EV Connect, a Californian EV charging solution provider, has been been acquired by Schneider Electric – an energy management and digital automation multinational.
Through the acquisition, Schneider Electric hopes to ultimately accelerate its growth. Along with its current management team, EV Connect’s CEO and founder Jordan Ramer will continue to lead the company’s operations as a distinct subsidiary. These operations will continue to focus on customer service and fulfilling the company’s overall mission. Ramer himself expects the new partnership to strengthen EV Connect’s presence in the EV market.
Schneider Electric’s acquisition follows EV Connect’s announcement to expand into Canada, having opened its first office in Toronto.