© Reuters. The British group EG will acquire 20,000 Tesla chargers
EG Group announced Monday that the British gas station operator will acquire ultra-fast charging units from Tesla (NASDAQ:) in a move aimed at improving electric vehicle charging across Europe and aligning with Tesla’s efforts to expand its charging business.
EG Group, owned by the billionaire Issa brothers, who also control the British supermarket chain Asda, plans to significantly grow its charging network. The expansion will see the deployment of more than 20,000 electric vehicle chargers at its existing facilities, a substantial increase from the 600 units currently in operation.
According to EG Group, the first set of chargers is planned to be installed later this year. However, specific details regarding the overall cost and timeline of the entire acquisition were not revealed.
Tesla chargers integrated into the EG Group network will operate as an “open network”, offering accessibility to all electric vehicle (EV) drivers, regardless of vehicle brand. A measure that aligns with the objective of promoting inclusion and convenience within the electric vehicle charging infrastructure.
“Rapidly installing reliable, easy-to-use electric vehicle charging infrastructure is the right step toward a sustainable future,” said Rebecca Tinucci, senior director of charging infrastructure at Tesla.
TSLA shares rose 0.74% in premarket trading on Monday.
