5 Biggest EV Charging Companies In Europe

In this article, we will discuss the 5 biggest EV charging companies in Europe. If you want to read our detailed analysis of Europe’s EV charging industry, you can go to 10 Biggest EV Charging Companies In Europe.

5. ABB Ltd (NYSE:ABB)

Market Cap as of November 18: $57.6 Billion

ABB Ltd (NYSE:ABB) is a global technology leader in industrial automation and power generation. The company offers a comprehensive portfolio of products, services, and solutions to help customers in utilities, industry, and transport improve their performance while reducing environmental impact. ABB Ltd (NYSE:ABB) operates in more than 100 countries with around 110,000 employees. The company is headquartered in Zurich, Switzerland.

ABB Ltd (NYSE:ABB) is a world leader in EV charging technology, with a complete portfolio of products, solutions, and services for charging electric vehicles. The company’s EV charging solutions are designed to be safe, reliable, easy to use and install and offer the flexibility to meet the needs of any EV charging application. ABB Ltd (NYSE:ABB) is a financially strong company that is well-positioned to invest in the future of EV charging. According to the company’s balance sheet, ABB Ltd (NYSE:ABB) has free cash flows of $756 million. ABB Ltd (NYSE:ABB) is ranked among the biggest EV charging companies in Europe and is valued at $57.6 billion, as of November 18.

4. Schneider Electric S.E. (OTC:SBGSY)

Market Cap as of November 18: $82.3 Billion

Schneider Electric S.E. (OTC:SBGSY) is a French multinational corporation that specializes in energy management and automation solutions. The company was founded in 1836 and is headquartered in Rueil-Malmaison, France. Schneider Electric S.E. (OTC:SBGSY) employs over 135,000 skilled individuals and has a prominent presence in more than 100 countries. Schneider Electric offers a wide range of products and services in the areas of energy management, building automation, and industrial automation. The company has a strong presence in the EV charging market with its EVlink product line. EVlink offers a comprehensive solution for EV charging, from charging stations and cables to software and services. EVlink is scalable and flexible, allowing it to be customized for any EV charging need. It is also easy to use, with a user-friendly interface that makes it simple to set up and manage EV charging stations. Schneider Electric S.E. (OTC:SBGSY) also offers a variety of value-added services to help customers get the most out of their EVlink investment. These services include EV charge point installation, commissioning, and maintenance. Schneider Electric S.E. (OTC:SBGSY) is ranked high among the biggest EV charging companies in Europe and has a market cap of $82.3 billion, as of November 18.

3. Siemens Aktiengesellschaft (OTC:SIEGY)

Market Cap as of November 18: $109.6 Billion

Siemens Aktiengesellschaft (OTC:SIEGY) is a technology company headquartered in Munich, Germany. It is among the largest industrial manufacturing companies in Europe with branch offices and production sites in more than 190 countries. The company focuses on electrification, automation, and digitalization. It is also a leading provider of medical imaging equipment, including computed tomography and magnetic resonance imaging.

Siemens Aktiengesellschaft (OTC:SIEGY) is a leading player in the EV charging market. The company has a strong presence in Europe and North America. The company has a compelling product portfolio and a wide network of distributors and installers. Siemens Aktiengesellschaft (OTC:SIEGY) has a strong R&D capability and is constantly innovating its products to meet the evolving needs of the market. The company also has the cash resources to support its R&D. According to the company’s balance sheet, Siemens Aktiengesellschaft (OTC:SIEGY) has free cash flows of EUR 8.48 billion. Siemens Aktiengesellschaft (OTC:SIEGY) is one of the biggest EV charging company in Europe and, as of November 18, has a market capitalization of $109.6 billion.

2. BP p.l.c. (NYSE:BP)

Market Cap as of November 18: $104 Billion

BP p.l.c. is a leading British oil and gas company headquartered in London, United Kingdom. The company has operations in over 70 countries and employs over 60,000 employees worldwide. BP p.l.c. (NYSE:BP) has been making strides in the EV charging space by way of strategic M&A. In 2018, BP p.l.c. (NYSE:BP) acquired one of the UK’s largest EV charging companies, Chargemaster, which is now rebranded as  BP Pulse, the oil giant’s EV charging business. BP p.l.c. (NYSE:BP) has a number of competitive advantages in the EV charging market. Firstly, the company has a large and well-established network of petrol stations and service stations which are well-placed to offer EV charging facilities. Secondly, BP p.l.c. (NYSE:BP) has a strong brand and reputation which will be reassuring for customers using its EV charging services. Thirdly, the company has a large workforce and financial resources which will enable it to roll out EV charging services quickly and efficiently. Finally, BP p.l.c. (NYSE:BP) has a strong commitment to environmental sustainability which will resonate with many EV users. As of 2021, BP p.l.c. (NYSE:BP) operates over 13,000 EV charging points and the company aims to have more than 100,000 functional EV charging points by 2030. BP p.l.c. (NYSE:BP) is ranked among the biggest EV charging companies in Europe and is valued at $104 billion, as of November 18.

1. Shell plc (NYSE:SHEL)

Market Cap as of November 18: $198 Billion

Another oil giant that is betting big on the future of electric vehicles is Shell plc (NYSE:SHEL). In an effort to reduce its carbon footprint, Shell plc (NYSE:SHEL) introduced a new initiative called Shell Recharge. This program encourages drivers to recharge their electric vehicles at Shell stations using renewable energy. The program is currently available in the United States and across Europe. Shell Recharge is part of the company’s broader effort to become a leader in the transition to a low-carbon future. In addition to investing in electric vehicle infrastructure, Shell plc (NYSE:SHEL) is also working to develop new technologies that will enable it to produce energy more efficiently and with fewer emissions. Shell plc (NYSE:SHEL) has a network of fast-charging stations for electric vehicles (EVs) in Europe and the United States. The company currently operates roughly 90,000 charging points and plans on growing this figure to 500,000 by 2025 and to 2.5 million by 2030. Shell plc (NYSE:SHEL) is one of the biggest EV charging companies in Europe.

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