German industrial giant Siemens has announced a strategic overhaul of its electric vehicle charging solutions business, shifting its focus to fast-charging infrastructure while cutting approximately 450 jobs worldwide by the end of the 2025 fiscal year. The restructuring aims to enhance competitiveness in a market experiencing price pressures and limited growth for low-power charging stations.
Of the total job reductions, 250 positions are expected to be eliminated in Germany, with Leipzig emerging as the most impacted location. According to a report by the Leipziger Volkszeitung, Siemens is considering consolidating its European charging station production at its Corroios plant in Portugal, potentially ending the manufacturing of charging columns at its Leipzig facility.
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The SiCharge D fast-charging station, currently produced in Leipzig, may see its production shifted to Portugal. However, Siemens has yet to confirm these reports, stating that operational layoffs in Germany are not planned and that the company remains committed to its German industrial base.
The move is also linked to Siemens’ planned spin-off of its eMobility business unit and Heliox, a charging infrastructure company acquired in early 2024. The spin-off aims to create a legally independent entity focusing on high-growth segments such as depot and fleet charging.
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“The new setup of eMobility will enable the business to accelerate profitability by focusing on high-potential business segments and strategically relevant geographies,” said Matthias Rebellius, CEO of Siemens Smart Infrastructure.
While Siemens has not explicitly linked the job cuts to the spin-off, the company cites “changed conditions in key markets” as the reason for necessary capacity adjustments.