Siemens initially consolidated its eMobility charging activities in 2018, and by 2022, it had established a dedicated business unit to focus on this sector.
Now, it has announced plans to carve out its electric mobility business
The separation will enable the company to become a more agile and focused player, capitalising on opportunities in the dynamic electric vehicle (EV) market.
With a strong technological foundation and an expanding product portfolio, the business is set to build on Siemens’ extensive investments and market expertise.
A key component of this strategy has been the acquisition of Heliox, a leading provider of DC fast-charging solutions, particularly for eBus and eTruck fleets.
The acquisition strengthens Siemens’ foothold in Europe and North America and enhances its capabilities in power electronics.
Once the carve-out is complete, Siemens eMobility and Heliox will operate within a dedicated legal structure, merging Siemens’ engineering experience with Heliox’s innovative culture.
The new setup is expected to boost profitability by enabling the German company to concentrate on high-growth segments and geographies.
The business will also be well-positioned to foster new partnerships, expand sales channels, and tap into emerging end markets.
Matthias Rebellius, Member of the Managing Board of Siemens AG and CEO of Smart Infrastructure, stated:
“The new setup of eMobility will accelerate profitability by focusing on high-potential business segments and strategically relevant geographies.”
“Building up charging infrastructure for electric vehicles is crucial to achieving the electrification of transport, a key component in the goal to reach net zero by 2050,” he adds.
Siemens eMobility currently offers IoT-enabled hardware, software, and services for both AC and DC charging, ranging from 11 kilowatts to 1 megawatt, covering a wide range of applications.
With production and R&D sites across Germany, Portugal, the United States, India, and the Netherlands, the company is well-positioned to lead the way in sustainable mobility solutions.
