(PRESS RELEASE) ROME/ LONDON, 17-Jun-2022 — /EuropaWire/ — Enel S.p.A. (BIT: ENEL), an Italian multinational manufacturer and distributor of electricity and gas, has announced that Enel X, its innovation and digital arm, will be partnering with Arrival (NASDAQ: ARVL), pioneer of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, over the electrification of the public transport globally. To this extend, the two companies will be conducting tests of a zero-emission battery electric bus in Italy with the aim of fostering the growth of electrified public transport globally through increasingly high-performance and competitive solutions. The planned tests will be carried out by Enel X on the basis of an analysis matrix developed in-house, to look at all the main features of the Arrival bus. The tests will be carried out in Italy, at the Vallelunga circuit, where Enel X Way’s advanced charging services and solutions will also be used to charge the vehicles. The success of these tests will be a key building block for Enel to include the Arrival Bus within its portfolio of global electrification solutions.
“The partnership with Arrival is another important step towards achieving our goals of electrifying public transport globally. Public transport authorities face significant challenges in making cities smarter and more sustainable, and by offering our public transport solutions together with our many years of global experience, we want to give solid support to make this a reality,” said Francesco Venturini, CEO of Enel X. “Arrival buses look very promising. They are a technologically advanced means of transport that, if integrated within our value offer, can potentially provide operators and end users with the best possible customer experience.”
“We are very excited to partner with Enel X and Enel X Way to assist bus operators and cities around the world as they accelerate the transition to electric vehicles, bringing cleaner air to our cities,” said Avinash Rugoobur, President of Arrival. “Our electric bus aims to set new standards in passenger experience while reducing costs for operators. By manufacturing our vehicles in local micro-factories, we are fostering a global green transition that is fair, bringing jobs to local communities, using local suppliers and building vehicles designed for local markets.”
The partnership will enable Enel X to strengthen its offering to public transport authorities globally, providing a major boost to reach Enel’s target of more than 20,000 electric buses served by 2030. Today, Enel X is the world’s largest supplier of e-bus solutions outside China. It currently operates more than 3,200 e-Buses globally. Enel X’s e-bus solution is modular and customizable to the customer’s specific needs and is offered through different business models that include, among others, leasing options. It includes a wide variety of products and services, including a complete end-to-end turnkey service (“e-Bus as a Service”). The complete turnkey solution can include: comprehensive design support, vehicles, financing options, battery leasing (“Battery as a Service”), customized management system platforms (including smart charging software developed in-house), charging infrastructure solutions provided by Enel X Way, depot construction, renewable energy sources, virtual power plant integration, including demand response schemes and smart mobility services.
Arrival recently achieved a key milestone of EU certification and received European Whole Vehicle Type Approval (EUWVTA) marking a critical step towards Arrival Buses carrying passengers on public roads in the UK and Europe. The demand for zero-emission technology is growing globally, driven by consumers, governments and investors. The company wants to power a green transition and make its cities better places to live, by developing truly sustainable and equitable mobility ecosystems, creating clean air for communities all over the world.
Enel X Global Retail is the Enel Group’s global business line that offers services to accelerate innovation and drive the energy transition. World leader in the sector of advanced energy solutions, Enel X Global Retail manages services such as demand response for approximately 6.6 GW of total capacity globally and 59 MW of behind-the-meter storage capacity installed worldwide. Through its advanced solutions, including energy management and financial services, Enel X Global Retail provides each partner with an intuitive and personalized ecosystem of technological platforms and consulting services, focused on the principles of sustainability and the circular economy in order to provide people, communities, institutions and companies with an alternative model that respects the environment and integrates technological innovation into daily life. Each solution has the power to transform the goals of decarbonization, electrification and digitalization into sustainable actions for all, in order to build a more sustainable and efficient world together.
Enel X Way is the Enel Group’s new global business line entirely dedicated to electric mobility. Currently, Enel X Way manages nearly 350,000 charging points, both directly and through interoperability agreements in place around the world. As a global platform for e-Mobility, the company is focused on developing flexible charging technologies and solutions to improve the customer experience by supporting the electrification of transport for consumers, businesses, cities and public administrations.
Arrival was founded in 2015 with a mission to make air clean by replacing all vehicles with equitable electric solutions – produced by local Microfactories. Six years and over 2,000 people later, we are driving the transition to EVs globally by creating products that are zero-emission, more desirable, more sustainable and more equitable than ever before. Our in-house technologies enable our radical new method of design and production using rapidly-scalable, local Microfactories around the world. This method facilitates cities and governments in achieving their sustainability goals whilst also supercharging their communities. We are a technology company, a product company, a supply chain company, an automotive company, a mobility company, a fintech company and a service company – all rolled into one with a shared goal of true sustainability. This vertically integrated business model is how we can have the radical impact our world needs today. Arrival (NASDAQ: ARVL) is a joint stock company governed by Luxembourg law.
Media contacts:
Enel X
News Media Italy
T +39 06 8305 5699
ufficiostampa@enel.com
gnm@enel.com
enelx.com
Arrival
Media
pr@arrival.com
Investors
ir@arrival.com
SOURCE: Enel Spa
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