TotalEnergies and SSE to launch EV charging firm

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French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle (EV) fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies said today.

French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies said today.

The 150 kilowatt fast-charge stations, which use direct current as opposed to alternating current, can take a typical EV battery from empty-to-full in 30 minutes to an hour.

 

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