REG-TOTAL Electric Mobility in Germany: Total Acquires Charging Solutions and Becomes the Operator of a Network of 2,000 EV Charge Points

TotalEnergies SEAnnouncement

12/11/2020 07:25

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Electric Mobility in Germany: Total Acquires Charging Solutions and Becomes
the Operator of a Network of 2,000 EV Charge Points

 

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) finalized the acquisition from the
Viessmann group of Charging Solutions, the subsidiary specialized in Electric
Vehicle charging infrastructure of its affiliate Digital Energy Solutions
(DES). With this transaction, Total becomes the operator in Germany of a
network of a 2,000 charge points installed at private businesses’ locations,
including some of which are accessible to the general public.

Total also reinforces its technical and commercial competencies in the fields
of installation, operation and management of charging networks dedicated to
fleets and companies. Based in Munich, this new entity of Total Deutschland
will pursue its development by offering complete solutions for electric
charging, including consulting, planification, installation and invoicing of
charging services. Fleet managers will also benefit from adapted solutions for
their employees’ home charging of companies’ cars.

“The ambition of Total is to operate 150,000 charge points in Europe by
2025. The acquisition of Charging Solutions will allow us to accelerate our
development on the German market” declares Alexis Vovk, President for
Marketing & Services at Total. “Electric charging is modifying the
traditional model of energy supply for vehicles, from the distribution at
service-stations to a multi-channel distribution: at work, at home, in public
places, in commercial areas or at service-stations. We expect a strong growth
on the professional and B2B segment and we will be ready to cater to their
needs with dedicated charging solutions.”

The integration of Charging Solutions to the Group’s German affiliate, Total
Deutschland, is effective since November 1(st), 2020. This transfer of
activities will have no impact on the customers nor on the existing partners
of Charging Solutions.

About Total in Germany

Total is present in Germany since 1955 and currently employs more than 4,000
people. Its affiliate Total Deutschland GmbH operates the third largest retail
network of the country, with more than 1,200 service stations. In Germany,
Total offers a wide range of energy products: lubricants, liquified petroleum
gas, fuel oil, marine and aviation lubricants, bitumen and specialty products
dedicated to the Industry. The Group operates in Leuna one of Europe’s most
modern refineries: Total Raffinerie Mitteldeutschland. Total is also active in
petrochemicals, natural gas trading, solar energy installations with SunPower
and smart solutions for automotive and aviation with Hutchinson. Finally,
Total is also present in new energies for mobility, with an operated network
of over 2,000 charge points for electric vehicles as well as hydrogen
refilling stations. total.de
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(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fde.total.com%2F&esheet=52325789&newsitemid=20201111005986&lan=en-US&anchor=de.total.com&index=2&md5=1969acf509009af76b6ffc04519cdb7d)

About Total

Total is a broad energy company that produces and markets fuels, natural gas
and electricity. Our 100,000 employees are committed to better energy that is
more affordable, more reliable, cleaner and accessible to as many people as
possible. Active in more than 130 countries, our ambition is to become the
responsible energy major.

* * * * *

Cautionary Note

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TOTAL SE directly or
indirectly owns investments are separate legal entities. TOTAL SE has no
liability for their acts or omissions. In this document, the terms
“Total”, “Total Group” and Group are sometimes used for convenience.
Likewise, the words “we”, “us” and “our” may also be used to refer
to subsidiaries in general or to those who work for them.

This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TOTAL SE nor any
of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise.

Total 

Media Relations: +33 1 47 44 46 99 l presse@total.com
(mailto:presse@total.com) l @TotalPress

Investor Relations: +44 (0)207 719 7962 l ir@total.com (mailto:ir@total.com)



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