{"id":42650,"date":"2019-03-13T20:07:30","date_gmt":"2019-03-13T18:07:30","guid":{"rendered":"https:\/\/newserver.fyb.de\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/"},"modified":"2019-03-13T20:07:30","modified_gmt":"2019-03-13T18:07:30","slug":"ubitricity-closes-new-20-million-round-with-honda-as-new-partner","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/","title":{"rendered":"ubitricity closes new 20 million round with Honda as new partner"},"content":{"rendered":"<p>Berlin | Munich | Paris | Tokyo \u2014 <strong>ubitri\u00adcity Gesell\u00adschaft f\u00fcr verteilte Ener\u00adgie\u00adsys\u00adteme<\/strong> mbH recei\u00adves <strong>\u20ac20 million<\/strong> in a new finan\u00adcing round that will enable the company to acce\u00adle\u00adrate growth and further deve\u00adlop its mobile meter\u00ading tech\u00adno\u00adlogy. The invest\u00adment was made by exis\u00adting share\u00adhol\u00adders <strong>EDF <\/strong>and <strong>Next47<\/strong> (Siemens\u2019 venture capi\u00adtal subsi\u00addiary) and by <strong>Honda Motor Company<\/strong> as a new partner.<\/p>\n<p>ubitri\u00adcity has deve\u00adlo\u00adped a unique smart char\u00adging and billing solu\u00adtion for smart AC char\u00adging of elec\u00adtric vehic\u00adles in public and private spaces. With mobile meter\u00ading tech\u00adno\u00adlogy, muni\u00adci\u00adpa\u00adli\u00adties, property owners, fleet and fuel card opera\u00adtors, and end users can bene\u00adfit from signi\u00adfi\u00adcantly lower char\u00adging infra\u00adstruc\u00adture costs as well as free choice of energy provi\u00adder and kilo\u00adwatt-hour accu\u00adrate billing.<\/p>\n<p>The new funding is inten\u00added to acce\u00adle\u00adrate the expan\u00adsion of char\u00adging infra\u00adstruc\u00adture, parti\u00adcu\u00adlarly lantern char\u00adging points and char\u00adging points in real estate deve\u00adlo\u00adp\u00adments in the UK, Germany, France and the US. In paral\u00adlel, the tech\u00adno\u00adlogy will be further deve\u00adlo\u00adped for the mass market expec\u00adted from 2020 and the condi\u00adti\u00adons for services across the entire spec\u00adtrum of V1G and V2G will be created.<\/p>\n<p>\u201cWith Honda Motors, we have another strong part\u00adner on board who shares our vision of a smart elec\u00adtric vehicle that brings the neces\u00adsary tech\u00adno\u00adlogy for char\u00adging and char\u00adging clean elec\u00adtri\u00adcity and for smart char\u00adging services,\u201d says <strong>Dr. Frank Pawlit\u00adschek, CEO and Co-Foun\u00adder of ubitri\u00adcity<\/strong>.<\/p>\n<p>The company has made signi\u00adfi\u00adcant progress in deve\u00adlo\u00adping its mobile meter\u00ading tech\u00adno\u00adlogy, market presence and market access, e.g. in London. In addi\u00adtion, ubitri\u00adcity is driving forward the instal\u00adla\u00adtion of char\u00adging stati\u00adons in cities as part of the German \u201cImme\u00addiate Clean Air Program\u201d, with more than 3,000 char\u00adging points to be instal\u00adled in Berlin, Hamburg and Dort\u00admund. Success in the highly compe\u00adti\u00adtive NYCx Climate Action Chall\u00adenge, which is expec\u00adted to lead to a pilot project in New York, has further confirmed the global inte\u00adrest in the company\u2019s products and tech\u00adno\u00adlo\u00adgies. \u201cWe are now putting char\u00adging points right at peop\u00adle\u2019s door\u00ads\u00adteps \u2014 where milli\u00adons of Euro\u00adpeans park their vehic\u00adles today, and at a time when more and more elec\u00adtric vehic\u00adles are being sold,\u201d says Knut Hecht\u00adfi\u00adscher, co-foun\u00adder of ubitricity.<\/p>\n<p>The new capi\u00adtal and the share increase by EDF and Siemens again empha\u00adsize the importance of ubitri\u00adcity as a key pillar in the elec\u00adtro\u00admo\u00adbi\u00adlity stra\u00adte\u00adgies of both companies.<\/p>\n<p>Last Octo\u00adber, the EDF Group unvei\u00adled its elec\u00adtric mobi\u00adlity plan to become the leading energy company in its four largest Euro\u00adpean markets: France, the UK, Italy and Belgium.