System integrator and technical services provider ICT and the Brabantse Ontwikkelings Maatschappij (BOM) have signed a letter of intent (LOI), stating their intention to invest in GreenFlux, a charging point operator and services provider for electric vehicles. The investment will help GreenFlux to strengthen its position in the fast-growing market for electric vehicles and give the company the opportunity to accelerate the introduction of innovative charging services.

The cooperation with BOM and ICT creates a unique combination of expertise in electric transportation, the energy sector and innovative IT solutions.

Strong growth in electric vehicle use
The use of electric vehicles is set to grow enormously in Western Europe. In addition to the growth in the number of electric cars, battery capacity is also expected to increase, which will in turn accelerate the growth in charging capacity.

ICT
Aart Wegink, Sales Director ICT Emerging Solutions: “ICT has made a large number of investments in solutions for the energy market in recent years and is involved in a number of Smart Energy projects such as USEF, Stad van de Zon (City of the Sun) and PowerMatching City. We have noted that solutions for the management and control of decentralised electricity generation and consumption have become essential. The growth in electric vehicle use will continue to increase the dynamics of energy consumption. The combined investment with BOM and the cooperation with GreenFlux is a good fit with ICT’s proposition in the energy market.”

BOM
The Brabante Ontwikkelings Maatschappij boosts the economy of the Brabant region by encouraging cooperation between companies, public sector bodies and other organisations, and by attracting foreign companies, developing business locations and making risk-bearing investments in new and growing innovative companies.

GreenFlux
GreenFlux has been active in the market for electric vehicle use since 2012. In recent years, GreenFlux has developed a unique platform together with ICT. This has created opportunities for innovative services such as Smart Charging, which makes the platform extremely suitable for larger charging environments.