Oil refining, pipeline and refined products marketing firm Phillips 66 signed a letter of intent with FreeWire Technologies in support of its first electric-vehicle charging program in the United States, the two companies announced this week.
The announcement focuses on Phillips 66’s commitment to pursue lower-carbon solutions and comes as an endorsement of FreeWire’s battery-integrated charging technology. The two companies will explore opportunities to deploy FreeWire’s technology within Phillips 66’s U.S. fueling stations and other strategic locations.
“With EV adoption growing, Phillips 66 is working with FreeWire to bring consumers electric fueling stations that meet their expectations for high-speed, on-the-go charging,” said Pam McGinnis, Vice President, Global Marketing at Phillips 66.
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FreeWire joined Phillips 66 at its branded marketer conference in Las Vegas this week to showcase the agreement. Phillips 66 plans to expand its base of electric fueling stations by leveraging its retail network of approximately 7,000 U.S. sites using the Phillips 66®, 76® and Conoco® brands.
“We are thrilled to play a leading role in Phillips 66’s electrification plans that unlock new customer relationships with EV drivers,” said Arcady Sosinov, FreeWire Founder and CEO. “As charging demand continues to surge, our battery-integrated chargers offer the streamlined, shovel-ready solution that many entering the EV charging space are looking for.”
FreeWire recently launched its new global headquarters, R&D and manufacturing facility in Newark, California. The company’s new 66,000-square-foot facility aims to accelerate the development and introduction of ultrafast charging and energy storage solutions.