Fiat Chrysler and Engie agree to set up e-mobility joint venture
MILAN (Reuters) – Fiat Chrysler and Engie EPS, a part of French utility Engie that focuses on vitality storage strategies and microgrids, plan to set up a joint venture to enhance electrical mobility, the two companies acknowledged on Thursday.
Fiat Chrysler’s Italian division and Engie EPS, which can be based totally in Italy, have entered proper right into a memorandum of understanding geared towards creating the joint venture, they acknowledged in a press launch.
The new venture will present a full fluctuate of merchandise and choices, along with residential, enterprise and public charging infrastructure as well as to inexperienced vitality packages for electrical vehicle prospects all through Europe, they acknowledged.
Fiat Chrysler (FCA) launched {the electrical} 500 small vehicle and numerous Fiat, Jeep and Maserati hybrid fashions this 12 months in a bid to catch up with rivals throughout the race for inexperienced mobility.
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