# Enel acquires eMotorWerks to enter US e-mobility market

Enel acquired eMotorWerks to provide grid balancing solutions and tap into the US e-mobility market.

- Type: Acquisition
- Announced: 2017-10-25
- Where: United States
- Status: completed
- Products: grid balancing solutions, e-mobility services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Enel](https://endata.com/companies/8759.md) (acquirer)
- [eMotorWerks](https://endata.com/companies/27528.md) (target)

## Sources

- [enel.com](https://www.enel.com/media/explore/search-press-releases/press/2017/10/enel-acquires-emotorwerks-to-provide-grid-balancing-solutions-and-tap-into-us-e-mobility-market), 2017-10-25: "ENEL ACQUIRES EMOTORWERKS TO PROVIDE GRID BALANCING SOLUTIONS AND TAP INTO US E-MOBILITY MARKET"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.