Tritium DCFC Ltd (DCFCQ)

[WeTheMarket]

Over 100 New Tritium DC Fast Chargers to Be Added to the Motor Fuel Group Forecourt Network in the United Kingdom
June 30 2022
https://ih.advfn.com/stock-market/NASDAQ/tritium-dcfc-DCFC/stock-news/88489435/over-100-new-tritium-dc-fast-chargers-to-be-added

Tritium DCFC Limited (“Tritium” or the “Company”) (Nasdaq: DCFC), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”) is expected to supply more than 100 rapid chargers to Motor Fuel Group (“MFG”), the largest independent forecourt operator in the UK.
With over 900 sites offering customers a growing dual-fuel strategy, a versatile valeting offer, and a convenient retail and ‘food to go’ portfolio, MFG is dedicated to keeping UK motorists on the move, supporting local communities, and enabling a transition to a cleaner environment.

MFG forecourts will be the place for high speed, convenient, ultra-rapid top-up charging, equipped with Tritium’s 150kW DC fast chargers, which can add 100 miles (160 kilometers) of range to an EV in approximately 10 minutes, and are designed for more cost-effective operations and infrastructure deployment.

“We’re proud to partner with Motor Fuel Group to support their parallel goals of electrifying transportation and enabling a greener and cleaner future by providing customers with readily available rapid chargers across their forecourt network in the UK,” said Tritium CEO Jane Hunter. “This announcement highlights MFG’s recognition that the world is changing, and they are leading the charge towards electric vehicles and low carbon fuels in line with the UK government’s ambitions.”

To show their commitment to a cleaner, greener, and more sustainable environment, MFG is investing £400m in their EV strategy, funded entirely by cash generated through their existing business. This investment will support their electrification goals to provide a reliable and practical service for EV customers, by installing 3,000+ ultra-rapid 150kW and 350kW chargers across 500+ sites in the UK by 2030.

MFG is also offering landlords and developers a no-cost opportunity to have guaranteed rental income, improved on-site facilities, and increased site footfall and dwell time through their EV Power brand, which requires no subscription and allows customers to pay for their charge using contactless payment methods or through their app.

"We are delighted to be working with Tritium as we push to be the biggest ultra-rapid charging hub operator in the UK,” said Ed Chadwick Till, Motor Fuel Group Director, EV. “Tritium’s industry leading technology, their exciting product roadmap, and best-in-class customer care give us confidence in a long-term partnership that will help MFG in its mission to make EV charging simple, reliable, and stress-free."

About Tritium

Founded in 2001, Tritium (NASDAQ: DCFC; DCFCW) designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium’s compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.

For more information, visit tritiumcharging.com

About MFG

Motor Fuel Group (MFG) is the UK’s largest independent forecourt operator. It has over 900 sites offering customers a growing dual-fuel strategy, a leading valeting offer, convenient retail and ‘food to go’ portfolio, online delivery lockers and business break areas/facilities, MFG is reported to be the fifth largest retailer by number of stores in the country.

MFG is dedicated to keeping UK motorists on the move and supporting our local communities.

More information on MFG can be found at motorfuelgroup.com