Global energy company TotalEnergies has partnered with state utility China Three Gorges Corporation (CTG) to install infrastructure for rapid charging of electric vehicles (EVs) in China.
TotalEnergies and CTG will establish a joint venture company that will install some 11,000 high-power EV chargers by 2025 as well as provide e-mobility services in Wuhan and Hubei province.
The joint venture will take advantage of TotalEnergies’ experience in e-mobility and CTG’s expertise in green energy production and supply.
The two will install 60KW and 120KW EV chargers on the premises of B2B customers and for public charging. Each station will be able to host 20 to 50 Evs, according to a statement.
The MoU between the two falls is part of the companies’ effort to expand their offerings in the new energy and smart mobility business cases and to help China move closer to its 2060 carbon-neutral target.
Alexis Vovk, President Marketing & Services at TotalEnergies, said: “Hubei province is a natural ground to launch this cooperation, as both our companies are established there, and to contribute to the development of sustainable mobility in China and to accompany the ongoing growth of Electric Vehicles in the country. This partnership with CTG opens new doors to TotalEnergies for a long term and widened cooperation with a leader of China’s electric energy.”
Dr Jin Heping, Chief Information Officer of CTG Group, responsible for Technology and Innovation, added: “New energy vehicles’ charging is an important part of new infrastructures’ construction. It has a broad development prospect, with a strong demand for technological iteration. There is such demand for technological innovation in the fields of big data platforms, equipment system integration and solar energy storage and charging microgrids.
“Through the cooperation with TotalEnergies, we would like to extend our upstream expertise in clean power generation and power supply to the downstream retail and mobility services business, while creating at the same time a model of technological innovation in the field of new energy vehicle charging. We are looking forward to learn from each other, and to establish a long-term relationship with TotalEnergies in other energy sectors in China and worldwide.”
CTG is China’s largest clean energy corporation and the world largest hydro-power producer with more than 30GW of hydro, wind and solar power generation capacities in China and overseas.
TotalEnergies is currently present in the EV charging market in Singapore, Amsterdam and its region (22,000), Antwerp (3,000), Paris (2,300) and London (1,700).