Skip to content Go to main navigation

Vattenfall aims for leadership in EV charging infrastructure

Vattenfall has set up a new business unit with the aim to become a leading electric vehicle (EV) charging infrastructure operator in Northwest Europe within five years, whilst achieving a turnover of SEK 1 billion.

"We are continuously developing in order to meet requirements of the new energy landscape and the needs of our customers. Electric vehicles are increasingly popular, thus increasing the need for easy charging solutions. This is the key driver for us and our partners and with the new unit we are putting force behind our ambition to build one of Northwest Europe’s biggest charging networks," says Magnus Hall, Vattenfall's CEO.

Vattenfall currently operates EV charging networks in Sweden, Germany and the Netherlands. Vattenfall will now gradually extend the offering for convenient home, business and public charging solutions to new markets, such as the UK, France and Norway. "From now on we expect our charging network to double in size every year in order meet a sharp increase in electric vehicle growth. We aim for a turnover of SEK 1 billion within five years," says Tomas Björnsson, Head of Vattenfall's E-mobility business unit.
 
The new business unit employs some 60 people today and is growing rapidly.

In a bid to further promote the usage of electrical vehicles, Vattenfall is currently implementing a program to electrify its fleet of 3,500 vehicles. Those will be replaced with EV:s or hybrid-cars by 2022.

Vattenfall's strategy is to be fossil free within one generation. Under the current investment plan, SEK 3 billion has been allocated for the development of new businesses, including charging infrastructure and battery storage.

Facts
Vattenfall currently operates 8.800 charging points in Sweden, the Netherlands and Germany. The InCharge charging network was launched in Sweden in November 2016. It is developed together with cities, businesses, municipalities and local power companies. Read more at www.goincharge.com

For further information, please contact:
Vattenfall’s Press Office, telephone: +46 (0)8 739 50 10, email: press@vattenfall.com

See also

Electric scooter
Source: emmy / Benjamin

Cooperation with Vattenfall provides 400 electric scooters in the German cities.

News
Electric car charging at a Tanka station
Press release
2018-06-26

Vattenfall’s charging solution InCharge now available by Volvo and Renault dealers

Vattenfall InCharge wins new ground and will install over 300 charging stations at Volvo a...

Press release

Related Media Assets

See media assets related to this article

Subscribe

Information type

Press release language

Related links

 

More about Vattenfall
Key facts

Vattenfall in brief

Sustainability at Vattenfall

 

Social media
Vattenfall in social media

 

News and press releases on our local websites
corporate.vattenfall.se (in Swedish)

corporate.vattenfall.de (in German)

corporate.vattenfall.co.uk

corporate.vattenfall.dk (in Danish)

corporate.vattenfall.fi (in Finnish)

Download list