September 12, 2018 - 8:30 AM EDT
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Leclanché selected by EV Network in the UK as partner of choice for the development of Ultra-Fast Electric Vehicle Charging Stations

YVERDON-LES-BAINS, Switzerland and BIRMINGHAM, England and DALLAS, Sept. 12, 2018 /PRNewswire/ -- Leclanché SA (SIX: LECN), one of the world's leading energy storage solutions providers, has been selected as EV Network's (EVN) partner of choice for this ground-breaking UK based project. The EVN, the UK's pioneering EV charging station development company today announced its plan to develop ultra-fast charging stations for electric cars across the UK at the UK's Zero Emissions Vehicle Summit, which was headlined by Prime Minister Theresa May.

Leclanche logo (PRNewsfoto/Leclanche)

EVN's charging stations, which follow the existing "petrol station format," will have charging stations country wide, offering car owners ultra-fast charging capabilities. The increased availability of fast charging stations will increase the rate of adoption of EV. Access to charging stations and the speed at which cars can be charged are at the heart of EV Network's model. Over the last 12 months, The EV Network has been securing prime locations across the UK and signing strategic partnerships with leading companies including leading EV charging station operators like ESB and Leclanché S.A. EVN is planning to replicate this model outside the UK from 2019.

The UK Government's International Trade Secretary Liam Fox MP said: "The UK is already a world leader in electric vehicle technology and the partnership between the EV Network and Leclanché will reinforce the UK's position in this exciting sector. My international economic department works closely with global investors to maintain the UK's position as Europe's premier investment destination and this move is an example of how international partners can come together to deliver for Britain."

Anil Srivastava, CEO of Leclanché, said"The UK has one of the most advanced EV markets in the world and will continue to lead the way thanks to the policies introduced by the British Government to support the decarbonisation of the UK transport system. Our partnership with the EV Network to deliver battery storage solutions across the UK is a significant step to help accelerate the UK's transition towards cleaner transport."  

"Building on the announcement of this very exciting partnership with EVN, Leclanché is looking forward to making further announcements in due course regarding our expansion in the UK market as we continue to make important progress with UK based strategic partners who are also extremely committed to the electrification of transport."

Reza Shaybani co-founder of The EV Network said: "We are delighted to announce the launch of EVN in the UK. The existing EV charging infrastructure is not ready for the mass uptake of EVs that we are going to witness over the next 10 to 20 years. What we need to do is try to get as close to the petrol station model that consumers have grown so accustomed to and replicate that for EV charging. As well as offering consumers a convenient place to charge their cars, the speed of charging will be the fastest available thanks to our exclusive partnership with key technology leaders including Leclanché, the world leading battery and energy storage company whose best in class transport charging solutions are being adopted across marine, consumer, busses and other forms of public transport worldwide. As part of our future plans we will also be establishing an EV charging Centre of Excellence in the UK sharing our knowledge and expertise in the sector".

About Leclanché 

Headquartered in Switzerland, Leclanché SA is a leading provider of high quality energy storage solutions designed to accelerate our progress towards a clean energy future.

Leclanché's heritage is rooted in over 100 years of battery and energy storage innovation and the Company is a trusted provider of energy storage solutions globally. This coupled with the Company's culture of German engineering and Swiss precision and quality, continues to make Leclanché the partner of choice for both disruptors, established companies and governments who are pioneering positive changes in how energy is produced, distributed and consumed around the world.

The energy transition is being driven primarily by changes in the management of our electricity networks and the electrification of transport, and these two end markets form the backbone of our strategy and business model. Leclanché is at the heart of the convergence of the electrification of transport and the changes in the distribution network. Leclanché is the only listed pure play energy storage company in the world, organised along three business units: stationary storage solutions, e-transport solutions and specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN). 

SIX Swiss Exchange: Börsenkürzel LECN | ISIN CH 011 030 311 9

About The EV Network

The EV Network is developing the necessary infrastructure to build a network of EV charging stations where all makes and models of EVs can charge. Utilising power from 100% renewable sources, battery storage and smart technologies will enable us to charge EVs in the shortest possible time, offering a truly GREEN mobility solution. The EV Network provides a turnkey solution to EV charging operators through a range of services, helping to put your business at the forefront of e-mobility. For a more detailed overview about what we can offer you, take a look at our website.

Disclaimer

This press release contains forward-looking statements relating to Leclanché's activities that can be identified by the use of terms such as "strategic", "propose", "launch", "wish", "planned", "expected", "expected", "commitment", "expect", "decide", "prepare", "forecast", "estimate", "aim", "go", "potential", "hope" and "estimate", "proposal" or similar expressions or through expressed or implied discussions regarding the extension of Leclanché's production capacity, potential applications for existing products or in relation to potential future sales from such products or future sales or potential future revenues of Leclanché or any of its business units.

You should not rely in any way on these statements. Such forward-looking statements reflect Leclanché's current views with respect to future events and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché's products will generate specific levels of revenue. Nor can it be guaranteed that Leclanché or any of its business units will generate any financial results.

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Background notes:

UK Government's plans for the UK to become world leader in low emission tech announced on 11th of September at the Zero Emissions Vehicle Summit:

https://www.gov.uk/government/news/pm-unveils-plans-for-uk-to-become-world-leader-in-low-emission-tech

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SOURCE Leclanche


Source: PR Newswire (September 12, 2018 - 8:30 AM EDT)

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