Innogy EV charging point | Credit: Innogy
German energy giant announces new plans to become ‘leading solution provider’ for EV charging infrastructure across Europe and US
Innogy, German energy giant RWE’s renewables business, has this week announced plans to enter the EV market with a new business unit to roll out EV charging infrastructure across Europe and the US.
Innogy already operates a large charging network across Europe and develops new charging technology. With the launch of eMobility it plans to pool these activities into a dedicated business unit that will focus on developing a network of fast charging stations, creating tailored solutions for companies and designing new retail products such as eCar sharing, it said.
The new unit will launch next year under the responsibility of Martin Hermann, Innogy’s chief operating officer for Retail. “Electric mobility is an incredibly important market for Innogy,” he said in a statement. “And as a spirit of new beginnings is in the air, it’s the perfect time to address this topic: governments and corporations worldwide are making important decisions for the future. By establishing the new eMobility business unit, we can start to react even faster and better to the rapid changes on this future market.”
It follows the announcement earlier this month from BMW Group, Daimler, Ford Motor Company and Volkswagen Group revealing the carmakers’ plans to jointly fund a network of ultrafast charging points across Europe.
Innogy chief executive Peter Terium said the carmakers’ initiative is an “excellent idea” that Innogy will support through “state of the art” solutions and systems. “In this way, we can drive forward electric mobility in Germany and throughout Europe,” he added. “We have been in close contact with the automotive industry and other partners for a long time now in this regard.”