Renault chooses Fortum Charge & Drive charging solution for Norway

Fortum and Renault have entered into a cooperation agreement regarding charging
infrastructure in Norway, thus expanding the Charge & Drive network to around
500 smart charging stations in the Nordic countries in the coming nine months.
By choosing Charge & Drive, the leading smart charging system, Renault will
provide its customers with an easy and convenient solution for electric
vehicles (EVs). Every Renault ZOE also comes with a 12-month charge-for-free
offer.

“The fact that Renault along with other top-tier automakers and businesses
choose to cooperate with Fortum in the Norwegian market is the best testimonial
for our Charge & Drive platform. We are dedicated to making it easy and
convenient to charge electric vehicles. With this new cooperation agreement, we
are pleased to be providing EV drivers and businesses with even more public
chargers,” says Jan Haugen Ihle, Country Manager for Fortum Charge & Drive
Norway.

The agreement covers 100 charging stations, of which the majority will be 22-kW
fast chargers to be placed in strategic and relevant locations. Fortum will be
responsible for the customer offerings, system solutions, installation and
servicing of the chargers.

“We were interested in finding a partner who had a clear idea about how a
network of fast chargers could be established and operated to support Renault’s
strategy,” says Anders Gadsbøll, Managing Director, Renault Norway. “Fortum
Charge & Drive has a high professional standard, is highly recognised in the
business, and could add their existing network of 22-kW fast chargers to the
offer, so the choice was easy.”

Backed by more than ten years’ experience in developing charging solutions for
electric vehicles, Fortum’s Charge & Drive is today the market’s leading
business system for charging station operations. It is a platform that is
offered as a service for any operator wanting to expand step-by-step with its
“pay as you grow” business model.

“Charge & Drive helps anyone who wants to offer charging services by getting
their stations connected to a platform with access to all the functionalities
that we offer for the highly competitive Norwegian EV market. You start with
the basic functionalities and later add more advanced services when needed,”
says Markus Hökfelt, Head of Fortum Charge & Drive Nordic.

The Charge & Drive network is operating in Norway, Sweden and Finland. Today 75
rapid chargers connect the Norwegian capital and by the second quarter of next
year the network will consist of more than 145 stations. In total, the network
in the Nordic countries is growing from around 250 to 500 connected smart
chargers by the second quarter of 2015.


Fortum Corporation
Corporate Communications

Fortum Charge & Drive
Fortum Charge & Drive is a complete, cloud-based business system for all the
processes needed to operate charging stations for electric vehicles. The
business system is based on an open and stand-ardised architecture, which
enables us to cooperate with the best hardware suppliers on the market.

Fortum
Fortum’s purpose is to create energy that improves life for present and future
generations. Catering to the versatile needs of our customers, we generate,
distribute and sell electricity and heat, and offer related expert services.
Our operations focus on the Nordic and Baltic countries, Russia and Poland. In
2013, Fortum’s sales totalled EUR 6.1 billion and comparable operating profit
was EUR 1.6 billion. We employ approximately 8,800 people. Fortum’s shares are
traded on the NASDAQ OMX Helsinki. www.fortum.com