Tesla has entered into an agreement with the EG Group to facilitate the expansion of its electric vehicle (EV) charging network, evpoint, in the United Kingdom and across Europe. As part of the deal, EG Group intends to acquire Tesla's latest ultra-fast EV charging units to enhance the evpoint charging infrastructure.
Rebecca Tinucci, Tesla’s Senior Director of Charging Infrastructure, expressed excitement about the collaboration, stating, "The rapid installation of reliable, easy-to-use EV charging infrastructure is the right step towards a sustainable future and a key area of focus for us at Tesla. For this reason, we’re excited to make our fast-charging hardware available for purchase to EG Group and other leaders in the space."
Currently, EG Group has over 600 EV chargers within its charging network. The partnership with Tesla aims to propel the evpoint charging network's growth to exceed 20,000 EV chargers. The first Tesla charger at an evpoint station is anticipated to be installed by the end of 2024. Importantly, evpoint is designed to be accessible to all electric vehicle brands.
The agreement between Tesla and the EG Group is a significant milestone for evpoint, according to Zuber Issa, the Founder and co-CEO of EG Group. He highlighted that this deal, the first of its kind between Tesla and a third-party charge point operator in Europe, will revolutionize how customers charge their vehicles and engage with EG. Issa emphasized the transformative impact this partnership will have on delivering essential charging infrastructure to support the transition to a Net Zero future.
It's noteworthy that Tesla has engaged in similar arrangements with other companies in the past. For example, BP Pulse ordered $100 million worth of Tesla chargers for deployment in the United States, creating an independent network. In October, Ford also announced plans to integrate more than 15,000 Tesla Superchargers into its EV charging network, known as the BlueOval Charge Network. These collaborations underscore the growing importance of partnerships in expanding electric vehicle charging infrastructure.