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Germany's Hubject, Star Charge China sign EV charging pact
Reuters | 2018/10/2

FRANKFURT -- Germany's Hubject, which is developing a method to map and pay at electric charging stations, entered a cooperation agreement with Star Charge China.

Under the deal, Star Charge China's 20,000 charging points will be added to Hubject's network, while Hubject will support the Chinese company in entering the hotly contested market for electric-vehicle charging.

"In Star Charge, we have found the perfect partner in China who will help us to push on with our vision of customer-oriented charging in this very important market," Hubject CEO Christian Hahn said in a statement.

The deal expands Hubject's network of charging points to more than 100,000. The company last year secured funding to expand in China and the United States.

Hubject's seven owners include Volkswagen, Daimler, BMW, Siemens, Bosch, Innogy and EnBW, which are banking on a shift toward battery-powered vehicles.

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