El Segundo/Essen,
02
October
2018
|
11:09
Europe/Amsterdam

innogy acquires Recargo Inc.

  • Comprehensive software know-how for further expansion

  • App “PlugShare” offers network agnostic charge point data

innogy eMobility US LLC. has acquired Recargo Inc., a leading software company for electric mobility in the US. With the acquisition, innogy expands its solution portfolio and strengthens its positioning as a technology provider in the American market. Besides profound UI & UX expertise and deep IT know-how, the deal provides innogy with full access to Recargo’s leading electric mobility app “PlugShare”.

“PlugShare” is the leading network agnostic charge point application in the US and gives EV-drivers close-by and exact charge point data regardless of its operator. With the app and its database, innogy can now offer a software solution with extended access to POI data all over the US and Europe provide excellent quality for the electric mobility solutions of innogy’s customers.

Martin Herrmann, COO Retail innogy SE
By investing in Recargo, we are expanding our presence on the US market on a lasting basis. Recargo is an excellent addition to our existing US activities. In general, electric mobility in the US is experiencing a boom, and globally, the US is one of the most attractive markets for electric mobility.
Martin Herrmann, COO Retail innogy SE

“PlugShare” is the number one app for locating charging stations for electric cars and offers a complete database of all charging stations in the United States to more than 350,000 active app users and many more over the PlugShare website. This makes traveling for EV-drivers easier and more effective. "We are very excited about the acquisition of Recargo. The purchase enables us to offer our customers top notch IT-Services and leading electric mobility solutions”, says Elke Temme Senior Vice President electric mobility at innogy SE. “Their database has the largest and most accurate public charging map in the world. For our customers this means best charging data quality in our software solutions.”

Simon Loeffler, CEO of innogy emobility US, concludes: “The acquisition of Recargo is very exciting for all of us. We not only gain access to great IT resources and best UI&UX know-how, but also invest in a brilliant team of EV experts!”

“We are proud to become a part of innogy”, states Brian Kariger, Chief Executive Officer at Recargo. “We are looking forward to the productive exchange and towards working with innogy. I am sure we can both use our joint expertise to further advance the international electric mobility market.”