EV charging group Tritium secures major UK service station deal

EV charging group Tritium secures major UK service station deal

Image via Tritium

Brisbane-based electric vehicle (EV) charging technology innovator Tritium (NASDAQ: DCFC) has partnered up with one of the UK’s leading service station operators to add more than 100 fast chargers to Motor Fuel Group’s (MFG) network.

Tritium, which has been rapidly expanding across the US this year and even received a shout-out from President Joe Biden for the company’s role in building the nation’s EV charging infrastructure, will roll out the fast chargers at some of MFG’s 900-plus sites.

The MFG locations will be equipped with NASDAQ-listed Tritium’s 150kW DC fast chargers which can add 100 miles (160kms) of range to an EV in just 10 minutes.

“We’re proud to partner with Motor Fuel Group to support their parallel goals of electrifying transportation and enabling a greener and cleaner future by providing customers with readily available rapid chargers across their forecourt network in the UK,” Tritium CEO Jane Hunter said.

“This announcement highlights MFG’s recognition that the world is changing, and they are leading the charge towards electric vehicles and low carbon fuels in line with the UK government’s ambitions.”

MFG has also announced it is investing £400 million ($705 million) in its EV strategy, funded entirely by cash on hand. The investment will support its electrification goals to provide reliable and practical EV services for all customers, with the aim to install 3,000-plus ultra-rapid 150kW and 350kW chargers across more than 500 UK sites by 2030.

“We are delighted to be working with Tritium as we push to be the biggest ultra-rapid charging hub operator in the UK,” Motor Fuel Group director, EV Ed Chadwick Till said.

“Tritium’s industry leading technology, their exciting product roadmap, and best-in-class customer care give us confidence in a long-term partnership that will help MFG in its mission to make EV charging simple, reliable, and stress-free.”

The news marks the continuation of Tritium’s concerted push into the UK market, and comes two months after it reached a deal with Osprey Charging Network for the sale of 250 additional rapid chargers.

That announcement was five months after Osprey, one of the fastest growing in the sector in the UK, initially bought 110 rapid chargers from Tritium.

The EV charging unicorn also recently entered into a multi-year contract with energy giant BP (NYSE: BP) to supply the multinational with DC chargers and related services as it rolls out a global EV charging network.

Subscribe Now!
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

MediSecure data breach: why is health data so lucrative for hackers?

MediSecure data breach: why is health data so lucrative for hackers?

The latest large-scale ransomware attack on a health technology pro...

The Star confirms US casino group Hard Rock has shown interest in striking a deal

The Star confirms US casino group Hard Rock has shown interest in striking a deal

The Star Entertainment Group (ASX: SGR) has confirmed speculation t...

GO.FARM to invest $600m in new agriculture fund

GO.FARM to invest $600m in new agriculture fund

One of Australia's leading producers of several crops with 88,0...

Medibank lifts customer cashbacks to a healthy $305m as claims growth eases

Medibank lifts customer cashbacks to a healthy $305m as claims growth eases

Health insurer Medibank Private (ASX: MPL) has upped its cashback p...