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German tech and manufacturing giant Siemens on Monday announced plans to set up its e-mobility business for vehicle charging under a new structure. The upcoming carve-out will combine Siemens eMobility and Heliox into a dedicated legal structure. “The new setup of eMobility will enable the business to accelerate profitability by focusing on high potential business segments and strategically relevant geographies. This business will be well positioned to foster new partnerships to increase customer access through new sales channels and enrich capabilities in new end markets,” said Matthias Rebel…

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