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An open network that provides privileged access to Stellattis customers, with the goal of being the largest fast charging network in Southern Europe
Regulatory News:
Taking into account the Masterplan10x and strategic ambitions announced by NHOA (Paris: NHOA) and the approval of the Free2Move eSolutions board, Carlalberto Guglielminotti, CEO of NHOA and Executive Chairman of Free2Move eSolutions, announced the project to develop the first electric vehicle fast charging network with 100% vehicles To grid integration (VGI), which consists of renewable energy and energy storage (“Atlantis Project”) With the approval of the European Commission on July 14, 2021, the Atlante project is also timely. Suitable for 55 One of the goals of the package plan is to register 100% zero-emission vehicles by 2035 and regularly install charging and refueling points on major highways: charging every 60 kilometers and hydrogen refueling every 150 kilometers.
The Atlante project will initially be developed in Southern Europe. As announced during the Stellatis Electric Vehicle Day 2021 on July 8, 2021, the project will be an open network that will meet the needs of different Stellatis customers and become the preferred fast charging network Stellantis and its customers (“Atlantis Network“).
NHOA will develop and invest in Atlantic Network as an owner and operator, using its own resources and other forms of financing, including TCC as the main founding investor support, and Free2Move eSolutions as a turnkey technology provider.
“The Atlante project is the cornerstone of our strategic ambitions and a testament to NHOA’s new business model transformation: from pure technology players to infrastructure developers, owners and operators, taking full advantage of the complete product portfolio in the storage field and vertical integration technology and electric car,Said Carlalberto Guglielminotti, CEO of NHOA and Executive Chairman of Free2Move eSolutions.
Roberto di Stefano, CEO of Free2Move eSolutions commented, “Atlante is opening a new era. Energy transition and zero-emission travel will become the norm in our lives, creating a better planet for future generations.”
NHOA and Free2Move eSolutions have determined the market potential, scope and ambition of the Atlante project based on the market analysis prepared by McKinsey & Co..
Market outlook and two-step roadmap to 2030
Public fast charging markets in Southern Europe, namely Italy, France, Spain and Portugal (“Core country“), is still in its infancy and is expected to achieve rapid growth by 2030. In 2030, about 90% of the mobile fast charging network in Southern Europe has yet to be constructed and developed, which constitutes a huge potential business opportunity.
In particular, according to the analysis conducted by NHOA and Free2Move eSolutions with the support of McKinsey & Company: (i) The penetration rate of pure electric vehicles (BEV) and plug-in hybrid vehicles in core countries is expected to increase by 26 times and reach 1,300 by 2030 10,000 BEVs, 3 million by 2025, and (ii) “Mobile” fast charging demand is expected to increase 46 times, reaching 9 TWh by 2030 and 1.9 TWh by 2025. Charging system operators and charging station operators will occupy a central position in this market, and the role of owners and operators will represent the most attractive long-term opportunity in the public fast charging market.
Given the size of this potential market, the Atlante project’s ambition is to develop within the next 10 years in accordance with the goals announced by Stellattis on the 2021 Electric Vehicle Day held on July 8, 2021:
