Mobilize, a Renault Group brand dedicated to new mobilities, and Free To X have announced a transaction that aims to accelerate the deployment of a high-power charging network across the country.
Through this project, Mobilize is set to acquire a significant stake in Free To X, Autostrade per l’Italia’s subsidiary dedicated to fast charging.
Free To X, one of the leaders in the high-power charging (HPC) market in Italy, operates a fast charge network comprising 110 stations, primarily located on motorways.
These stations deliver up to 400 kilowatts of power and are accessible to all e-mobility service providers.
Mobilize’s investment will support the development of new opportunities beyond the motorway network.
Completion of the transaction between Mobilize and Free To X is subject to regulatory approvals.
“Entering into a partnership with Autostrade per l’Italia is a significant step in our mission to lead the transition towards sustainable mobility,” says Gianluca De Ficchy, CEO of Mobilize.
He continues: “By collaborating with Free To X, we are not only enhancing Italy’s charging infrastructure but also aligning with our strategic ambitions to establish a robust fast-charging network across Europe, making electric mobility easier for all.”
“We are proud to join forces with Mobilize to provide fast and Hyperfast charging solutions for travellers, boosting growth outside the motorway network,” states Giorgio Moroni, CEO of Free To X.
“The transaction confirms the relevance of the company in the sector as a key enabler of low-emission mobility in the transition towards more sustainable mobility,” he adds.
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