Building on their May 2024 Memorandum of Understanding, StarCharge, a leader in EV charging and energy storage, and Schneider Electric, a global authority in energy management and automation, have finalized a joint venture agreement to drive advanced electric vehicle (EV) charging and energy storage solutions across Europe.

This collaboration will establish a premier European provider of EV charging infrastructure, photovoltaic inverters, AC and DC chargers, and energy storage systems. The partnership combines StarCharge’s expertise in EV charging technology and global production with Schneider Electric’s extensive European market presence and leading energy management solutions.

BNP Paribas is serving as StarCharge’s financial advisor, and the agreement is pending customary regulatory approvals. StarCharge’s expansive reach includes operations in over 60 countries, with more than 2 million EV chargers installed worldwide. Known for delivering sustainable and high-volume EV charging solutions, StarCharge continues its commitment to a greener future.

Schneider Electric, dedicated to advancing sustainability and resource efficiency, is recognized for expertise in electrification, automation, and digital innovation. With a global workforce of 150,000 and an extensive partner ecosystem in over 100 countries, Schneider delivers AI-powered industrial IoT solutions, digital twins, and lifecycle management across smart industries, data centers, and sustainable infrastructure.

Headquartered in France, the company operates in over 100 countries, providing solutions that combine cutting-edge technologies in electrification, automation, and digital innovation to create sustainable and efficient infrastructure, industries, and homes.

Known for its advanced industrial Internet of Things (IoT) solutions, Schneider Electric integrates connected products, automation, software, and services to create smart systems that optimize energy usage and reduce environmental impact.

Through initiatives in renewable energy integration, smart grid development, and digital transformation, Schneider Electric supports businesses and communities in achieving carbon neutrality. With a workforce of 150,000 and a strong commitment to diversity and inclusion, the company continues to empower a sustainable future, aligning with its core principle: “Life Is On.”