BMW Group, Daimler AG, Ford Motor Company, VW Group together with AUDI AG and Porsche formed a joint venture to build an ultra-fast high-power charging network for battery electric vehicles (BEVs) in Europe.

According to press release, the network will be based on Combined Charging System standard which uses a connector that is fully compatible with most current and next generation BEVs.

The network will have power levels up to 350kW and will allow customers on long-distance trips to charge their vehicles quickly and conveniently. Mark Fields, president and CEO at Ford Motor Company, said, “A reliable, ultra-fast charging infrastructure is important for mass consumer adoption and has the potential to transform the possibilities for electric driving.  This charging network will make it easier and more practical for customers across Europe to own electrified vehicles.”

Starting with 400 ultra-fast charging sites along major highways, new joint venture aims to place thousands of charging  points  across Europe by 2020.

“With this cooperation we want to boost a broader market adoption of e-mobility and speed up the shift towards emission-free driving,” said Rupert Stadler, Chairman of the Board of Management of AUDI AG.

Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, added, "The 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.”

According to press release, the build-up of a new network is planned to start in 2017.

Source: Daimler AG, BMW Group.

by Natalie Myhalnytska