Berlin, November 14, 2017: ubitricity Gesellschaft für verteilte Energiesysteme mbH and the Siemens Division Energy Management will work together in the development of innovative solutions and business models in the area of electromobility. To this end, Siemens recently bought part of the Berlin company during its current investment round. ubitricity is a provider of intelligent charging and billing solutions that enables, by means of a digital platform, new business models in the area of energy services for electromobility.
Siemens Energy Management is one of the world’s leading providers of products, systems and solutions for the reliable transmission and distribution of electrical energy. Together, both companies aim to develop new products and business models, for example for smart cities, fleet operators, multi-storey car parks and the real estate industry.
As a reliable partner, the Siemens Division Energy Management already provides energy suppliers and industry with the right portfolio for an efficient energy infrastructure and the digitalisation of electricity networks. Since the electric mobility market and the associated interfaces with the electricity network and renewables energies will continue to grow in importance, Siemens aims to cover this market even better by entering into partnerships with specialists. With complementary offers such as charging infrastructure, billing and smart grid solutions, the demands of future markets will be better served. This plan is also underlined by the current investment in ubitricity. The investment was concluded in cooperation with next47, a global venture company formed by Siemens.
Moritz Ingerfeld, Head of Business Development eCharging at Siemens Energy Management: “The complementary ubitricity technology convinced us. It uses digitalisation in the energy field in a targeted manner and opens up completely new business models in the future market of energy services for electromobility. We look forward to a successful cooperation with ubitricity and will provide support during the rollout of the solution and its further development.”
At the core of the ubitricity solution is a mobile electricity meter. Integrated into an intelligent charging cable with secure mobile communication, it automatically activates charging processes, records the consumption data for each specific vehicle, and sends these for billing to an energy data platform. The basis for this is an electricity contract that is concluded for the cable.
Since part of the technology that is usually installed in charging stations is already integrated into the charging cable, the charging points are correspondingly cheap and small. The latter fact allows, for example, affordable large-volume installations in real estate and the simple integration of charging cables in street furniture such as streetlights. In London, ubitricity is currently installing lamppost-integrated charging points for residents, in cooperation with several districts and companies.
Charging processes can be controlled in a targeted manner by means of the mobile electricity meter, in order to charge vehicles in accordance with the current capacity of the electricity network. As a decentral store for renewables energies, e-vehicles therefore can be integrated into the smart grid.
“We are happy that we have found a strong strategic partner in Siemens Energy Management, for whom digitalisation in the area of the energy industry represents a key future area,” says Dr. Frank Pawlitschek, managing director of ubitricity. “We are really looking forward to the cooperation with Siemens Energy Management and to implementing our plans and objectives for the future of electromobility.”
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About ubitricity
ubitricity is the leading charge point operator in the UK and hosts a network of over 6,000 public charge points. Supplying lamppost, bollard, fast and rapid charge point solutions, ubitricity works alongside local authorities to expand public charging infrastructure inline with residents’ needs. Based in Berlin and London the company also operates in other European countries such as Germany and France. ubitricity is a wholly owned subsidiary of the Shell Group
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