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Chief Executive Peter Terium of German energy company Innogy on Monday said the company is in discussions with a group of carmakers to supply super-fast charging stations for electric vehicles across Europe.

Terium noted that the competition from rivals is strong so a deal is not done yet.

Carmakers Volkswagen, Daimler, Ford, and BMW are considering building about 400 next-generation charging stations in Europe that can reload an electric car in minutes instead of hours.

Reuters reported back in January that Innogy was in talks with the group.

The material has been provided by InstaForex Company – www.instaforex.com

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