AutoBinck to acquire a strategic stake in The New Motion

AutoBinck to acquire a strategic stake in The New Motion

28-09-2015

AutoBink will acquire a strategic stake in The New Motion, reports the international automotive group from its headquarters in The Hague. This step also marks the start of a new division, dubbed Smart Mobility, in which AutoBinck will combine its initiatives focused on innovation in the world of mobility.

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The New Motion, the Amsterdam-based European market leader in the field of charging services for electric cars, is one of the new players breaking existing business models and developing new revenue models. Both parties see their participation as the beginning of a long-term strategic collaboration, says Paul Zekhuis, CEO of AutoBinck.

Zekhuis: ‘Within Europe, AutoBinck has over 100 years’ experience in the automotive field and has a large international network of car, leasing and parts companies. There are currently numerous new developments in the automotive sector. As a company we want to respond to them. One development is that of electrical mobility with associated charging infrastructure. Our investment in The New Motion is an important first step in becoming part of the latest developments.”

AutoBinck’s participation will provide The New Motion with a financial incentive for further expansion. In addition, international expansion can be accelerated by taking advantage of AutoBink’s extensive European network.

AutoBinck
Based in The Hague, AutoBinck is one of the main players in the European automotive market. It is active in eight European countries. The group has 50 subsidiaries spread over four divisions: Car Distribution & Retail, Leasing & Finance, Parts & Accessories and Smart Mobility. Its portfolio includes vehicle distribution companies and retailers of a range of major car brands, an internationally-active vehicle leasing company and a strongly growing parts distribution branch. AutoBinck also invests in new forms of mobility which will fall under the Smart Mobility division. AutoBinck has 2,000 employees. Annual turnover is around 1 billion euros, making it one of the 20 largest automotive groups in Europe.

The New Motion
The New Motion, founded in 2009, offers advanced charging solutions for drivers of electric vehicles (EV) and EV-charge locations. All our activities aim to facilitate drivers of (Plug-in Hybrid) EV’s to be able to drive as many kilometers on electricity as possible using, as much as possible, electricity retrieved from renewable energy sources. Electric driving is a fantastic experience and it’s not only great for the environment but it’s also great for your wallet. We make electric driving easy and fun. In the last 5 years The New Motion has installed 20.000 intelligent charge points. By using The New Motion charge card, drivers can access The New Motion’s charge network consisting of 20.000 public charge points spread across Europe. The New Motion charge network is the largest, fastest growing and most intensely used charging networks in Europe. A growing number of European EV drivers use The New Motion products and services, including Europe’s most interoperable charge pass. We also offer charging solutions to companies for (commercial) operation of chargers, and work closely together with leasing companies and car manufacturers. The New Motion is continuously expanding its charging network in and outside The Netherlands. Also in Belgium, Germany, Luxembourg, Austria, Switzerland, Finland and the United Kingdom EV-drivers can charge their EV’s at The New Motion charge points and use our comprehensive offering of charging services. www.thenewmotion.com

Photography (left to right): Sander Ouwerkerk, Michel Cornelissen, Sytse Zuidema, Paul Zekhuis

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AutoBinck Group
Based in The Hague, AutoBinck Group is one of the main players in the European automotive market. It is active in eight European countries. The group has 50 subsidiaries spread over four divisions: Car Distribution & Retail, Leasing & Finance, Parts & Accessories and Smart Mobility. Its portfolio includes vehicle distribution companies and retailers of a range of major car brands, an internationally-active vehicle leasing company and a strongly growing parts distribution branch. AutoBinck also invests in new forms of mobility which will fall under the Smart Mobility division. AutoBinck Group has 2,000 employees. Annual turnover is around 1 billion euros, making it one of the 20 largest automotive groups in Europe.

The New Motion
The New Motion is the European market leader in the area of charging electric vehicles. With over 20,000 charging points, its charging network is one of Europe’s largest. The vast majority of all electrical vehicle drivers in the Netherlands and Belgium use The New Motion’s charging services. As a result of collaboration with different parties, clients with The New Motion charging card can charge their cars in the Netherlands, Belgium, Germany, the UK, Luxembourg, Austria and Finland. The New Motion is committed to making sustainable mobility as attractive as possible, which is good for both the environment and our wallets. Electric driving is a fantastic experience that demands a change of rhythm and habit. For this reason, The New Motion helps drivers of electric vehicles with charging solutions (services and products) to make the best possible use of sustainable energy both now and in the future. This will enable us to drive as many kilometres as possible electrically and sustainably. www.thenewmotion.com.