Skip to content

Landis+Gyr exits charging segment shortly after entering

Landis+Gyr did not mention a potential buyer for its charging operation but instead impairment and restructuring costs of around US$40m. By Stewart Burnett

Less than a year after entering the EMEA region’s electric vehicle EV charging segment, Swiss energy management provider Landis+Gyr has announced its withdrawal. Among the reasons it has cited for its departure are strong competitive pressure and significant changes in market and regulatory conditions.

It’s time to log in (or subscribe).

Not a member? Subscribe now and let us help you understand the future of mobility.

Pro
£495/year
or £49.50/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
no
OEM Tracker
no
OEM Model Plans
no
OEM Production Data
no
OEM Sales Data
no
Pro+
£1,950/year
or £195/month
1 user
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Team
£3,950/year
or £395/month
Up to 5 users
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes
Pro+ Enterprise
Unlimited
News
yes
Magazine
yes
Articles
yes
Special Reports
yes
Research
yes
OEM Tracker
yes
OEM Model Plans
yes
OEM Production Data
yes
OEM Sales Data
yes

https://www.automotiveworld.com/news/landisgyr-exits-charging-segment-shortly-after-entering/

Welcome back , to continue browsing the site, please click here