1. Engie’s Acquisition of EV-Box Adds to Its Growing Ecosystem of Distributed Energy Offerings

    Engie’s Acquisition of EV-Box Adds to Its Growing Ecosystem of Distributed Energy Offerings

    EV charging-station developer EV-Box is looking to expand its global footprint after being bought by international energy company Engie. EV-Box, native to the Netherlands, already provides 26 countries and 980 cities with more than 48,000 charging stations. EV-Box’s CEO Kristof Vereenooghe told GTM that his company would become a global player in the charger market with Engie's help. "In the next 10 to 20 years, as costs come down, performance improves and vehicle choice widens, e-mobility will inevitably become one of the fastest-growing industries worldwide,” he said. “But electric vehicles are only one part of a bigger ecosystem characterized by Engie -- a decentralized, decarbonized and digital energy space.” 

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    1. Combining Engie's global presence and energy capabilities with EV-Box's leading technology and thought leadership in the electric vehicle charging market, Engie will be in a unique position to offer customers in all segments, across the globe, innovative, attractive and comprehensive electric vehicle charging and related energy services.
    2. These investments are relatively small, but they getting bigger and bigger as DERs ramp up.
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