# TotalEnergies, China Three Gorges to form electric mobility venture in China
Author:  Pal Sinha,Barnali
Author URL: https://fintechherald.com/author/pal-sinha-barnali
Published: 2021-09-28
Category: Business
Category URL: https://fintechherald.com/category/business
Meta Title: TotalEnergies and China Three Gorges to Form EV Joint
Meta Description: TotalEnergies joins hands with China Three Gorges to develop EV high-power charging infrastructure in China, aligning with China's 2060 carbon neutrality
URL: https://fintechherald.com/totalenergies-china-three-gorges-to-form-electric-mobility-venture-in-china

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PARIS (Reuters) – France’s TotalEnergies said on Tuesday it 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) high-power charging infrastructure and services, TotalEnergies said.

“The joint venture’s growth perspectives are supported by China’s ambition to be carbon net neutral by 2060,” the company said in a joint statement with China Three Gorges.

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

(Reporting by Benjamin Mallet; writing by Matthieu Protard; editing by Jason Neely)


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