BERLIN, Siemens intends to seize its electric vehicle (EV) charging corporation. “Siemens eMobility, to unfurl chances for more hike,” the German conglomerate said.
According to Siemens, the carve-out would unite their newly purchased DC fast-charging solutions expert Heliox with Siemens eMobility.
Matthias Rebellius, management board member of Siemens AG, added, “The new setup of eMobility will let the business to boost profitability by emphasizing on high potential business categories and strategically relevant geographies.”