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VW and Siemens invest in Electrify America

John ThorntonBy 1 Min Read

Volkswagen Group (VW) and Siemens have announced plans to invest US$450m (£377m) in Electrify America, one of the the largest public ultra-fast charging networks for EVs in North America.

The investment values Electrify America at US$2.45bn (£2.05bn) and sees Siemens, through its financing arm Siemens Financial Services, become a minority shareholder in the company and hold a seat on the board.

Siemens is the first external investor in Electrify America, which has major expansion plans in the USA and Canada, through technological advancements in charging and energy solutions across public, home and commercial offerings.

Together, Siemens and VW plan to more than double Electrify America’s charging infrastructure to 1,800 locations and 10,000 fast chargers by 2026.

Siemens will also make available its spectrum of AC and DC charging hardware, software and services to Electrify America.

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John is the editor-in-chief at Akabo Media, leading the editorial strategy for Logistics Manager, Robotics & Automation Magazine, and City Transport & Traffic Innovation (CiTTi) Magazine. With over a decade of B2B publishing experience, he has edited sector-specific titles in engineering, technology, automotive, and marine industries. Since joining Akabo Media in 2019, John has driven engagement and growth across print, digital, and event platforms. He oversees magazine content, mentors editorial teams, and curates industry-leading conference content. John chairs and moderates the Road User Charging Conference series in Brussels, Abu Dhabi, Miami and Singapore, while also playing an active role in Akabo’s exhibitions. A prominent voice in logistics, supply chain, robotics, automation, and transport, John fosters industry connections and ensures Akabo Media’s content remains a vital resource for its professional audience.

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