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Siemens and Volkswagen invest in Electrify America

Mark Moran
28 June 2022
Volkswagen, Siemens and Electrify America executives

 

Electrify America has obtained new financial backing Siemens and additional investment from Volkswagen.

Launched in 2016 with backing from Volkswagen Group, Electrify America is a public ultra-fast charging network for electric vehicles in the USA and Canada.

Through its financing arm Siemens Financial Services (SFS), Siemens will become a minority shareholder in Electrify America with a low triple-digit million USD investment and hold a seat on the board. Siemens is Electrify America’s...

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