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Date: July 5, 2024
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By Mobility Portal
France
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Atlante and Banque des Territoires will allocate €40 million to implement fast charging in France

Through the creation of a joint venture, Alpis, Atlante and Banque des Territoires will facilitate the deployment of over 500 fast-charging points across France.
Atlante charging point france

Atlante France and Banque des Territoires have joined forces to establish a joint venture designed to roll out and operate over 500 fast-charging points for electric vehicles (EVs), thereby contributing significantly to the development of a widespread charging network throughout France.

This project aligns with the goals of Europe and France to achieve carbon neutrality by 2050, adhering to strong commitments such as the widespread sale of electric vehicles by 2035 and the reduction of greenhouse gas emissions from the transport sector.

Thanks to Atlante’s distinctive technological approach, the joint venture will facilitate access to public fast-charging for electric vehicles across the country, including in areas with limited available energy and network constraints.

This initiative will help reduce energy access inequalities and encourage more people to switch to e-mobility.

The new fast-charging stations will be powered 100% by renewable energy certified by Guarantees of Origin and, where applicable, by on-site solar energy.

Atlante will also integrate battery energy storage systems, allowing users to benefit from a smoother charging experience, even during peak periods, and at a more advantageous rate.

The joint venture Alpis is endowed with 40 million euros of equity, contributed 51% by Atlante and 49% by the Banque des Territoires.

Additionally, acting as an implementing partner of the European Union under the Transport – Alternative Fuel Infrastructure Facility (AFIF) component of the Connecting Europe Facility, the Banque des Territoires, through its financial commitment, has facilitated the obtaining of approximately 50 million euros in grants for Atlante across four countries, enabling Atlante to deploy a network of charging stations throughout Southern Europe.

For Jacques Galvani, CEO of Atlante France, says: “This collaboration with Banque des Territoires perfectly matches Atlante’s DNA and goals: to make 100% green e-mobility accessible to all, across the territory.”

“We hope that the technological innovations Atlante is pioneering in Europe, especially concerning the synergy between fast-charging, energy storage, and solar energy production, can benefit all electric vehicle drivers and ease the transition to decarbonised mobility,” he adds.

“We are very proud to contribute, through our investment and our role as an implementation partner of the European CEF-T-AFIF mechanism, to the emergence of a leader in electric charging in France and, more broadly, in Southern Europe,” indicates Pierre Aubouin, Director of the Infrastructure and Mobility Department at the Investment Directorate of the Banque des Territoires.

“By partnering with Atlante, a qualified, innovative, and committed partner in various market segments across the territory, we are strengthening our support for decarbonised mobility and reaffirming our commitment to ecological transformation,” he adds.

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