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Monday, December 11, 2023

Ford and Xcel Energy will build 30,000 EV charging ports for fleet businesses

Ford is partnering with Xcel Energy to install 30,000 EV charging ports for fleet customers by 2030, at little to no cost to the businesses to the businesses themselves.

The project will be run out of Ford Pro, which is the automaker’s commercial vehicle and software division. The first EV charger installations will begin in the first quarter of 2024 in two states, Wisconsin and Colorado, and later will grow to include more states, said Amanda Rome, executive vice president and chief customer officer at Xcel Energy.

Xcel said it would absorb “most of the upfront costs” of the charging installations, with Rome predicting that customers would get “up to $150,000” in savings from the program. Ford, meanwhile, will offer a “full suite” of charging products to customers, including fleet management and software tools to help commercial fleet owners manage their charging.