The Australian fuel giant Ampol announced the full acquisition of Evie Networks for US$ 225 million, reinforcing its bet on the transition to electric cars.
Accelerated market growth
Electric vehicle sales in Australia hit records, rising from less than 10% to more than 25% of new registrations in just one year. The increase was driven by more affordable models and higher fuel prices due to the conflict in the Middle East.
Transaction details
With the deal, Ampol incorporates more than a thousand chargers from Evie Networks into its AmpCharge network. The result is a national platform with 1,425 charging points distributed across more than 400 locations.
The company, which operates hundreds of gas stations and the Lytton refinery in Brisbane, sees the acquisition as a way to meet the growing demand for fast infrastructure.
Infrastructure challenges
Although there are more than 1,300 public charging sites in Australia, experts warn that the pace of electric vehicle adoption outstrips network expansion. Riz Akhtar of Carloop highlights that fast-charging infrastructure is the main current bottleneck.
Leadership vision
Matt Halliday, CEO of Ampol, stated that the purchase allows the company to capture segment growth. According to him, the company must offer solutions that keep pace with customer choices, regardless of vehicle technology.
Data show that the volume of charging sessions and energy supplied on the AmpCharge network more than doubled in the first half of 2026, confirming the viability of the business.