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Siemens acquires electric bus fast charging specialist

The completed acquisition gives Siemens the chance to expand its electric bus charging capabilities

Global infrastructure technology company Siemens AG has announced the completed acquisition of DC fast charging solutions business Heliox.

Headquartered in the Netherlands, Heliox employs around 330 people and is a technology leader in fast charging solutions for electric bus and truck fleets, as well as passenger vehicles.

The acquisition complements Siemens’ existing eMobility charging portfolio, adding products and solutions ranging from 40 kilowatts (kW) to megawatt charging solutions for depots and en-route charging.

Siemens says Heliox’s portfolio also extends Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics. Siemens says Heliox’s mobile, scalable and parallel charging solutions will enable Siemens to serve these markets better.

“We are witnessing unparalleled growth in the EV charging infrastructure market. DC fast charging solutions for eBus and eTruck fleets are considered the fastest growing segment here,” Siemens AG managing board member and CEO of Smart Infrastructure Matthias Rebellius says.

“With the acquisition of Heliox, Siemens eMobility is well-positioned to serve our customers worldwide.”

Next to DC fast charging solutions, Heliox offers charger monitoring and energy management services. This expands Siemens eMobility’s IoT product portfolio and strengthens its digitalisation and software offering.

Siemens says the combination of the two companies’ charging portfolios creates a strong offering for eBus and eTruck customers. Heliox is set to benefit from Siemens’ industrialisation capabilities, global sales network and infrastructure, enabling it to scale up its production and meet increasing customer demand.

Siemens eMobility is part of Siemens Smart Infrastructure. It offers IoT-enabled hardware, software and services for AC and DC charging from 11 kW to one megawatt for a broad range of applications.

Siemens acquired Heliox from private equity firm Waterland and an entity owned by a group of employees and individual shareholders.

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