Phillips 66 and FreeWire Technologies Bring Ultrafast Charging to EV Drivers

Phillips 66 debuts EV charging program in the U.S. with installation of first ultrafast chargers at a Houston fuel station

HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced the installation of FreeWire ultrafast electric-vehicle chargers at its flagship fuel station near its headquarters in Houston, marking the debut of ultrafast EV charging at a convenience fuel station in the city.

Phillips 66 and FreeWire unveiled plans earlier this year to deploy FreeWire’s ultrafast, battery-integrated technology to meet the growing demand from EV drivers for high-speed, on-the-go charging. Phillips 66 will leverage its network of approximately 7,000 Phillips 66®, Conoco® and 76® branded U.S. sites and other strategic locations. The chargers are the first commissioned FreeWire chargers in Texas.

The introduction of the EV chargers reflects Phillips 66’s commitment to working to meet the world’s growing energy needs while reducing its environmental footprint. The company has focused its Emerging Energy and Sustainability business strategy on four pillars: renewable fuels, batteries, carbon capture and hydrogen.

The installation of the first FreeWire EV chargers at our Phillips 66 flagship fuel station represents an important step in our EV charging journey as well as our commitment to pursue lower-carbon solutions,” said Rod Palmer, Vice President of U.S. Marketing at Phillips 66. “FreeWire’s charger offers consumers the fast-charging experience they’re looking for, and Phillips 66’s branded network of fueling locations places the chargers at existing, strategically located sites.”

FreeWire’s Boost Charger is a more convenient option for sites looking to enter the EV charging space. It connects to existing infrastructure without burdensome construction costs and permitting restraints. The battery charges at off-peak times when power is cheaper, reducing operational costs for the site, while still providing the needed capacity to give consumers a rapid charge.

We are excited to mark this milestone with Phillips 66 and to make our fast-charging solution available to more EV drivers,” said Arcady Sosinov, FreeWire Founder and CEO. “As charging demand continues to surge, our battery-integrated chargers offer the streamlined, shovel-ready solution that many entering the EV charging space are looking for.”

About Phillips 66

Phillips 66 (NYSE: PSX) manufactures, transports and markets products that drive the global economy. The diversified energy company’s portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn or Twitter.

About FreeWire Technologies

Founded in 2014, FreeWire Technologies is the leading manufacturer of battery-integrated EV charging stations and power solutions in the U.S. The Company’s fully-integrated Boost ChargerTM plugs into existing and ubiquitous low-voltage utility service and delivers high-power charging in areas that typically require extensive grid upgrades. The Boost Charger’s combination of proprietary battery and power conversion technology enables ultrafast EV charging at all locations, freeing customers from the costs of providing fast charging using power directly from the electric grid. FreeWire has deployed battery-integrated chargers with Fortune 100 companies, commercial customers, fleets, retail locations, and gas stations across the U.S. and has partnered with bp pulse to deploy Boost Charger in its operations across the UK.

Contacts

Phillips 66:
Jeff Dietert (investors)

832-765-2297

jeff.dietert@p66.com

Shannon Holy (investors)

832-765-2297

shannon.m.holy@p66.com

Thaddeus Herrick (media)

855-841-2368

thaddeus.f.herrick@p66.com

FreeWire:
Connor Botkin

(435) 565-0937

cbotkin@freewiretech.com

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