Tritium, a leader in DC fast charging technology, has partnered with City Electrical Factors (CEF), the UK’s foremost electrical distributor, to accelerate the deployment of EV infrastructure across the United Kingdom. This strategic partnership designates CEF as the exclusive distributor of Tritium’s DC fast charging solutions, leveraging CEF’s extensive network of over 390 branches to make these advanced charging technologies more accessible. By utilizing CEF’s well-established logistics and distribution capabilities, the collaboration aims to streamline access to charging stations and components, thereby supporting the UK’s transition to electric transportation. This development is expected to foster the rapid expansion of EV infrastructure, which is crucial for increasing electric vehicle adoption throughout the UK and Europe.
In other trading, Ecopro was a notable mover up 27% and finishing the session at ₩73,300. Meanwhile, QuantumScape lagged, down 13.4% to end trading at $15.46.
-
NIO settled at $6.83 up 0.1%.
-
Tesla settled at $428.75 down 1.5%.
-
BYD ended the day at HK$103.20 down 4.1%. On Wednesday, Apple announced its collaboration with BYD for the final assembly, testing, and packaging of new products in Vietnam.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources: