PARIS, May 7, 2024 /PRNewswire/ -- Wanbang Digital
Energy Co., Ltd, also known for its brand name "StarCharge", a
global leader in electronic vehicle (EV) charging solutions and
microgrid technology, has signed a Memorandum of Understanding with
Schneider Electric (SU.PA), the leader in the digital
transformation of energy management and automation. The parties
intend to form a joint venture aimed at accelerating the adoption
of EVs and revolutionizing smart energy infrastructure across
Europe.
The planned joint venture will focus on developing and marketing
prosumer products, solutions and services, tailored for
residential, commercial and industrial sectors. This includes a
range of AC/DC EV chargers, inverters, and energy storage systems
designed to meet the diverse needs of the European market.
The collaboration is directly aligned with Europe's drive for sustainability, offering
support and opportunities that are essential for success. As
environmental concerns rise, there is an urgent need for consumer
engagement with smart energy solutions to facilitate a shift away
from fossil fuels. Benefiting from this trend, the joint venture is
poised for significant growth in Europe, leveraging its innovative energy
solutions and an extensive distribution network.
About StarCharge
StarCharge is a premium provider of comprehensive EV energy
supply and storage solutions, with a global foot print spanning
over 60 countries across six continents. With a
commitment to a greener future, StarCharge has delivered 2 million
EV chargers worldwide, leading the industry in sales volume over
the past decade.
http://www.starcharge.com/
About Schneider Electric
Schneider's purpose is to empower all to make the most of our
energy and resources, bridging progress and sustainability for all.
We call this Life Is On.
Our mission is to be your digital partner for Sustainability and
Efficiency.
We drive digital transformation by integrating world-leading
process and energy technologies, end-point to cloud connecting
products, controls, software and services, across the entire
lifecycle, enabling integrated company management, for homes,
buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open
standards and partnership ecosystems that are passionate about our
shared Meaningful Purpose, Inclusive and Empowered values.
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