ABB Acquires Controlling Stake in InCharge Energy

SK E&S Acquires EverCharge, U.S. EV Charging Solutions Provider

March 23, 2022

Energy

South Korean energy company SK E&S has acquired EverCharge, a San Francisco Bay Area–based manufacturer and operator of EV charging stations focused on multi-family, workplace and fleet deployments. The deal gives SK E&S a foothold in the U.S. EV charging market and complements its broader U.S. energy solutions investments and capabilities.

ABB Acquires Lumin to Expand Residential Energy Management in North America

January 14, 2025

Energy

ABB has acquired U.S.-based Lumin, a provider of residential energy management hardware and cloud software, following a 2023 strategic minority investment. The acquisition brings Lumin's load-management hardware, integrations for solar and storage, and homeowner-facing software into ABB's Electrification portfolio to broaden its North American home electrification and smart-home offerings.

Schneider Electric Acquires EV Connect

June 21, 2022

Energy

Schneider Electric has acquired EV Connect, an El Segundo, California-based provider of an open EV charging platform, to accelerate its eMobility strategy and expand its digital energy offerings. EV Connect will operate as a distinct subsidiary led by CEO and founder Jordan Ramer, while Schneider aims to strengthen its presence in EV charging infrastructure and services.

Ramphastos Investments Takes Majority Stake in Opcharge

February 16, 2022

Electrical Services

Ramphastos Investments has become a major shareholder in Opcharge, a Dutch provider of public and semi-public EV charging installation and management solutions. The capital injection will support Opcharge's ambitious growth plans in the Netherlands and internationally; financial terms were not disclosed.

EnerSys Acquires Industrial Battery and Charger Services Limited (IBCS)

April 6, 2023

Industrial Services

EnerSys acquired Industrial Battery and Charger Services Limited (IBCS), a UK-based battery service and maintenance provider, to expand its motive power service offerings and strengthen its presence in the United Kingdom. IBCS will continue to operate under its current name with its management team remaining in place; financial terms were not disclosed.

Phillips & Temro Acquires EVoCharge, Inc.

March 20, 2019

Manufacturing

Phillips & Temro Industries, a Harbour Group company, acquired EVoCharge, Inc., a supplier of electric vehicle (EV) charging infrastructure, in a transaction with undisclosed terms. The acquisition adds EV charging hardware and cable-management products to Phillips & Temro’s portfolio and expands its reach into commercial, fleet and residential EV markets.