Enel X partners with Volkswagen to install over 3,000 high-power EV chargers in Italy
Enel X, an advanced energy solutions provider owned by Italian electricity & gas giant Enel Group, has announced the signing of a commercial deal with Volkswagen (VW) to create a joint venture (JV) to build and operate a network of fast-charging stations in Italy. Under the new 50-50 JV, the two companies will work together to deploy and operate nearly 700 charging stations equipped with more than 3,000 high-power ultra fast charging points. Each will have capacity of up to 350 kW. The network will be available for all EVs, irrespective of brand.
The Enel X-Volkswagen JV will focus on locations like city centers and main roads as it would help the maximum number of EV owners, which in turn would enhance the adoption of electric vehicles among urban drivers.
Announcing the creation of the JV, the companies said, “The Enel X-Volkswagen joint venture will focus on city centers, main roads used by commuters and main extra-urban roads with the aim to enhance the uptake of electric vehicles among urban drivers that do not have private parking facilities.”
As per their claims, the upcoming charging points will be efficient enough to replenish the exhausted batteries of mid-size electric cars like the Volkswagen ID.3 in merely 20 minutes.
As soaring carbon emissions are leading to global warming, government around the globe are pushing automakers and customers to make a shift from conventional internal combustion engines (ICEs) to EVs. The number of electrified models on the market has been on the rise, particularly since the onset of COVID-19 pandemic. Nevertheless, range anxiety and lack of charging infrastructure remained the biggest hurdles on the way to mass adoption of electrified models. In spite of much hype about EVs, EVs still represent just a tiny fraction of the total automobile market. According to a recent study, EVs still make up less than 5 per cent of total automobile sales worldwide.
Thus, the announcement of the creation of the Enel X-Volkswagen JV was welcomed by Italian government officials as well as by industry analysts.
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