innogy Launches E-Mobility Subsidiary in U.S. Market

Germany-based innogy, a subsidiary of energy giant RWE, has established a new subsidiary to enter the e-mobility market in the U.S.

The new company, trading under the name of innogy e-mobility US LLC, will be based in Los Angeles and serve the U.S. market as a provider of technology and services. innogy says the new subsidiary’s business activities will focus on California and other U.S. states that have stipulated zero-emission requirements for new vehicles.

The company adds that Cameron Funk, previously director of business development for ABM Industires Inc., will manage innogy e-mobility US LLC as its first CEO.

“We are firm believers in the future of electric mobility. For this reason, innogy is working constantly to drive forward the expansion of clean, climate-friendly mobility. For [the U.S.] too, electric mobility and climate protection are a mega-topic for many states and big cities – and we have the innovative solutions for tomorrow’s traffic,” says Peter Terium, CEO of innogy SE.

The company says its portfolio spans the whole length of the value chain, from the production, marketing, supply and construction of charging solutions right up to the operation of charging infrastructure based on its in-house software. innogy also markets a range of additional services in connection with e-vehicle electricity.

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