12. September 2017

FEV Group acquires EVA Fahrzeugtechnik GmbH and reinforces its expertise in high-power high voltage batteries

With the integration of EVA Fahrzeugtechnik, FEV Group is further reinforcing its development capacity for the e-mobility market.

Contract Signing FEV and EVA

Integration of EVA Fahrzeugtechnik into the FEV Group: sitting from left ro right: the former shareholder Werner Irrgang, Professor Stefan Pischinger, President and CEO of FEV Group: former EVA shareholder Michael Schirrmeister, Sami Sagur, CFO of FEV Group and Marcus Mülleneisen, Managing Director of EVA Fahrzeugtechnik GmbH

On September 12, 2017, globally operating engineering service provider FEV acquired the e-mobility and high voltage battery development specialist EVA Fahrzeugtechnik. Through this strategic expansion, FEV, a leading provider of engineering services for vehicle technologies, is significantly expanding its expertise in the Electronics & Electrification segment. With more than 220 experts, EVA develops high-power, high-voltage batteries that meet strict requirements regarding energy content, range, resistance, temperature resistance, weight and, of course, costs from the headquarters in Munich. 

“The market share of hybrid and fully electric drivetrains continues to grow, while the expansion of range and performance in electric vehicles is placing new requirements on the development of batteries. With the integration of EVA Fahrzeugtechnik, FEV is significantly reinforcing its expertise in this area,” said Professor Stefan Pischinger, President and CEO of the FEV Group. 

“We have long known that the future of automobiles is electric. This is also why we identify ourselves with the entire process, from the first concepts to systems, components, integration and validation to charging infrastructure,” explained Marcus Mülleneisen, Managing Director of EVA Fahrzeugtechnik GmbH. He added: “We consider ourselves to be the perfect complement to the current skill sets at FEV and look forward to the collaboration.”

EVA Fahrzeugtechnik GmbH was founded in 1994. The spectrum of the engineering service provider in vehicle technology ranges from engine control of the vehicle to functional safety to the validation of vehicle interiors and exteriors design. With its innovative services and products in the area of energy storage and electric machines, EVA Fahrzeugtechnik GmbH is already a force to be reckoned with in the German automotive industry. The design and development of stationary battery storage is a new business area. EVA Fahrzeugtechnik makes use of its significant expertise in the area of high-voltage vehicle batteries for the build of prototypes in the stationary area. The focal areas include small systems for typical single-family homes, major systems in the megawatt range, and participation in the primary reserve market, where energy can be stored on a large scale.

About FEV

FEV has always pushed the limits.
FEV is an internationally recognized leader of innovation across different sectors and industries. Professor Franz Pischinger laid the foundations by combining his background in academia and engineering with a great vision for continual progress. The company has supplied solutions and strategy consulting to the world's largest automotive OEMs and has supported customers through the entire transportation and mobility ecosystem. 

As the world continues to evolve, so does FEV.
That’s why FEV is unleashing its technological and strategic expertise into other areas. It applies its forward thinking to the energy sector. And its software and system know-how will enable the company to lead the way making intelligent solutions available to everyone. FEV brings together the brightest minds from different backgrounds and specialties to find new solutions for both current and future challenges. 

But FEV won’t stop there. 
Looking ahead, FEV continues to push the limits of innovation. With its highly qualified 7000 employees at more than 40 locations globally, FEV imagines solutions that don’t just meet today’s needs but tomorrow’s. Ultimately, FEV keeps evolving – to a better, cleaner future built on sustainable mobility, energy and software that drives everything. For the companies’ partners, its people and the world.
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