Siemens to buy Heliox for eBus and eTruck ultra fast charging

Siemens to buy Heliox for eBus and eTruck ultra fast charging

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By Nick Flaherty

Siemens is to acquire Heliox Energy, a Dutch developer of fast charging systems for electric bus and truck fleets.

The acquisition of Heliox will complement Siemens’ existing eMobility charging portfolio, adding products for DC fast charging focused on eBus and eTruck fleets. The value of the deal was not disclosed, but CBInsights cits the company has having raised $1.7m and being valued at $99m.  

Heliox has developed “Power Curve” technology that allows a 600 kW system to charge a bus in just 2-5 minutes. Siemens eMobility is part of Siemens Smart Infrastructure and offers IoT-enabled hardware, software and services for AC and DC charging.

Heliox’s portfolio will also extend Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics. Heliox is leading a consortium for a Dutch project for ‘Charging Energy Hubs’. This brings together 29 companies and knowledge institutions to accelerate the electrification of the logistics sector through collaboration, research and innovation. The consortium includes key players such as Shell, Prodrive, DAF, DAMEN, Scholt Energy, Firan, ElaadNL, Dynniq Energy, and TNO.

Headquartered in the Netherlands, Heliox employs around 330 people. Siemens acquires the company from private equity firm Waterland and an entity owned by a group of employees and individual shareholders. 

“This is an important milestone that adds value to our fast-growing eMobility charging business. In addition to expanding our offering, we see digitalization and software potential with regard to energy and depot management and services,” said Matthias Rebellius, member of the managing board of Siemens AG and CEO of Smart Infrastructure.

The transaction is subject to customary regulatory approval.;



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