With Siemens, Electrify America receive its first external investor as well as a strategic technology partner. In line with Volkswagen’s NEW AUTO strategy, this step accelerates the expansion of the public charging infrastructure in the U.S. and Canada.
The investments by Volkswagen and Siemens represent a strategic partnership for Electrify America and Siemens: first, the capital investment will support Electrify America’s accelerated growth plans through technological advancements in charging and energy solutions across public, home and commercial offerings. Second, Siemens’ investment strengthens the commitment to future collaboration between Siemens and Electrify America on technologies and services that will drive the expansion of charging solutions. As a full-service provider of e-Mobility charging infrastructure, Siemens eMobility offers the full spectrum of AC and DC charging hardware, software and services – from residential to commercial to depot applications.