Electric vehicle (EV) users are set to benefit from specially tailored flexible energy contracts after Honda and Vattenfall signed a Letter of Intent to introduce them.
In a first for Europe, the agreement will see the partners develop and market a flexible electricity tariff that will enable EVs to be charged at the most cost-effective times, relative to grid demand. The tariffs will also promote the use of electricity generated through renewable sources, including hydro and wind. The service is set to be available in the UK and Germany in 2020, initially, with further European countries to follow.
Users with off-street parking will benefit from Honda Power Chargers, with Vattenfall set to oversee installations through preferred contractors in the UK and Germany, whereas those without will be able to use ubitricity’s growing network of charge points with its smart cable metering technology.
Tomas Björnsson, Head of Vattenfall E-mobility said: “Our goal is to make it easier for EV drivers all over northwestern Europe. This important partnership shows that you can easily contribute to a fossil free world, powered by renewable electricity, and at the same time lower your costs.”