DBT – DBT: EUR 1.5m to boost its technology – 2022-09-23 8:45 am

A pioneer and European 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 on its new fast and ultra-fast charging ranges.

Obtaining this grant is a major 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 made possible by the match between high-performance products and the technical and financial requirements of the market. This aid will strengthen the means put in place to support the three pillars of an industrial policy resolutely geared towards eco-sustainability.

  • Even more efficient technology : marketing in 2023 of a new range allowing two to three times faster charging, which anticipates future communication and payment standards
  • A robust industrial strategy : Prioritization of local supplies for products manufactured by employees recruited in the Hauts-de-France employment area, with the aim of shortening delivery times and production time
  • A commitment to the environment : reliable infrastructures with high maintainability, extending their lifespan 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 in its plant in Brebières. 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 obtained a France-Relance subsidy which would increase the capacity of its northern plant tenfold by extending the production space and acquiring high-end test equipment.

DBT’s technological project was selected by the Hauts-de-France Region, decision-maker in the allocation of Feder REACT-EU funds. React-EU is the acronym for “Recovery Assistance for Cohesion and the Territories of Europe“. The purpose of this envelope is to provide financial support to project promoters to contribute to economic recovery. The program prioritizes ecological and digital transitions for a smart and sustainable post-pandemic recovery.

I would particularly like to 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 in order to offer the market solutions that are reliable, quick and easy to maintain. This funding will enable us to strengthen our strengths on the strengths that make us successful today: quality products with a sustainable industrial model. This is the challenge of this funding program which highlights the know-how of the territories to develop eco-sustainable solutions for the mobility of the future. », concludes Alexandre BORGOLTZ, Managing Director 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 energy distribution solutions, as well as low voltage current transformers.
  • The DBT-CEV subsidiary 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 normal (3 to 8 hours), accelerated (1 to 3 hours), fast (- 30 minutes) and ultra-fast (- 20 minutes) charging stations. 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 on www.dbt.fr/dbt-cev
  • The R3 subsidiary is accelerating the transition to more environmentally friendly mobility by tackling the challenges that are slowing down the adoption of electric vehicles: R3 provides users with a network of ultra-fast charging stations with terminals of up to to 150 kW. For more information on R3: www.R3-charge.fr
  • The Educare by DBT subsidiary, created in 2016, specializes in the training of Electric Vehicle Charging Infrastructures (IRVE) and in the training of EV approved maintenance technicians.

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

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

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