The Volkswagen Group has joined the electric vehicle charging (eRoaming) platform Hubject as a shareholder, according to an email sent to CleanTechnica.
The investment into the Berlin-based firm by VW Group will aid in Hubject’s internationalization and expansion, according to the email.
As some background for those unfamiliar with Hubject, the firm was founded by Daimler, BMW, Bosch, innogy, EnBW, and Siemens back in 2012. It provides an access and payment platform connected to 40,000 electric vehicle charge points worldwide.
The email provides more: “In 2013, Hubject launched ‘intercharge,’ a cross-provider and cross-border solution for charging electric vehicles through its own eRoaming platform in order to interconnect isolated solutions of the charging infrastructure. By investing in the eRoaming market leader Hubject, the Volkswagen Group is emphasizing its commitment to making e-mobility available to the mass-market and to systematically expanding the infrastructure.”
Commenting on the new investment, the Head of Group Strategy at Volkswagen, Thomas Sedran, stated: “We have set our sights on becoming a globally leading provider in the field of sustainable mobility. With our investment in Hubject we are supporting the digital transformation and making an important contribution to the transition to the era of e-mobility.”
VW Group’s investment makes for a 7-strong group of (more or less German) shareholders in Hubject. Considering the companies involved, it seems fairly likely that Hubject will factor into the recently announced plans to develop a pan-European network of electric vehicle fast charging stations by 2020.