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EDF has acquired a majority stake in Pod Point, one of the UK’s largest electric vehicle (EV) charging companies.

The acquisition is EDF’s largest investment in the EV market and forms part of its plan to become the leading energy company for electric mobility in France, the UK, Italy and Belgium.

Erik Fairbairn, Pod Point CEO & Founder says: “This is an incredibly exciting next chapter for Pod Point. We set out in 2009 with the vision that travel shouldn’t damage the earth and a mission to put a charge point everywhere you park. So far, we have made great progress towards those goals.”

Simone Rossi, UK CEO of EDF, adds: “Electric vehicles will be crucial in reducing the UK’s carbon emissions and fighting climate change. With the addition of charge points, we can help our customers to reduce their carbon footprints and benefit from lower fuel costs by going electric. The additional electricity demand from EVs will require urgent investment in low carbon generation from renewables and nuclear.”

Pod Point was founded in 2009 and has more than 69,000 charge points in the UK and Norway.

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