Renault: partnership for fast charging in Italy
(CercleFinance.com) - Renault Group announces the signing of a framework agreement between its Mobilize brand and Free To X, Autostrade per l'Italia's fast-charging subsidiary, to develop fast-charging infrastructures in Italy.
Through this project, Mobilize will acquire a significant stake in Free To X, whose network currently includes more than a hundred high-power charging stations located mainly on motorways.
The parties intend to improve the charging infrastructure in Italy, focusing on premium locations beyond freeways. Completion of the transaction between Mobilize and Free To X is subject to regulatory approvals.
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