Press release

First electric taxi to start service in Helsinki metropolitan area

05 May 2009, 10:00 EEST

Fortum Corporation and Oy Future Energy Finland Ltd Press release 5 May 2009

First electric taxi to start service in Helsinki metropolitan area              

Finland's first electric taxi will start service at the Helsinki-Vantaa airport 
on 5 May 2009. The all-electric taxi will give passengers in the Helsinki       
metropolitan area an opportunity to experience the benefits of an emissions-free
car of the future. Recharging the car with electricity produced from renewable  
energy sources also lowers the car's life-time CO2-emissions close to zero.     

In cooperation with Fortum, taxi driver Seppo Rosvall has already tested the    
suitability of an all-electric vehicle in normal taxi service. Everything has   
gone smoothly, so the decision to put the car into normal taxi service could be 
made. The taxi will use Helsinki-Vantaa airport as its base and can run about   
160 kilometres on a single charge.                                              

”A taxi typically sits idle for surprisingly long periods of time between       
customers. This makes it possible to recharge the electric car's batteries over 
the course of the day without interrupting service. So the taxi can drive as    
much as 300-500 kilometres a day; that's definitely sufficient for normal taxi  
operations”, says taxi driver Seppo Rosvall.
An electric motor is up to three times more efficient than a traditional        
combustion engine, so an electric car's emissions are considerably smaller. Also
the car's motor has virtually no sound. Electric cars are ideal in urban traffic
where distances are short and speeds are relatively low. So an electric engine  
can replace a combustion engine in situations where the combustion engine is the
most harmful to the environment.
In 2008, Fortum launched a Nordic electric car project that is bringing         
rechargeable cars and recharging posts to the streets in Espoo and Stockholm.   
”Testing electric cars in taxi traffic is part of our project to prepare the    
urban infrastructure for electric cars. According to a survey we commissioned,  
the majority of Finns believe that driving electric vehicles can reduce         
emissions and energy consumption and thereby mitigate climate change. A taxi    
ride is a good way to see how an electric car works in everyday traffic”, notes 
Carola Teir-Lehtinen, Corporate Vice President, Sustainability. 
The term electric car refers to a plug-in hybrid or an all-electric vehicle that
is recharged directly from the grid. If an electric car is recharged with       
electricity generated from renewable energy sources, driving doesn't cause any  
carbon dioxide emissions. Fortum is currently developing a recharging network to
promote the wide-scale adoption of electric cars when car manufacturers         
introduce rechargeable hybrids and all-electric vehicles to consumer markets    
within the next few years. 
Fortum Corporation                                                              
Corporate Communications 
Additional information:                                                         
Juha Matikainen, Fortum, tel. +358 50 455 7219 
Fortum is a leading energy company focusing on the Nordic countries, Russia and 
the Baltic Rim area. Activities cover the generation, distribution and sale of  
electricity and heat and the operation and maintenance of power plants. Our     
vision is to be the benchmark power and heat company excelling in               
Seppo Rosvall is an experienced taxi driver from Vantaa, Finland, and the       
Managing Director of Oy Future Energy Finland Ltd. His educational background is
in chemistry.