Tue.
Nov 24
2020
France’s Total SA Continues Electric Car Charging Point Expansion

Image: Michael Marais via Unsplash

French oil and natural gas producer Total SA is continuing its transition to cleaner energy as it finished acquiring a network of charging points for electric cars in Germany.

The French super major gained 2,000 charging points with the acquisition and created a new entity called Total Deutschland, based in Munich. The unit will seek to develop the business, offering installation, consulting and complete solutions for electric vehicle charging.

“The ambition of Total is to operate 150,000 charge points in Europe by 2025. The acquisition of Charging Solutions will allow us to accelerate our development on the German market,” Alexis Vovk, President for Marketing & Services at Total, said in the statement.

The purchase follows the company’s recently announced strategy to shift increasingly to power production generated from either renewable resources or natural gas. The company recently acquired a network of charging points for electric cars in London.

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Stephen Bierman

By Stephen Bierman

Stephen Bierman is an energy, markets journalist and the editor of New Economy Observer.

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