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Statkraft to expand electric vehicle charging in Germany and Britain

The electric vehicle (EV) charging business is a growing market for utilities and Nordic competitors Fortum and Vattenfall have boosted their presence with several acquisitions and cooperation across Europe.

“We are looking at EV charging companies in Germany and we are also looking at the UK for EV charging cooperations,” Statkraft’s CEO Christian Rynning-Tonnesen said.

The need for more charging stations is growing as car makers introduce a greater variety of plug-in electric and hybrid models.

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