Innogy takes over EV software specialist Recargo
Innogy has successfully taken over the e-mobility software specialist Recargo, securing unfettered access to their PlugShare app. This is the second purchase in the USA, where Innogy is currently expanding their market presence.
PlugShare is a leading, operator-independent charging app in the USA, according to the RWE subsidiary, and is used by 350,000 active users to find charging stations. Innogy plans to use the app and the attached data to provide a software solution covering geo data from the whole USA and Europe.
The move is also designed to rapidly expand Innogy’s presence in the US market. The “largest and most accurate public charging map in the world” from Recargo will certainly help, as well as the included IT resources. Two months ago, the Innogy US subsidiary announced plans to acquire the California-based charging infrastructure specialist BTCPower. The two companies had previously cooperated on the US market, and the transaction then provided the US Innogy subsidiary with a complete fast-charging product portfolio for the North American market and access to production capacities and the corresponding knowledge from the company.