ALTEO and AutoWallis Coordinate E-mobility Services

ALTEO and AutoWallis have signed a strategic cooperation agreement to coordinate their e-mobility services in the future. The agreement between the two companiesis based on their commitment to sustainable and transparent operations and the transition to a green economy. The agreement also covers the sale of innovative energy solutions for charging e-cars.

The cooperation agreement between the two companies, which are listed in the Premium category of the Budapest Stock Exchange, will further strengthen the spread of electric car use in Hungary and green mobility services in general. ALTEO and AutoWallis will also support the development of the market by developing charging infrastructure and further strengthening the distribution of e-cars.

While nearly 50% more electric vehicles were registered in Hungary in the first half of this year than in the same period last year, experts say that this growth should be followed by an increase in the charging infrastructure. "E-mobility is becoming part of our everyday lives and vehicle charging is increasingly linked to investments in sustainability and energy efficiency," Dénes Novotny, head of ALTEO's e-mobility business said. According to the expert, charging at home and at work is the most convenient way to charge vehicles, but it can only be truly cost-effective if charging equipment is deployed as part of a sustainable solution. ALTEO's stand-alone charging equipment operation and e-mobility services business, ALTE-GO, offers sustainable solutions for the construction and operation of electric charging equipment, covering the full range of services required for e-mobility.