Volkswagen invests in eRoaming provider Hubject

Hubject 1

Hubject is a Berlin-based company that provides a solution for the exchange of data among charging networks. Hubject’s eRoaming platform is analogous to the networks that enable ATMs, mobile phones and other conveniences of modern life to work together smoothly.

Hubject was founded in 2012 by a group of companies including BMW, Daimler, Bosch and Siemens. According to the firm, its platform is used by over 240 companies, and connects some 40,000 charge points on three continents.

Now Volkswagen has become a Hubject shareholder, part of the German giant’s strategy to become a major player in e-mobility. “We have set our sights on becoming a globally leading provider in the field of sustainable mobility,” said Thomas Sedran, Head of Group Strategy at Volkswagen. “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.”

Christian Hahn, CEO of Hubject, 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.”

 

Source: Hubject