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June 14, 2019 03:38 AM

Fiat Chrysler signs EV charge point deals with Enel, Engie

Stephen Jewkes
Reuters
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    MILAN -- Fiat Chrysler Automobiles has signed an agreement with European utilities Enel and Engie to help offer its customers charging points for electric vehicles it plans to roll out.

    FCA, which is lagging rivals in developing electrified vehicles, said last June it would invest 9 billion euros ($10 billion) over the next five years to introduce hybrid and electric cars across all regions.

    In a statement, FCA said the main aim of its partnerships with Enel and Engie was to be able to offer private and public charging stations to support the sales of its soon-to-be-launched full-electric Fiat 500 and plug-in hybrid Jeep Renegade.

    "We are assembling an eco-system of partners, products and services across multiple markets to meet and exceed the rapidly evolving expectations of our customers for electrified vehicles," FCA CEO Mike Manley said.

    The deal also includes developing services such as apps to allow clients to locate public charging points.

    Enel, through its Enel X unit, will work with FCA in Italy, Spain and Portugal, while Engie will work with the carmaker in 14 other European markets.

    Last month, the automaker proposed a merger with French rival Renault in part to share the costs of developing a new series of electric cars. Merger talks collapsed earlier this month.

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