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Volkswagen invests in charging tech firm Hubject

Automaker said the move emphasises its commitment to making e-mobility available to the mass-market

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There are around 40,000 Hubject charge points across three continents
There are around 40,000 Hubject charge points across three continents

The Volkswagen Group has signed up to the eRoaming platform Hubject as a shareholder and plans to push ahead with the digital interconnection of charging stations for electric vehicles (EV), starting in early 2017.

 

The investment in the Berlin-based company will help with its internationalisation and expansion, the automaker said in a statement.

 

Hubject, founded in 2012 by BMW, Bosch, Daimler, EnBW, innogy and Siemens, provides EV drivers with access to charging stations as well as payment solutions. Almost 40,000 charge points on three continents are already available on this platform.

 

“We have set our sights on becoming a globally leading provider in the field of sustainable mobility,” said Thomas Sedran, head of group strategy at Volkswagen. “With our investment in Hubject, we are supporting the digital transformation and making an important contribution to the transition to the era of e-mobility.”

 

As part of its “TOGETHER – Strategy 2025” programme, Volkswagen Group said it plans to introduce 30 new electric vehicles by 2025.

 

In 2013, Hubject launched “intercharge”, a cross-provider and cross-border solution for charging electric vehicles through its own eRoaming platform in order to interconnect isolated solutions of the charging infrastructure. By investing in the eRoaming market leader Hubject, the Volkswagen Group said it is emphasising its commitment to making e-mobility available to the mass-market and to systematically expanding the infrastructure.

 

“Charging must become more customer-friendly if electric cars are to make the breakthrough and catch on quicker,” said Thomas Daiber, joint CEO of Hubject. “Together with our new shareholder we will be working at top speed to push forward with interconnecting the charging infrastructure.”

 

“We now have seven strong shareholders from three sectors of industry, which gives us the ideal basis for systematically pursuing our growth course in e-mobility,” added Christian Hahn, joint CEO of Hubject. “We are excited about this future-oriented collaboration together with the Volkswagen Group. And we remain open to welcoming further new international shareholders in the future.”

 

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