You heard it first at the Phillips 66 Power Ahead Conference, but we signed a letter of intent with FreeWire Technologies in support of our first electric-vehicle charging program in the United States.
This announcement highlights Phillips 66’s commitment to pursue lower-carbon solutions that help keep your business ahead of the changing energy landscape. As we make strides to give your consumers more energy options, we are looking to FreeWire’s ultrafast, 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.
“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.”
We want to ensure this addition to your site brings a high rate of return for your business. FreeWire’s Boost Charger offers an attractive alternative to costly and time-intensive upgrades to the electrical grid and power infrastructure of an individual site. Connecting to existing infrastructure without burdensome construction costs and permitting restraints for you, FreeWire proves to be a positive addition to your business from conception to implementation.
“We like battery-enabled chargers for many reasons. They reduce operational costs by charging up the battery when power is cheaper but still provide capacity to give customers a rapid charge,” said Lou Burke, manager of branded sales at Phillips 66.
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, making sure they’re delivered to you before the competition can get in on the action.
“We’re tremendously thankful to the Phillips 66 team for trusting in our technology and execution as they make this important step toward electrification,” said Sosinov.
FreeWire’s Boost Charger was recently showcased as a finalist in Fast Company’s 2022 World Changing Ideas Awards’ Transportation Category. In April, FreeWire raised an additional $125 million in new capital from investors including asset manager BlackRock, Inc.
Contact your sales representative if you are interested in being on the forefront of our next step into the future.
