FCA Italy & Engie EPS consider joint venture

FCA Italy and Engie EPS have signed a Memorandum of Understanding to create a joint venture in the field of e-mobility. The focus will be on energy and charging infrastructure solutions and services for the private, commercial and public sectors.

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Engie EPS is a business unit set up under the umbrella of the French energy utility Engie, specializing in energy storage systems and microgrids. Together with FCA Italy, the company will explore the creation of a joint venture to offer a wide range of eMobility products. Among the products to be named are charging infrastructure solutions for private households, companies and public institutions, as well as green electricity subscriptions that enable customers to charge at home and at public charging points in Europe at a fixed monthly price.

This is not the first approach between Fiat Chrysler Automobiles and Engie. In May, the two companies launched a joint Vehicle-to-Grid project at the Mirafiori plant in Turin. The goal: the installation of initially 64 and in the final stage over 700 bidirectional charging points.

Update 08 May 2021: The new car company Stellantis, involved through its subsidiary FCA Italy, and Engie EPS have now unveiled the eMobility joint venture announced last autumn. The joint venture is called Free2Move eSolutions and has started operations. The offering includes various products and services in the field of charging infrastructure such as wallboxes, fast charging systems and V2G services. Recycled batteries from the automotive industry are also used.

reuters.com, media.fcaemea.com, free2move.com (update)