Honda is to collaborate with Vattenfall to provide an electricity tariff tailored for electric vehicle owners in Europe.

In a letter of intent, the companies confirmed their intentions to jointly develop and market a flexible electricity tariff, which will allow EVs to be charged at the most cost-effective times, relative to grid demand.

The tariffs – available to owners of any brand of electric vehicle – also promote the use of electricity generated through renewable sources including hydropower and wind farms. The service will initially be available in UK and Germany in 2020, with other European countries to follow.

Vattenfall will also oversee the installation of Honda Power Charger domestic charge points, through preferred contractors in both the UK and Germany. The system consists of a charging unit which can be wall or pedestal mounted, with a maximum output of 7.4kW (single phase power supply) or 22kW (three-phase power supply).

At 22kW, Honda e owners will be able to charge to 100% capacity in 4.1 hours, assuming a 32-amp supply, faster than through a standard wall socket.

For EV users who park in on-street urban environments, customers of the new service will be able to use the ubitricity network of charging points together with its ‘smart cable’ mobile metering technology. Ubitricity has a growing network of chargers in cities throughout UK and Germany, with 1,700 in London.

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“This collaboration is a key pillar in the delivery of our energy management business for Europe,” said Honda Motor Europe Energy Management Project leader, Jorgen Pluym.

“Partnering with Vattenfall will allow us to provide EV users with cost-effective charging for their vehicle while maximising the use of renewable energy.”