Landis+Gyr Charging Ahead With New EV Solutions Division and Market-Leading Products

Landis+Gyr assumes full ownership of EV Charging specialist Etrel and strengthens position in the e-mobility arena with new CEO Michael Viktor Fischer. 

Ljubljana/Grosuplje, Slovenia – June 18, 2024 – Landis+Gyr, the leading provider of integrated energy management solutions, assumes 100% ownership of Etrel, an EV Charging specialist, in which the company had acquired a 75% stake in 2021. Etrel now becomes “Landis+Gyr EV Solutions” a strong new business division that continues the mission to facilitate more extensive use of renewable energy for electric mobility and helping EV batteries become an essential part of smart grids. 

To date, Etrel has built up market-leading know-how in the EV business and supplies innovative hardware and software for EV charging at homes, businesses, fleets and public locations. The company offers a comprehensive suite of end-to-end solutions for the rapidly evolving electric vehicle (EV) charging market. 

Landis+Gyr’s ambition is underscored by the change in Landis+Gyr EV Solutions management team. Dr. Michael Viktor Fischer, a seasoned e-mobility name, is joining the team as the new acting CEO, assuming the role of VP EV Solutions within the broader organization. Michael Viktor Fischer brings with him years of experience in the e-mobility sector. As CEO of Smatrics he set up the first Austria-wide high-speed charging network for electric vehicles with special attention to company fleets. As a long-time global manager at BMW, Michael Viktor Fischer understands the requirements of car industry and its customers. This enabled him to establish stable co-operations in Austria at an early stage of e-mobility, offering new EV customers everything from a single source, from the charging network management and charging cards, to the charging hardware and underlying billing system. With extensive experience in planning, implementing and operating EV charging networks he is quickly becoming a strong asset in Landis+Gyr EV Solutions portfolio development.  

»Many people are still unsure about the switch from internal combustion vehicles to EVs. In order to dispel these fears, a reliable, nation-wide supply of fast charging points is needed – both in the public sector, but above all in the semi-public and private sector, where over 80% of charging takes place,« says Michael Viktor Fischer. »An extremely important area is the development of semi-public charging infrastructure for companies and public facilities, this is where the greatest growth potential lies. These locations require not only reliable charging hardware, but above all a comprehensive software for load management and billing. The vehicle-to-grid concept will bring a major shift in this segment, where all connected vehicles act as electricity storage units that relieve the strain on the power grid and balance out power peaks.” 

With electric vehicles quickly becoming mainstream, the EV Charging Infrastructure market is expected to reach US$ 250 billion globally by 2033, according to market insights. This growth highlights the critical need for integrated smart energy management solutions that extend beyond EV charging alone. This presents a unique opportunity to diversify and enhance the extensive portfolio of solutions, that help the energy sector transform to meet the future demand in clean and stable energy supply.  

By incorporating advanced EV solutions into the comprehensive energy management ecosystem, Landis+Gyr not only leverages the booming EV market but also strengthens the company's position as a leader in flexible, integrated energy solutions, meeting the evolving demands of the energy sector and ensuring sustainable growth.