TotalEnergies inks EV venture with China Three Gorges in China

Ubitricity EV charging

France’s TotalEnergies has signed an agreement with China Three Gorges Corporation to establish a joint venture in electric mobility in China.

The venture will develop electric vehicle (EV) charging infrastructure and services, TotalEnergies said.

TotalEnergies said on Monday that global oil demand was expected to peak before 2030, earlier than previously projected.