Siemens strengthens market position with Heliox acquisition

This week, Siemens AG completed the acquisition of Heliox, a technology leader in DC fast charging solutions, for an undisclosed sum.

Headquartered in the Netherlands in 2009, Heliox develops fast charging systems suitable for eBus and eTruck fleets, passenger vehicles, and marine, mining and port equipment. 

In 2017, the company installed one of Europe’s first and largest rapid charging networks for the e-bus fleet in Eindhoven, The Netherlands; and over the past two years, has created ‘model city’ energy ecosystems around the world in Den Bosch, Netherlands, Glasgow, Scotland and Montgomery County, Maryland (USA). 

Heliox employs approximately 330 people. 

Siemens acquired Heliox from private equity firm Waterland, an entity owned by employees and individual shareholders. 

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. 

Significantly, Heliox’s mobile, scalable and parallel charging solutions extend Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics. 

Combining 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.

Matthias Rebellious, 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.

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.

Siemens eMobility offers IoT-enabled hardware, software and services for AC and DC charging from 11 kW to 1 megawatt for a broad range of applications.