Siemens Acquires Heliox, Specialist in eBus, eTruck Fast Charging Solutions

ZUG, Switzerland, Jan 11, 2024 – Siemens AG has completed the acquisition of Heliox, a technology leader in DC fast charging solutions, serving eBus and eTruck fleets and passenger vehicles. Headquartered in the Netherlands, Heliox employs approximately 330 people.

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

Matthias Rebellius, CEO of Smart Infrastructure and member of the Managing Board of Siemens AG said: “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. 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 digitalization and software offering.

The combination of the two companies’ charging portfolios creates a strong offering for eBus and eTruck customers. Heliox is set to benefit from Siemens’ industrialization 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 1 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.

About Siemens AG

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.

In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.

About Siemens Smart Infrastructure

Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings, and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions, and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland. As of September 30, 2023, the business had around 75,000 employees worldwide.

About Heliox

Heliox provides world class smart energy management solutions that are tailored and scalable within a fast changing e-mobility landscape. We are working towards a sustainable world where a seamless charging experience is the standard for every electric vehicle, and this transforms the way we power our everyday. Further information is available on the Internet at www.heliox-energy.com.