In what can only be considered an “it’s about f’ing time” momement leading automotive and energy companies have reached an agreement for a standardized plug for electric cars. Some of the automakers include in that agreement are Volkswagen, BMW, Ford, General Motors, Fiat, Toyota and Mitsubishi.

The three-point, 400-volt plug, which will allow electric cars to be recharged anywhere in a matter of minutes, will be unveiled Monday at the world’s biggest industrial technology fair in Hanover, northern Germany.

No time frame for the introduction of the plug was mentioned, saying that talks between the companies were ongoing.

Energy firms signed up to the accord include Eon, Vattenfall, EDF, Npower, Endesa and Enel.

Berlin hopes that one million electric cars will be on the road by 2020. RWE and Daimler launched a pilot project in Berlin in September.