Siemens acquires electric bus charging specialist Heliox

Date: 28.08.2023

In a bid to expand its emobility offerings, Siemens has announced a global acquisition

In global news, Siemens AG has expanded its emobility offering by signing an agreement to acquire the Netherlands-based technology fast charging company Heliox.

Siemens says the acquisition will serve its electric bus and truck fleet and passenger vehicles while allowing it to add to its existing emobility charging portfolio.

The acquisition means Siemens will add products and solutions for DC fast-charging focused on electric bus and truck fleets.

Heliox’s portfolio will also extend Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics. The transaction is subject to customary regulatory approval.

"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," Siemens AG Smart Infrastructure CEO Matthias Rebellius says.

Siemens emobility is part of Siemens Smart Infrastructure. It offers IoT-enabled hardware, software and services for AC and DC charging from 11 to 300 kW for a broad range of applications.

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.

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