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SOCAR becomes partner in EVite electric charging project in Switzerland

23 November 2012 16:48 (UTC+04:00)
SOCAR becomes partner in EVite electric charging project in Switzerland

SOCAR Energy Switzerland has agreed to become one of the main partners of the EVite project of the Swiss Association eMobility, the website of SOCAR's Swiss office said on Friday.

The EVite project involves creating a charging infrastructure for electric vehicles throughout Switzerland and accelerating the electric mobility market development in that country. The project was launched in Bern on Wednesday, November 21.

According to the information, as one of the main partners of the EVite project, SOCAR Energy will actively support the construction and operation of the stations for the fast charging of electric vehicles in Switzerland.

SOCAR signed an agreement with US oil giant Exxon Mobil in November 2011 to acquire its Swiss branch Esso Schweiz GmbH. The total cost of the assets acquired by SOCAR in Switzerland is $330 million.

SOCAR has also taken over the Wangen-Olten gas station, and a number of gas stations and joint ventures specializing in aircraft fuelling at the Geneva and Zurich airports, as well as a Swiss company that controls joint ventures managing terminals and pipelines.

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