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BMW, DAIMLER, FORD, VW, AUDI, PORSCHE JOINT VENTURE FOR FAST CHARGING ALONG EUROPE HIGHWAYS

Joint venture with power levels up to 350 kilowatt significantly reduce charging time compared to today’s systems.

They are also intending to build 400 ultra-fast electric vehicle charging sites in Europe.Β 

Fast Charging Electric Vehicle refueling sites

Network is also based on Combined Charging System standard. One which uses a connector that is fully compatible. Especially with most current and next-generation battery electric vehicles.

Unprecedented collaboration of the automakers to form a brand-independent network for charging infrastructure.

COLOGNE, Germany, Nov. 29, 2016 – BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group with Audi and Porsche have signed a memorandum of understanding to create the highest-powered charging network in Europe. The goal is also the quick buildup of a sizable number of stations to enable long-range travel for battery electric vehicle drivers. This is an important step toward facilitating mass-market battery electric vehicle adoption.

Fast Electric Vehicle Charging Stations

The projected ultra-fast electric vehicle charging network with power levels up to 350 kilowatt. That will be significantly faster than the most powerful charging system deployed today. The buildup is also planned to start in 2017. An initial target of about 400 sites in Europe is planned. By 2020, consumers should have access to thousands of high-powered charging points. The goal is to enable long-distance travel through open-network charging stations along highways and major thoroughfares.

Mind you before it was not feasible for most battery electric vehicle drivers to date. The experience is also expected to evolve. Especially to be as convenient as refueling at conventional gas stations.

BMW GROUP, DAIMLER AG, FORD MOTOR COMPANY AND VOLKSWAGEN GROUP WITH AUDI AND PORSCHE PLAN A JOINT VENTURE FOR ULTRA-FAST, HIGH-POWER CHARGING ALONG MAJOR HIGHWAYS IN EUROPEThe network will be based on Combined Charging System standard technology. The planned infrastructure expands the existing technical standard for AC and DC charging of electric vehicles to the next level of capacity for DC fast charging with up to 350 kilowatt. Vehicles engineered to accept the full power of the charge stations can recharge brand-independently in a fraction of the time of today’s battery electric vehicles. The network is intended to serve all Combined Charging System-equipped vehicles to facilitate battery electric vehicle adoption in Europe.

BMW Group

β€œThis high-power charging network provides motorists with another strong argument to move toward electric mobility,” says Harald KrΓΌger, chairman of the board of management of BMW AG. β€œThe BMW Group has initiated numerous public charging infrastructure projects over the last years. The joint project is another major milestone clearly demonstrating that competitors are combining forces to ramp up e-mobility.”

Daimler AG

β€œThe breakthrough of e-mobility requires two things: convincing vehicles and a comprehensive charging infrastructure. With our new brand EQ, we are launching our electric product offensive: by 2025, our portfolio will include more than 10 fully electric passenger cars. Together with our partners, we are now installing the highest-powered charging infrastructure in Europe,” says Dr. Dieter Zetsche, chairman of the board of management of Daimler AG and head of Mercedes-Benz Cars. β€œThe availability of high-power stations allows long-distance e-mobility for the first time and will convince more and more customers to opt for an electric vehicle.”

Ford Motor Company

Clearly a reliable, ultra-fast charging infrastructure is important. Especially for mass consumer adoption and has the potential to transform the possibilities for electric driving. That was said by Mark Fields. He is president and CEO, Ford Motor Company. β€œFord is also committed to developing vehicles and technologies that make people’s lives better. So this charging network will make it easier and more practical for consumers. Especially across Europe to own electrified vehicles.

AUDI AG

β€œWe intend to create a network that allows our customers on long-distance trips to use a coffee break for recharging,” says Rupert Stadler, chairman of the board of management of AUDI AG. β€œReliable, fast charging services are a key factor for drivers to choose an electric vehicle. With this cooperation, we want to boost broader market adoption of e-mobility and speed up the shift toward emission-free driving.”

Porsche AG

β€œThere are two decisive aspects for us: ultra-fast charging and placing the charging stations at the right positions,” says Oliver Blume, chairman of the executive board of Porsche AG. β€œTogether, these two factors enable us to travel in an all-electrically powered car as in a conventional combustion engine vehicle. As an automobile manufacturer, we actively shape our future, not only by developing all-electrically powered vehicles, but by building up the necessary infrastructure as well.”

The automobile manufacturers intend to make substantial investments to create the network, underscoring each company’s belief in the future of electric mobility. While the founding partners – BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group – will be equal partners in the joint venture, other automobile manufacturers will be encouraged to participate to help establish convenient charging solutions for battery electric vehicle customers. The joint venture also intends to cooperate with regional partners to ensure a quick network realization.

The joint venture formation is subject to execution of definitive agreements and merger control approval in various jurisdictions.
ABOUT FORD MOTOR COMPANY
Ford Motor Company is a global automotive and mobility company based in Dearborn, Michigan. With about 203,000 employees and 62 plants worldwide, the company’s core business includes designing, manufacturing, marketing and servicing a full line of Ford cars, trucks and SUVs, as well as Lincoln luxury vehicles. To expand its business model, Ford is aggressively pursuing emerging opportunities with investments in electrification, autonomy and mobility. Ford provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products and services, please visit http://www.corporate.ford.com.

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