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Total acquires London’s largest EV charge points network
Total is to acquire Blue Point London from the Bolloré Group. As a result, it will take over the management and operation of Source London, the largest electric vehicle (EV) charging network citywide, which includes more than 1,600 on-street charge points.
Launched in 2010, the current Source London network has been developed in cooperation with the London Boroughs and currently represents more than half of the charge points in operation in the capital city. Source London growth perspectives are supported by the City of London’s ambition to be a zero carbon city by 2050, notably with the aim of increasing 10-fold the number of charge points within five years.
Total is also committed to powering this charging network with electricity 100% guaranteed from renewable sources, to be supplied by its subsidiary Total Gas & Power. Already active in the installation and operation of charge point networks in the metropolitan region of Amsterdam, in the Netherlands, and the Brussels-capital region in Belgium, this acquisition in the UK reinforces Total’s position as a key player in electric mobility in Europe. The Group aims to be operating more than 150,000 EV charge points in Europe by 2025.
News Item details
Journal title: Petroleum Review
Subjects: Road transport, Electric vehicles, Alternative fuels, Decarbonisation
