Siemens to Acquire Provider of EV Charging Products for Buses & Trucks

Siemens AG signed an agreement to acquire Heliox, a Netherlands-based technology leader in fast charging solutions for e-bus and e-truck fleets and passenger vehicles. The acquisition will complement Siemens’ existing eMobility charging portfolio, adding products and solutions for DC fast charging focused on e-bus and e-truck fleets. Heliox’s portfolio will also extend Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics.

“This is an important milestone that adds value to our fast-growing eMobility charging business. In addition to expanding our offering, we see digitalization and software potential with regard to energy and depot management and services,” said Matthias Rebellius, member of the managing board of Siemens AG and chief executive officer of Smart Infrastructure, in the press release.

Siemens eMobility is part of Siemens Smart Infrastructure. It offers IoT-enabled hardware, software and services for AC and DC charging from 11kW to 300kW for a broad range of applications. Heliox employs approximately 330 people. Siemens acquires the company from private equity firm Waterland and an entity owned by a group of employees and individual shareholders.