Swiss energy management solutions provider Landis+Gyr announced on Tuesday that it has fully acquired Slovenian charging infrastructure manufacturer Etrel. Alongside this acquisition, Landis+Gyr has appointed Michael Viktor Fischer, former CEO of Smatrics, as the new CEO of its rebranded unit, Landis+Gyr EV Solutions.
Landis+Gyr, which acquired a 75% stake in Etrel in 2021, specializes in energy management solutions. Etrel, based in Slovenia, provides hardware and software for charging electric vehicles in private homes, businesses, fleets, and public spaces.
Operating under the new name Landis+Gyr EV Solutions, the company aims to “enable a wider use of renewable energy for electric mobility and help EV batteries become an essential part of smart grids,” according to Landis+Gyr.
The Swiss company is transparent about its ambitions in this sector, emphasizing the importance of the new leadership. Michael Viktor Fischer, an experienced figure in electromobility, will lead Landis+Gyr EV Solutions as CEO and will also serve as Vice President EV Solutions for the entire organization.
“An extremely important area is the development of semi-public charging infrastructure for companies and public facilities, where the greatest growth potential lies,” said Fischer. “These locations require not only reliable charging hardware but above all comprehensive software for load management and billing. The vehicle-to-grid (V2G) 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.”
Landis+Gyr has a strong reputation in the renewable energy sector, particularly for its smart metering solutions. In 2020, the company participated in the SmartStep charging project in the UK, integrating its smart meters into the initiative.
