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Schneider counting on new markets for growth

Oct. 29, 2010
Francois de Beaupuy of Bloomberg got some time with Schneider Electric's executive vice president in charge of strategy and innovation, Philippe Delorme, and reported that the company is expecting its newer ventures in electric vehicle (EV) charging ...

Francois de Beaupuy of Bloomberg got some time with Schneider Electric's executive vice president in charge of strategy and innovation, Philippe Delorme, and reported that the company is expecting its newer ventures in electric vehicle (EV) charging infrastructure, demand-response technology and residential energy-efficiency to contribute as much as 15 percent of the company's sales by 2015.

Delorme further said the company's acquisition interests focus on demand-response, building automation and industrial process automation, especially in emerging markets.

Bloomberg article