Fisker Affirms Commitment to Renewable Energy Use With European Public Charging Partner Allego

Fisker Inc. (NYSE: FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, reaffirms its commitment to sustainability through its renewable-energy charging partnership with Allego B.V. ("Allego").

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230517005219/en/

Fisker Inc., driven by a mission to create the world's most emotional and sustainable electric vehicles, reaffirms its commitment to sustainability through its renewable-energy charging partnership with Allego B.V. Fisker Ocean drivers can charge their EVs with 100 percent renewable energy in Europe through Fisker's partnership with Allego. Recognizing that use of renewable energy significantly reduces CO2 footprint over a vehicle's lifetime, Fisker prioritizes "green charging" operators that power their public charging networks with renewable energy. Preferred energy sources are: Solar, Wind, Hydro (small hydro preferred), Geothermal, Ocean movement, Hydrogen and Biomass (from renewable feedstock). Photo credit: Fisker

Fisker Ocean drivers can charge their EVs with 100 percent renewable energy in Europe through Fisker's partnership with Allego. Recognizing that use of renewable energy significantly reduces CO₂ footprint over a vehicle's lifetime, Fisker prioritizes "green charging" operators that power their public charging networks with renewable energy. Preferred energy sources are: Solar, Wind, Hydro (small hydro preferred), Geothermal, Ocean movement, Hydrogen and Biomass (from renewable feedstock). By using green charging, Fisker estimates a 40% or more reduction in CO₂ footprint during an EV's use phase¹.

"Charging matters: it's a significant part of an EV's carbon footprint over its life cycle. Customers are placing greater importance on the sources of electricity they use to charge their EVs, and Fisker will continue to lead the industry in ESG practices and give customers the most sustainable choices," Chairman and CEO Henrik Fisker said. “We challenge brands in all industries to do the same to help provide a clean future for all."

Fisker partners with Allego, a leading pan-European EV charging network, to provide Fisker Ocean drivers in Europe easy access to renewable-energy charging at all Allego charge points. Every kWh supplied by Allego's charging stations is 100 percent renewable, certified by Guarantee of Origin Certificates (GOs). Through its energy platform, Allego powers its chargers with renewables generated from wind or PV (photovoltaic) farms with long term power purchase agreements.