Technology-focused industry, infrastructure, transportation, and healthcare solutions company Siemens announced today plans to invest in and expand its electric vehicle infrastructure-focused manufacturing operations in the U.S., with a goal to produce over 1 million EV chargers over the next 4 years.
The new investment will bolster the company’s manufacturing footprint for its VersiCharge Level 2 AC series product line of commercial and residential EV chargers.
The new investment plans come as the U.S. is poised for major growth in the electric vehicle sector. Earlier this month, President Biden announced a goal for the country to have zero emissions vehicles – including battery-electric, plug-in hybrid electric, and fuel cell electric – make up half of the new vehicle sales in the U.S. by 2030, and a new infrastructure bill in progress includes billions in planned spending on electric vehicle charging and infrastructure.
John DeBoer, head of Siemens eMobility solutions and Future Grid Business in North America, said:
“We’re incredibly encouraged by the continued commitment from the Administration and the Senate’s bipartisan approval of a historic $1 trillion bipartisan infrastructure bill, which includes a $7.5 billion investment to construct electric vehicle stations, and Siemens is answering the call to accelerate EV charging production in the U.S.”
Siemens aims to identify a location this year and bring a facility online to start manufacturing AC chargers in the U.S early 2022. The plant will serve as a counterpart to the company’s existing operations in Wendell, where Siemens manufactures charging solutions for busses, trucks and heavy-duty EVs.
According to the company, the investment is the latest step in its strategic plan to meet the growing EV charging demand, expand its manufacturing capabilities, and ramp up transportation electrification job opportunities at all levels in the United States. As part of its recently launched growth strategy, Siemens identified helping customers meet sustainability goals as a significant source of opportunity, with infrastructure solutions targeting eMobility as one of the key areas of investment.
Ruth Gratzke, President of Siemens Smart Infrastructure U.S, said:
“At Siemens, we are developing technologies that truly transform the everyday, and as America embraces electrified transportation, we are ensuring the infrastructure is in place to support it. To meet this moment, Siemens is enthusiastically investing in the growth of our U.S. eMobility footprint that will help advance our nation’s climate policy while adding green jobs to the American workforce.”