<\/p>\n<p>In addi\u00adtion, Citelum (100% subsi\u00addiary of the EDF Group) and ubitri\u00adcity are working toge\u00adther to inte\u00adgrate ubitri\u00adci\u00adty\u2019s inno\u00adva\u00adtive solu\u00adtion into Citelum\u2019s \u201cSmart City\u201d product line.<\/p>\n<p><strong>About ubitri\u00adcity \u2014 Gesell\u00adschaft f\u00fcr verteilte Ener\u00adgie\u00adsys\u00adteme&nbsp;mbH<\/strong><br>\nAfforda\u00adble smart char\u00adging infra\u00adstruc\u00adture for elec\u00adtric cars where\u00adver they are parked for longer peri\u00adods of time was the goal of Knut Hecht\u00adfi\u00adscher and Dr. Frank Pawlit\u00adschek when they foun\u00added ubitri\u00adcity in 2008. Today, the company is one of the leading provi\u00adders of intel\u00adli\u00adgent solu\u00adti\u00adons for char\u00adging and billing elec\u00adtric cars. ubitri\u00adcity combi\u00adnes tech\u00adni\u00adcal know-how, such as the deve\u00adlo\u00adp\u00adment of the mobile elec\u00adtri\u00adcity meter, with the possi\u00adbi\u00adli\u00adties of digi\u00adta\u00adliza\u00adtion. The result is tech\u00adni\u00adcally simpli\u00adfied and thus less expen\u00adsive char\u00adging points that enable the nati\u00adon\u00adwide expan\u00adsion of the char\u00adging infra\u00adstruc\u00adture. This approach solves the chall\u00adenge of vehicle-speci\u00adfic billing. In the future, the mobile elec\u00adtri\u00adcity meter will also enable the grid inte\u00adgra\u00adtion of e\u2011vehicles as addressa\u00adble mobile storage devices. Elec\u00adtric cars become mana\u00adgeable as part of a distri\u00adbu\u00adted and mobile storage network and can thus make a signi\u00adfi\u00adcant contri\u00adbu\u00adtion to the energy tran\u00adsi\u00adtion. www.ubitricity.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berlin | Munich | Paris | Tokyo \u2014 ubitri\u00adcity Gesell\u00adschaft f\u00fcr verteilte Ener\u00adgie\u00adsys\u00adteme mbH recei\u00adves \u20ac20 million in a new finan\u00adcing round that will enable the company to acce\u00adle\u00adrate growth and further deve\u00adlop its mobile meter\u00ading tech\u00adno\u00adlogy. The invest\u00adment was made by exis\u00adting share\u00adhol\u00adders EDF and Next47 (Siemens\u2019 venture capi\u00adtal subsi\u00addiary) and by Honda&nbsp;Motor&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-private-equity-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ubitricity closes new 20 million round with Honda as new partner - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ubitricity closes new 20 million round with Honda as new partner - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Berlin | Munich | Paris | Tokyo \u2014 ubitri\u00adcity Gesell\u00adschaft f\u00fcr verteilte Ener\u00adgie\u00adsys\u00adteme mbH recei\u00adves \u20ac20 million in a new finan\u00adcing round that will enable the company to acce\u00adle\u00adrate growth and further deve\u00adlop its mobile meter\u00ading tech\u00adno\u00adlogy. The invest\u00adment was made by exis\u00adting share\u00adhol\u00adders EDF and Next47 (Siemens\u2019 venture capi\u00adtal subsi\u00addiary) and by Honda Motor [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-13T18:07:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/03\/a-ubricity-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1417\" \/>\n\t<meta property=\"og:image:height\" content=\"945\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tatjana Anderer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tatjana Anderer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/\"},\"author\":{\"name\":\"Tatjana Anderer\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/person\/4308b3086925bc8567ceba3ebd69b4ce\"},\"headline\":\"ubitricity closes new 20 million round with Honda as new partner\",\"datePublished\":\"2019-03-13T18:07:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/\"},\"wordCount\":593,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2019\/03\/a-ubricity-1.jpg\",\"articleSection\":[\"General\",\"Featured\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/\",\"url\":\"https:\/\/www.fyb.de\/en\/ubitricity-closes-new-20-million-round-with-honda-as-new-partner\/\",\"name\":\"ubitricity closes new 20 million round with Honda as new partner - 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