• by Ray Schultz , Yesterday

Dow Jones has acquired another information business, Eco-Movement, a global platform for electronic vehicle (EV) charging station data.

The terms were not disclosed.

Based in Utrecht, Netherlands, Eco-Movement collects and enriches EV charging station data, and has built a data platform with public and semi-public EV charging points and their real-time availability. 

Eco-Movement will operate as part of OPIS, Dow Jones’s energy business.

Dow Jones Energy grew by 11% over the prior fiscal year, increasing its segment revenue to $278 million and contributing to the company’s revenues for the full year of $2.33 billion.

“Eco-Movement is an incredible addition to our Dow Jones Energy portfolio at a time when we expect the EV market to grow globally,” says Almar Latour, CEO of Dow Jones and publisher of The Wall Street Journal.

Latour adds,“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.”

Dow Jones was an early investor in Eco-Movement, participating in the company’s Series A funding in 2022. Eco-Movement has since increased revenue by more than 200%.

“Joining OPIS, part of Dow Jones, marks an exciting new chapter for Eco-Movement,” says Roderick van den Berg, co-founder and CEO of Eco-Movement. “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.”

Dow Jones has made other strategic acquisitions this year, including Oxford Analytica and Dragonfly Intelligence.These complement the Dow Jones Risk & Compliance product suite.