The French oil group TotalEnergies and the British electricity company SSE announced on Tuesday that they are looking to seize 20% of the electric vehicle (EV) fast charging market in Great Britain and Ireland. To do this, they launched a joint venture called Source

Source will deploy and operate up to 3,000 fast-charging points in both countries over the next five years, which will be powered by renewable energy by the two parent companies. TotalEnergies and SSE are already partners in Scotland's largest offshore wind farm, Seagreen, while Total operates a network of 2,500 charging stations in and around London and around 65,000 in continental Europe, most of which are slow charging stations, which use alternating current. 150-kilowatt (kW) fast-charging stations, which use direct current as opposed to alternating current, can take a conventional electric vehicle battery from empty to full in 30 minutes to one hour. Source is a 50/50 partnership