DBT: DBT: EUR 1.5 million to boost its technology – 09/23/2022 at 08:45

European pioneer and expert in electric mobility, the DBT Group (Euronext Growth – ALDBT) offers innovative and sustainable solutions for the energy transition.

The French company announces that it has received a grant of EUR1.5m

linked to the European recovery fund React-EU. The aid will finance the innovations deployed in its new fast and ultra-fast charging ranges.

Obtaining this grant is an important step in the group’s development strategy. A major player in the fast charging market,

DBT is currently experiencing strong development and 3-digit growth

possible thanks to the combination between high-performance products and the technical and financial requirements of the market. This aid will reinforce the means put in place to support the three pillars of an industrial policy resolutely oriented towards eco-sustainability.

• Even more efficient technology
  
  : commercialization in 2023 of a new range that allows charging between two and three times faster, anticipating future communication and payment standards

• A robust industrial strategy
  
  : Prioritization of local supplies for products manufactured by contracted employees in the Hauts-de-France employment area, with the aim of shortening delivery times and production time.

• A commitment to the environment
  
  : reliable and highly maintainable infrastructures, extending their useful life and reducing the carbon footprint of projects.

Thanks to this subsidy, which covers almost 85% of the investments

of the project until 2023, DBT plans to hire up to 15 people at its Brebières plant. The announcement of this boost is a reminder of the company’s efforts to finance its development plan. In July 2021, DBT had already announced that it had secured a grant from France-Relance that would increase the capacity of its northern plant tenfold by expanding production space and acquiring high-end test equipment.

The DBT technology project was selected by the Hauts-de-France Region, responsible for allocating Feder REACT-EU funds. React-EU is the acronym for ”

Recovery assistance for Europe’s cohesion and territories

“. The objective of this endowment is to provide financial support to project promoters to contribute to economic recovery. The program prioritizes the ecological and digital transitions for a smart and sustainable post-pandemic recovery.

”

I would like to especially thank the Hauts-de-France region, which supported us in obtaining this grant. The race for excellence in the design and manufacture of complex technological equipment leads us to constantly innovate to offer the market reliable, fast and easy-to-maintain solutions. This financing will allow us to reinforce our strengths on the strengths that make us successful today: quality products with a sustainable industrial model. This is the challenge of this financing program that values ​​the know-how of the territories to develop eco-sustainable solutions for the mobility of the future. »,

concludes Alexandre BORGOLTZ, Director General of DBT

ABOUT DBT

Founded in 1990, DBT is an industrial group specializing in energy management for the development of urban space and charging systems for all electric vehicles. Originally a supplier of electrical current transformers, the group now offers 4 ranges of activities:

• The DBT Ingénierie subsidiary offers access control and power distribution solutions, as well as low-voltage current transformers.

• The subsidiary DBT-CEV has been a recognized player for more than 30 years in innovative charging infrastructures for electric vehicles. The company has created a wide range of charging stations for normal (3 to 8 hours), accelerated (1 to 3 hours), fast (-30 minutes) and ultra-fast (-20 minutes). In 2018, DBT-CEV renewed 100% of its range of 7kW boxes, 7/22kW terminals and latest generation fast chargers from 50 to 150kW for all vehicles on the market, and the chargers of the future 350kW to dispense, and 150kW /900V for electric trucks and buses. With more than 2,500 fast chargers installed in 37 countries, DBT-CEV is a major player in the electric mobility market in Europe. Discover our range of chargers at www.dbt.fr/dbt-cev

• The subsidiary R3 is accelerating the transition towards more environmentally friendly mobility by addressing the challenges that are holding back the adoption of electric vehicles: R3 makes available to users a network of ultra-fast charging stations with terminals of up to 150 kW. For more information on R3: www.R3-charge.fr

• The Educare by DBT subsidiary, created in 2016, specializes in training Electric Vehicle Recharging Infrastructures (IRVE) and in training approved EV maintenance technicians.

Headquartered in Brebières in Hauts-de-France, the DBT group has been listed on Euronext Growth since December 2015.

DBT Group – Horizon Park 2000 – Rue Maurice Grossemy – 62117 Brebières

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