Iberdrola partners with Renault to facilitate consumer access to electric vehicles.

"The automotive industry is facing multiple challenges simultaneously, with decarbonisation being one of the most significant," stated Josep María Recasens, President and General Director of Renault Group Iberia. Together with Mario Ruiz Tagle, CEO of Iberdrola Spain, he has signed a protocol under which both companies will collaborate to promote electric mobility in Spain.

The agreement includes various actions, such as offering customers who purchase a 100% electric vehicle from Renault Group (Renault, Dacia, and Alpine) up to 10,000 kilometres of free domestic charging annually for three years (30,000 in total), the installation of a Mobilize charger, competitive financing through Mobilize Financial Services, and a contract for 100% renewable electricity for the home with Iberdrola.

Additionally, to boost decarbonisation and energy efficiency in the value chain of Renault Group's Hybridisation Hub in Spain, the alliance between the two companies will drive technological innovations and advanced energy solutions, such as long-term renewable energy contracts (PPAs), renewable self-consumption, energy storage, and green hydrogen and electrification for industrial processes.

The companies will also collaborate on the development and deployment of Smart Charging technologies for optimised electric charge management, including vehicle-to-grid electricity injection or the ability to power the customer's home with vehicle energy. Customers can extend these benefits and reduce their energy bills through Iberdrola's Advanced Smart Assistant (ASA), which promotes intelligent vehicle charging, adapting to the type of home and the characteristics of the electrical system.

Furthermore, synergies will be sought in the area of charging, both at Renault Group facilities and for its customers, especially the Mobilize brand, as well as collaboration between the two companies for the installation of domestic charging points for customers.

During the event, Recasens stated, "From the manufacturer's perspective, we are working to break down the barriers to electric vehicle entry by optimising charging point infrastructure, improving range, and lowering the price of electric vehicles to make it the dominant technology on a large scale."

Meanwhile, Mario Ruiz-Tagle, CEO of Iberdrola Spain, highlighted that this agreement demonstrates both companies' "total commitment to the electrification of mobility, which is key to our energy autonomy and economic development. Together, we have ensured that the electric vehicle has become a reality worldwide."

Iberdrola, with over 10 million electricity contracts and a leading position in public and private charging in Spain, and Renault Group, with a sales volume of 155,000 vehicles sold in the country last year, thus sign the first agreement of its kind between an energy company and an automotive manufacturer in Spain.