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Nexans to accelerate sustainable mobility with investment in IES, global expert of EV fast-charging solutions

Nexans ies euraze logo pour press release

Paris La Défense, January 15, 2018 – Nexans has announced a capital investment in IES, leader in the production of charging solutions for electric vehicles. Nexans’ investment comes as part of a new fund-raising round for the company, including further investment by Eurazeo, IES’s majority shareholder. The funds raised will allow IES to develop its commercial potential, expand its product range, and strengthen its international presence.
The passenger electric vehicle (EV) market is continuing to show strong growth, with worldwide sales expected to exceed 1.1 million of vehicles in 2017 – an increase of close to 50 percent on 2016. For sustainable mobility to truly become mainstream, the world needs extensive infrastructure to support EVs in the form of smart, fast-charging stations that will make them as convenient and easy to use as conventional petrol or diesel-fueled vehicles. Nexans has taken the next step in meeting this challenge by announcing a capital investment in IES, the specialist manufacturer of fast-charging direct current (DC) solutions.

Please find below the full press release:

Nexans to accelerate sustainable mobility with investment in IES, global expert of EV fast-charging solutions


Posted on Monday 15 January 2018


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