Swedish utility Vattenfall has been increasing their efforts to take their share of the electric car charging market. Their InCharge network is on course for expansion in Europe and their latest driver to take charge of Germany is the former EVBox employee Fermin Bustamante.
Bustamante joins Vattenfall from EVBox, where he was responsible for the DACH region. Vattenfall aims to double the number of charging stations in the InCharge network every year and hopes for a revenue of 100 million euros within the next five years.
In the same period, the utility wants to decarbonise their own fleet. By now, 25 percent of their 4,000 company cars have been exchanged with electric ones, announced CEO Magnus Hall.
Vattenfall had expanded the InCharge network to include Great Britain in June reportedly. As in other countries, the utility relies on partners to join the network while Vattenfall takes care of billing and enables roaming. They call on commercial developers, real-estate companies, industries, fleet owners and public bodies, such as local authorities to install charging poles around the UK.
Vattenfall currently operates over 9,000 charging points in Sweden, the Netherlands and Germany. Only in its home country Sweden is Vattenfall looking into home charging solutions as they have launched a joint offer for electric car charging with Volvo (we reported).