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02 Mar
12:36

Iberdrola, bp JV to invest €1 billion in EV charging

Spanish utility Iberdrola said Thursday its planned joint venture with bp will invest €1 billion ($1.06 billion) in electric vehicle charging infrastructure across Spain and Portugal, Kallanish reports. The companies intend to deploy 11,700 fast and ultra-fast charging points in the Iberian Peninsula region by 2030. The first target is to open 5,000 charging points by 2025. Some chargers will be located in bp’s network of service stations as charging …
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