22 Dec '16, 11am

Volkswagen takes stake in e-mobility company Hubject

Volkswagen takes stake in e-mobility company Hubject

Volkswagen Group has taken a stake in the German company Hubject GmbH, which is developing a standard method to map and pay at electric charging stations. With the strategic investment in the Berlin-based company, Europe’s largest car maker plans to push ahead with the digital interconnection of charging stations for electric vehicles starting in early 2017 as well as the expansion and internationalization of Hubject GmbH together with the founding shareholders. One of the requirements for increasing acceptance of e-mobility – apart from an attractive range of models – is a well-developed charging infrastructure with an international payment system that is as simple as possible. 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 thr...

Full article: http://electriccarsreport.com/2016/12/volkswagen-takes-st...

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