Endesa and Cepsa expand their alliances to further consolidate their powers and jointly promote major trade electric car charger and challenging major rivals such as Iberdrola and Repsol in the development of electric mobility. Electricity and oil companies are joining forces to launch a joint bid to add their respective networks of charging points, making them compatible but independent. Cross discounts to customers of both groups.
Having signed an operating agreement two years ago, both groups are now developing it and shaking up the industry by offering a joint comprehensive solution under its trade name. ‘We are together at every charge’– which customers can access to charge both at home and on the road and are trying to break the market promotions and sales in the final price of the recharge and along with other commercial benefits.
Users who sign up will receive a bonus simply because they sign up for the new trading program 90 kilowatt hours (kWh) It is a feature that is included in the applications of both companies and can be used interchangeably in both charging networks. Companies that pride themselves on leading a single alliance calculate that their customers will be able to travel more than 500 kilometers with their vehicles free of charge with this promotion.
In addition, through both applications, drivers will be able to benefit from up to 4 euro cents per kWh, credits accumulated in loyalty programs and a discount of up to 10 cents per euro on all charges made from the chargers of both companies. It is consumed in products at oil service station stores. In parallel, customers who have an Endesa charger at home will also be able to make a contract. A special electricity tariff that allows the vehicle to be charged overnight with zero energy cost and a 20% discount for the remaining hours.
Thousands of ‘ultra-fast’ chips
Endesa and Cepsa are developing their own charging point networks to enter the electric mobility race. The alliance between both groups makes both networks interoperable but they will remain independent. There are now more than 5,000 charging points in the Endesa network Public access. More than 400 points in total are ultra-fast technology with powers between 150 kW and 350 kW and their purpose is 600 ultra-fast points in the coming months and they are mostly located in areas close to roads.
Cepsa carries out a wide distribution ultra fast charging network In Spain and Portugal there are chargers of at least 150 kW in main corridors and communication routes.
Oil company has carried out multiple installations 130 points ultra-fast charging, advances in technology development of another 330 and its goal in 2030 is to bring such chargers to market. More than 1,000 service stations.