EG Group to acquire Tesla’s ultra-fast chargers for evpoint business for UK and Europe
14 November 2023
EG Group, one of the world’s leading independent convenience retailers with an extensive network of sites across international markets, has agreed to a deal to acquire Tesla’s latest ultra-fast charging units for EG’s rapidly growing evpoint business across the UK and Europe. The chargers will be branded “evpoint” and will leverage Tesla’s industry leading technology.
The hardware will operate on an open network basis, meaning that all drivers will be able to access evpoint chargers regardless of the brand of vehicle they drive.
The chargers will also support the Plug and Charge protocol, which simplifies and automates payments.
The first of the new charger units are expected to be rolling out before the end of the year.
Securing this best-in-class equipment from Tesla marks another milestone for evpoint and is hugely exciting for us. It is the first deal of its kind entered into by Tesla with a third-party charge point operator in Europe and will transform how our customers charge their vehicles and how they interact with EG. Since installing our first EV charger back in 2012, we have continued to invest in the technology. This deal will accelerate the delivery of vital charging infrastructure for motorists to help power the transition to Net Zero.
—Zuber Issa CBE, Founder and co-CEO of EG Group
In October, bp pulse, bp’s EV charging business, announced it will acquire ultra-fast charging hardware units from Tesla for $100 million. (Earlier post.)
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