Siemens Archives

News June 28, 2022 0

Siemens invests in Electrify America, valuing charging network at $2.45 billion

Volkswagen’s Electrify America has welcomed its first outside investor with Germany’s Siemens announcing today they are investing more than $100 million into the electric vehicle (EV) charging network. The exact amount of Siemens’ investment was […]

News June 27, 2022 0

Volkswagen could sell a minority stake in Electrify America to Siemens

by Scott Nordlund

Volkswagen is close to selling a minority stake in Electrify America to an arm of Siemens AG in an estimated $2 billion deal. The deal was first reported by The Wall Street Journal citing sources […]