Leading electric automaker Tesla has just agreed to sell its ultra-fast chargers to the UK’s EG Group, signifying the first deal it struck with a third-party charge point operator in Europe.
However, this recent partnership is not the first time Tesla has sold its ultra-fast charger on a global scale. EV-a2z previously reported that BP Pulse acquired Tesla Superchargers last month to expand its charging network in the United States.
Deal details
According to Reuters, EG Group intends to purchase Tesla’s latest ultra-fast chargers as part of its expansion strategy for the evpoint network.
The Issa brothers-owned company aims to boost its charging network to over 20,000 chargers at its own stations. As part of this target, the first batch of Tesla ultra-fast chargers will arrive by the end of 2023. It will be open to all electric vehicle owners regardless of brand.
However, it did not disclose the specific amount and timeline of the purchase deal.
“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.”
Tesla’s Senior Director of Charging Infrastructure Rebecca Tinucci
EG’s charging network
According to Teslarati, EG Group currently operates over 600 charging stalls throughout its network in the UK.
As mentioned, it further aims to expand the evpoint business to offer additional 20,000+chargers. EG Group expects Tesla to substantially contribute to the achievement of this target. However, it omitted to share how many chargers it plans to buy from the Musk-led company.
“Securing this best-in-class equipment from Tesla marks another milestone for evpoint and is hugely exciting for us. It is the first deal of its kind entered into by Tesla with a third-party charge point operator in Europe and will transform how our customers charge their vehicles and how they interact with EG. Since installing our first EV charger back in 2012, we have continued to invest in the technology. This deal will accelerate the delivery of vital charging infrastructure for motorists to help power the transition to Net Zero.”
EG Group’s Founder and co-CEO Zuber Issa
Significance
The lack of a sufficient and reliable charging network remains among the top barriers to the widespread adoption of electric vehicles.
EG Group’s move to include Tesla’s reputable Superchargers will undoubtedly address this charging issue in the UK and across Europe. For context, IET cited Zapmap’s data that revealed that the UK currently has only 50,000 public EV chargers as of October, according to government data.
That said, the deal aligns with the country’s goal of deploying 300,000 charge points by the end of the decade.
In addition, it will also aid the company in improving and expanding its current charging network to offer a superior charging experience.
In effect, it will reduce the drivers’ prevailing range anxiety and further encourage new buyers to join the shift to sustainable mobility.
