VWG invest in Hubject charging

The Volkswagen Group has joined the eRoaming platform Hubject GmbH as a shareholder.

Hubject, founded in 2012 by BMW, Bosch, Daimler, EnBW, innogy and Siemens, provides EV drivers with easy access to charging stations as well as payment solutions. Almost 40,000 charge points on three continents are already available on this platform.

With the strategic investment in the Berlin- based company, Europe’s largest car maker will push ahead with the digital interconnection of charging stations for electric vehicles starting in early 2017 as well as the expansion and internationalisation of Hubject GmbH together with the founding shareholders.

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 emphasising its commitment to making e-mobility available to the mass-market and to systematically expanding the infrastructure.

‘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’, said Thomas Sedran, head of group strategy at Volkswagen AG.

As part of its ‘TOGETHER – Strategy 2025’ programme, the Volkswagen Group plans to launch 30 new electric vehicles by 2025.

Christian Hahn, CEO of Hubject GmbH, added, ‘We now have seven strong shareholders from three sectors of industry, which gives us the ideal basis for systematically pursuing our growth course in e-mobility. We are excited about this future-oriented collaboration together with the Volkswagen Group. And we remain open to welcoming further new international shareholders in the future.’