Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

SSE and TotalEnergies accelerate electric vehicle charging network rollout

by July 16, 2024
July 16, 2024
SSE and TotalEnergies accelerate electric vehicle charging network rollout

SSE and TotalEnergies have launched a joint venture aimed at boosting the electric vehicle (EV) infrastructure in the UK and the Republic of Ireland by installing 3,000 ultra-fast charging points.

The new business, named Source, plans to deploy these charging points over the next five years, strategically placing them in 300 hubs along major roads and in urban centres. These rapid chargers will provide enough power in just six minutes for an EV to travel over sixty miles.

“We agreed on this target of 300 sites, but if the market is growing faster it’s also an opportunity for Great Britain,” said Nicolas Longatte, vice-president of electric vehicle charging at TotalEnergies. “We feel it will accelerate the decarbonisation of transport within the UK.”

SSE, a FTSE 100 energy company, and TotalEnergies, a French multinational, have previously collaborated on renewable infrastructure projects, but this marks their first partnership focused on EV charging points.

Nathan Sanders, managing director of distributed energy at SSE, emphasised the importance of meeting the demand for EV chargers. “We’re looking at the demand of chargers, drivers, and operators to ensure we’re in a position to accelerate delivery in line with the UK’s zero-emission mandate. We want to be ahead of the curve and provide the necessary infrastructure to build confidence in the EV market, reducing anxiety for fleets and public charging.”

With several hubs already under construction, the companies aim to capture a 20% market share. Sanders also highlighted the positive impact of the new Labour government on the EV industry, noting that reinstating the 2030 ban on new petrol and diesel cars could significantly drive market growth and support the UK’s decarbonisation efforts. He expressed hope that the government would “accelerate the rollout of electric vehicles through planning and policy direction that boosts market confidence.”

Read more:
SSE and TotalEnergies accelerate electric vehicle charging network rollout

0
FacebookTwitterGoogle +Pinterest
previous post
Biden insists Trump ‘dividing the country’ amid calls for unity and lowering ‘temperature’ in politics
next post
Trump media company shares soar after attempted assassination

You may also like

Charting the Course: SMEs and the UK Vape...

January 19, 2024

Xeiandin & Alitam founder Feisal Nahaboo agrees deal...

August 5, 2022

Truss appoints Jeremy Hunt as chancellor after sacking...

October 14, 2022

Aviva warns against forcing UK pension funds to...

May 16, 2025

Anthony Scaramucci warns of impact on UK trade...

November 12, 2024

West coast main line faces decade-long closures in...

January 15, 2025

Strategies for the Tech-Driven Workplace: Digital Coaching and...

November 28, 2023

How to Choose the Best Baby Clothes for...

February 10, 2025

AI, a helping hand for businesses when moderating...

August 19, 2024

Virtual Data Rooms Unveiled: How They Revolutionize Secure...

August 22, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s Debanking Order Calls for Investigation, Something Tennessee Should Have Done

      August 10, 2025
    • Farage faces rising tension with younger Reform voters over net zero stance

      August 10, 2025
    • The Role of Automation in Streamlining Customer Communication

      August 10, 2025
    • Trump media to stream GB news on Truth+ in global expansion deal

      August 10, 2025
    • Senate Republicans reveal dramatic dealmaking behind Trump’s $3.3T megabill passage

      August 10, 2025
    • White House responds to surge in Christian persecution crisis across sub-Saharan Africa

      August 10, 2025

    Categories

    • Business (8,742)
    • Investing (2,191)
    • Politics (16,352)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved