Total has agreed a deal to take over a network of more than 1,600 on-street electric vehicle charging points in London.
The deal, which is expected to complete by the end of the year, is for Total to acquire Blue Point London from the Bolloré Group, and will mean it takes over the management and operation of Source London, which is claimed to be the largest electric vehicle charging network in the capital.
Source London was launched in 2010 and has been developed in cooperation with the London boroughs. According to Total it comprises more than half of the charge points in operation in London.
Total has committed to powering the charging network with electricity from renewable sources, to be supplied by its subsidiary Total Gas & Power.
Total is already active in the installation and operation of charge points networks in Amsterdam and Brussels, and has stated an ambition of operating more than 150,000 EV charge points across major European cities by 2025.
“By combining today these existing infrastructures with Total’s know-how in terms of installation, operation and management of public electric vehicle charging networks, we are starting a new phase, supporting the expansion of electric mobility in London.” said Alexis Vovk, president, marketing and services at Total.
“In collaboration with our partners and the local authorities, we will be able to meet both the strong growth in demand for on-street charge points and the needs for new mobility solutions of London users.”