ABB E-mobility simplifies payment of electric vehicle charging with Vourity acquisition

• Swedish fintech start-up’s technology simplifies payment at electric vehicle charging stations
• Self-service for multiple payment options enabled
• ABB E-mobility has acquired Vourity effective immediately

Delivering easy-to-use and seamless payment options for consumers is one of the most criticalcomponents in accelerating the adoption of electric vehicles (EV). ABB E-mobility has enhanced its customer offering with the acquisition of Vourity, a Swedish start-up with award-winning cloud-basedtechnology for payment of EV charging.

Vourity’s technology simplifies the driver’s life at the charging station, eliminating the need fornumerous phone apps or payment tags. Its technology enables rapid, secure payment for EV charging,using a wide variety of payment options including credit cards, mobile pay and RFID tags. Vourity’scloud-based solution can be operated through a pay station or directly integrated into the chargingstation.

“What impressed us most about Vourity’s technology is just how simple and easy it is to use and that’swhat we aspire to in our systems, so it’s a perfect strategic fit for ABB E-mobility,” said Daniel Alarcon-Rubio, Chief Digital Officer at ABB E-mobility. “The addition of both the people and the technology fromVourity will strongly enhance and accelerate the development of our own systems and enable us tobetter serve our customers.”

“Our aim with Vourity has always been to deliver a seamless customer experience at the point ofpayment. As we evolve from the start-up phase into full commercialization, we are confident that as partof ABB E-mobility we will be able to ramp up our ability to deliver that experience at scale whilecontinuing to develop and improve our technology,” said Hans Nottehed, co-founder and CEO of Vourity.

The addition of Vourity brings a key element to ABB E-mobility’s technology stack, allowing it tointegrate seamless payment systems into its customer offering. The acquisition will also bringimportant technical expertise to ABB E-mobility, with Vourity’s team of Android and fintech experts toplay an important role in developing the key payments area of EV charging.

About ABB E-mobility

ABB E-mobility is enabling a more sustainable and resource-efficient mobility future as a global leader in electric vehicle (EV) charging solutions. ABB E-mobility is a partner of choice for the world’s biggest EV OEMs and nationwide EV charging network operators. It offers the widest port-folio of EV charging solutions from smart chargers for the home to high-power chargers for the highway stations of the future, solutions for the electrification of fleets and charging for electric buses and trucks. With ~1,500 employees around the world, ABB E-mobility has sold more than one million EV chargers across more than 85 markets, including over 50,000 DC fast chargers.

https://e-mobility.abb.com/

About Vourity

Vourity is a uniquely simple cloud-based platform for unattended payments, sales and access. Our mission is to simplify people’s everyday lives, one payment solution at a time, whilst creating new revenue streams and reducing costs for businesses. Whether it be providing electric car owners with a solution to easily pay for charging everywhere without the hassle of having to download a gazillion apps from different providers – or be it a solution enabling customers 24/7 self-service access to products or services that otherwise would require staff – Vourity has a cost efficient and user-friendly solution to strengthen the user experience and reduce consumer barriers.