Siemens is initiating self-reliance for its electric-vehicle division, known as eMobility unit.

Siemens AG, the German engineering powerhouse, has taken a significant step towards becoming a leading player in the electric vehicle (EV) market. The company has announced the acquisition of Heliox, a Dutch provider of DC fast-charging solutions, particularly for eBus and eTruck fleets.

Matthias Rebellius, a member of Siemens AG's Managing Board and CEO of Smart Infrastructure, stated that this move will accelerate profitability for the company's eMobility division. Rebellius added that 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.

The merged entities will combine Siemens' engineering experience with Heliox's innovative culture. This new setup is expected to boost profitability by focusing on high-potential business segments and strategically relevant geographies.

By 2022, Siemens had established a dedicated business unit for the eMobility sector. Currently, Siemens eMobility offers IoT-enabled hardware, software, and services for both AC and DC charging, ranging from 11 kilowatts to 1 megawatt. This wide range of offerings covers a variety of applications, positioning Siemens eMobility well to lead the way in sustainable mobility solutions.

The company has production and R&D sites across Germany, Portugal, the United States, India, and the Netherlands. Siemens initially consolidated its eMobility charging activities in 2018, and the acquisition of Heliox further strengthens its foothold in Europe and North America, enhancing its capabilities in power electronics.

Once the carve-out is complete, Siemens eMobility and Heliox will operate within a dedicated legal structure. The separated business will build on Siemens' extensive investments and market expertise. It will be well-positioned to foster new partnerships, expand sales channels, and tap into emerging end markets.

However, it remains to be seen who will replace Matthias Rebellius as a member of the Siemens AG Management Board and CEO of Smart Infrastructure after the spin-off of the eMobility business unit. The acquisition marks an exciting new chapter for Siemens in the dynamic EV market, and the company is poised to make a significant impact in the drive towards a more sustainable future.

Siemens is initiating self-reliance for its electric-vehicle division, known as eMobility unit.