05.12.2023 15:16:05 - dpa-AFX: Ford Pro, Xcel Energy Aim To Install 30,000 EV Charging Ports By 2030 For Business Fleets

DEARBORN (dpa-AFX) - Ford Pro, the commercial division within Ford Motor Co.
(F), and clean energy company Xcel Energy, Inc. (XEL), announced Tuesday a
unique collaboration to support the deployment of 30,000 electric vehicle (EV)
charging ports in Xcel Energy service territories across the U.S. by 2030.

Ford Pro and Xcel Energy are launching the 30x30 initiative within Xcel Energy's
broader Electric Vehicle Supply Infrastructure (EVSI) program to scale EV
adoption and increase access to charging infrastructure for business fleets.

Through the program, most upfront costs for EV charging equipment and
installation for businesses will be offset by Xcel Energy. Ford Pro will offer
its suite of end-to-end charging solutions to Xcel Energy business customers as
part of the effort.

Starting in 2024, 30x30 will be available through Xcel Energy's EVSI program in
Colorado and Wisconsin. The program will be expanded to other states over the
next six years within Xcel Energy's service territories, pending regulatory
approvals, including Michigan, Minnesota, New Mexico, North Dakota, South Dakota
and Texas.

Xcel Energy will install the charging infrastructure for business customers,
while Ford Pro will provide Ford Pro Charging equipment and post-installation
customer service and support. Business fleets can also benefit from Ford Pro
Intelligence, which offers smart charging software and connected solutions like
Ford Pro Telematics.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
FORD MOTOR DL-,01 502391 Frankfurt 11,090 24.05.24 21:49:17 +0,042 +0,38% 0,000 0,000 11,100 11,048
XCEL ENERGY DL 2,50 855009 Frankfurt 50,000 24.05.24 15:33:31 -1,050 -2,06% 0,000 0,000 50,000 51,050

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