Mobilize and Autostrade per l’Italia complete their strategic alliance to power sustainable mobility in Italy

Core Insights - Mobilize and Autostrade per l'Italia have completed their strategic alliance to enhance sustainable mobility in Italy, focusing on the development of fast-charging infrastructure [2][6]. Group 1: Strategic Alliance Details - Mobilize has acquired a significant stake in Free To X, a leader in the high-power charging (HPC) market in Italy, which operates over 110 charging stations powered by renewable energy [2][6]. - The charging stations can deliver up to 400 kW of power and are strategically located approximately every 50 km along the Autostrade per l'Italia motorway network, exceeding European targets [2][6]. - The partnership aims to accelerate the deployment of charging infrastructure beyond highways, addressing current and future customer needs [2][3]. Group 2: Market Impact and Vision - The alliance is expected to advance the European electric vehicle ecosystem by expanding the network of charging stations, facilitating a smoother transition to electric mobility [3]. - Mobilize's partnership with Free To X provides fast-track access to the Italian EV charging market, allowing Renault Group to generate recurring revenues in the evolving automotive value chain [3][6]. Group 3: Environmental and Operational Achievements - Free To X has achieved over 1,000,000 recharges since 2021 and has avoided 29,500 tons of CO2 emissions during the same period [7]. - The charging stations operate on 100% renewable energy, reinforcing the commitment to sustainable mobility [7].