Siemens reported that it will separate its electric vehicles and charging infrastructure business from the group’s main parent company, claiming in a statement that the operation will accelerate value creation, boost growth and encourage the management of new alliances with other companies.
In the statement reviewed in El Periódico de la Energía, it is detailed that Siemens’ electric mobility unit will be more agile and will have greater freedom to define its focus areas based on the strengths of the business.
This was stated by the head of Siemens’ intelligent infrastructure business, Matthias Rebellius, to specify that the business will have a good base position for building a new customer base.
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Focus on Electric Mobility
Together with the recently acquired Heliox, a specialist in DC fast charging solutions for electric buses and trucks, Siemens will merge the spun-off unit in order to bring its charging activities under one umbrella.
Without giving further details about the future, Siemens has highlighted in the statement the manufacturing capacity of its intelligent mobility unit with hardware, software and car charging services with production, research and development centers in Germany, Portugal, the United States, India and the Netherlands.
In this context, in May Siemens agreed to sell its heavy electric motors unit, Innomotics, to KPS Capital Partners for 3.5 billion euros, and in recent years, it spun off and listed separately its medical equipment business, Siemens Healthineers, and its energy division, Siemens Energy.
