The initiative is part of the NEXT-E project, co-financed by the EU via the Connecting Europe Facility (CEF). Under the project, E.ON Energie Romania committed to install 19 fast-charging stations and MOL was to install 21 others.
In July 2017, NEXT-E was selected by the European Commission for co-financing. The NEXT-E consortium is set to receive EUR18.84 million to install 222 multi-standard fast charging stations (50 kW) and 30 ultra-fast charging stations (150-350 kW) by 2020 along the main European transport corridors and the trans-European transport network.
The consortium consists of companies part of E.ON Group (Zapadoslovenská energetika in Slovakia, E.ON Czech Republic, E.ON Hungary, E.ON Romania), MOL Group (with six subsidiaries in participating countries), Hrvatska elektroprivreda in Croatia, PETROL (in Slovenia and Croatia), Nissan and BMW.