Eaton acquires Green Motion for its EV charging solutions
By Anthony Capkun
March 23, 2021 – Eaton has acquired Green Motion: a Swiss-based developer of hardware and software for charging all types of electric vehicles, with a range of AC and DC chargers.
“Electric vehicle charging infrastructure is among the areas where we expect to see significant growth over the next decade,” said Uday Yadav, president & COO, Electrical Sector, Eaton. “Green Motion’s proven charger designs, and its advanced power and billing management software, are powerful additions to Eaton’s existing energy storage and power distribution offerings.”
Green Motion continues to operate with its existing structure as a subsidiary of Eaton. Its management—led by CEO and founder François Randin—remains in place, and no job cuts are planned, reports Green Motion.
“This acquisition is a great opportunity to accelerate Green Motion’s success internationally by immediately making a global impact on decarbonization to improve the world of tomorrow,” said Randin.