2030.
TotalEnergies is thus positioning itself as a key player in high-power charging in Europe, strengthening their network and accelerating their development in the production and marketing of renewable energies.
R. P.
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