Endesa, Nissan in deal for electric auto recharge points
Thursday 23 September 2010
Spanish energy group Endesa said Wednesday it has signed an agreement with Japanese automaker Nissan to set up a network of recharge points for electric cars.
The announcement comes a day after Endesa said it had inked a deal with Japanese conglomerate Mitsubishi Corporation to work together on the development of electric cars.
"Nissan and Endesa have agreed to advance the technical progress and deployment of Direct Current (DC) quick charging technology throughout Spain," it said in a statement.
"This is in parallel to the work started earlier this year between Endesa's parent company, Italy's ENEL and Nissan's Alliance partner Renault on Alternative Current (AC) quick charging technology.
"The network will be compatible with the Nissan LEAF electric vehicle, which is expected to go on sale in Spain in June 2011."
Endesa Chairman Borja Prado said the group is "committed to be the leading utility for electric vehicles in Spain and Latin America, and that is why we are partnering with the most important players in this market, such as Nissan."
Under the deal signed on Tuesday, Mitsubishi is to introduce its i-MiEV electric vehicle in Spain while Endesa, owned by Italy's largest power company Enel, would build infrastructure to provide power to electric cars in the country.
The two companies also aim to explore the possible expansion into the European Union and Latin America.
Earlier this month Spanish Finance Minister Elena Salgado was in negotiations with Mitsubishi over the possible contruction of a plant in the northwestern port of Vigo to produce parts for electric vehicles.
Spain's Socialist government has said it plans to invest 590 million euros (770 million dollars) over two years in the development of an electric vehicle and hopes to see 250,000 such vehicles on the roads by 2014.
Life & Style blogs
Babies cry at night to stop mothers procreating, scientists claim
Naked yoga: the bare truth - it's already big in the US, and has now landed here
Health warning over 88,000 foreign doctors working in the NHS
Childhood bullying 'can lead to depression and unemployment in adulthood'
Baby catches deadly meningitis infection from cat
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
Nigel Farage on Have I Got News For You: Ukip leader ridiculed over expenses and party 'fruitcakes'
Nigel Farage: I’m taking on the status quo, and the Establishment’s fighting back
- 1 Are you turning into your dad? The top ten signs you've embraced dad-ism revealed as survey says 38 is age men turn into their father
- 2 Overheard in Waitrose: documenting the chatter in 'Britain's poshest supermarket'
- 3 Video of British Muslims dancing to Pharrell Williams's hit Happy attacked as 'sinful'
- 4 24 people applied for the 'world's toughest job', here are their interviews
- 5 Grace Dent on TV: Game of Thrones has jumped the shark
£150.00 per week: QA Apprenticeships: This company is a company that specializ...
£153.75 per week: QA Apprenticeships: This company is an innovative outsourcin...
£150.00 per week: QA Apprenticeships: This company has been providing on site ...
£150.00 per week: QA Apprenticeships: We've been supplying best of breed peopl...