Dow Jones has announced its acquisition of Eco-Movement, a leading platform that specializes in providing data about electric vehicle (EV) charging stations. This strategic move allows Eco-Movement to operate as part of OPIS, Dow Jones’s expanding division focused on energy solutions.
Eco-Movement is based in Utrecht, Netherlands, and is recognized for its expertise in collecting and enhancing data related to EV charging points. The company has developed a comprehensive platform that tracks public and semi-public charging stations worldwide, providing real-time information on their availability. With nearly 2 million connectors across more than 80 countries, Eco-Movement’s data offerings will significantly enrich the range of energy-related products and services that Dow Jones provides to its customers.
The acquisition of Eco-Movement aligns perfectly with Dow Jones’s ongoing growth, particularly in its professional information business. This segment has achieved considerable success, offering a diverse range of products and services that cater to sectors such as risk management, research, and energy. In its most recent earnings report, the Dow Jones Energy division revealed an impressive growth rate of 11% from the previous fiscal year, which brought its revenue to $278 million. This success has played a key role in driving Dow Jones’s overall record revenue of $2.33 billion for the year.
By integrating Eco-Movement into its operations, Dow Jones is bolstering its energy division with high-quality data and analytics. This enhancement will support more informed decision-making for a diverse range of stakeholders, including retailers, fleets, charge point operators, utilities, and financial institutions. Furthermore, this acquisition builds upon OPIS’s existing activities related to the energy transition, which include areas such as carbon markets, clean fuels, solar power, and hydrogen.
Notably, Dow Jones has been involved with Eco-Movement since its early stages. The company was an early investor, participating in Eco-Movement’s Series A funding round back in 2022. Since that initial investment, Eco-Movement has experienced remarkable success, with revenue soaring by more than 200 percent.
This acquisition is just one of several strategic initiatives that Dow Jones has undertaken to strengthen its portfolio. Earlier this year, the company also acquired Oxford Analytica and Dragonfly Intelligence, both of which add valuable geopolitical risk and security intelligence to Dow Jones’s Risk & Compliance product suite.
KEY QUOTES:
“Eco-Movement is an incredible addition to our Dow Jones Energy portfolio at a time when we expect the EV market to grow globally. It’s a key element of giving our audience the proprietary data they need to make critical decisions. With this acquisition, our users can now see the entire spectrum of vehicle energy–from fossil fuels to electricity–around the world, and it’s all part of our strategy to enable customers to go deep on the topics they care about.”
Almar Latour, CEO of Dow Jones and Publisher of The Wall Street Journal
“Joining OPIS, part of Dow Jones, marks an exciting new chapter for Eco-Movement. As the leading charge point data platform, our mission has always been to provide EV charging location and pricing data services to empower the entire e-mobility ecosystem. By combining our industry-leading data platform with OPIS’s expertise and network, we can accelerate the transition to sustainable mobility and deliver even greater value to charge point operators, OEMs, navigation and map providers and analysts.”
Roderick van den Berg, Eco-Movement co-founder and CEO
