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Innogy to put electric vehicle business into separate company

December 27, 2018

Via: Reuters

FRANKFURT (Reuters) – German utility Innogy is putting its business serving the electric car industry into a standalone company, separate from its main business as an energy supplier.

“This pooling of our eMobility business is our response to the current challenges of an increasingly fast-growing market”, Innogy manager Martin Herrmann said in a statement on Thursday.

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