eMotorWerks Partners with EDF in Expansion of JuiceNet Internet of Things Electric Vehicle Charging Technology
San Carlos, Calif., September 20, 2017 -- Further expanding its reach as the leader in internet of things electric vehicle charging solutions, eMotorWerks announced a new partnership with EDF. The partnership, based on due diligence from EDF Innovation Lab located in Silicon Valley, provides EDF with cloud-connected and intelligent charging stations (EVSE) using eMotorWerks’ charging hardware and its JuiceNet software platform. The charging solution aims to empower customers to charge their EVs on clean energy, while providing a valuable software platform on which EDF can develop new solutions.
“Electrification of the transportation sector is essential for reaching our ambitious decarbonization goals,” explained Jan van der Lee, Vice President of R&D and Innovation at EDF. “EDF has studied EVSE platform technology for a number of years, and eMotorWerks, with its state-of-the-art and fast-learning platform solution and expanded list of charging hardware options, has shown to be a viable partner from a technical and commercial standpoint. And the grid service capabilities give utilities the option to keep fossil fuel generation sources dormant and meet peak load requirements through demand response.”
By utilizing JuiceNet smart-grid optimizations, EDF will be able to leverage renewable energy generation by tapping into solar and wind over-generation to charge EVs, as well as partake in smart grid incentives through scheduled charging. This collaboration allows EDF and its customers to shape electric load, avoid peak energy costs, and improve grid reliability by better managing energy ramps and other peak demand on the grid.
“EDF has a long history and incredible vision for supplying innovative renewable ideas to their customers, and we’re pleased to provide core intelligence around load management for their EV charging solutions,” said Valery Miftakhov, founder, and CEO of eMotorWerks. “With this collaboration, EV drivers can be more confident that they are in good hands when integrating our JuiceNet cloud solutions and proven JuiceBox EVSE technology through EDF’s expertise and network. Together we will offer the best smart charging products to power the impressive EV adoption growth across North America.”
The growing eMotorWerks software and grid services business is enabled by its award-winning JuiceNet platform, which employs automated, multi-tiered control algorithms and load balancing to allow EV drivers the flexibility to charge their cars on the cleanest and least expensive energy available. The JuiceNet platform gives utilities improved real-time visibility of major grid parameters and control of EV charging demand. With this visibility, eMotorWerks helps grid operators and utilities improve load distribution and grid stability while minimizing the need for expensive generation or transmission & distribution infrastructure upgrades.
This agreement with EDF marks yet another white-label partnership for eMotorWerks’ JuiceNet platform. The EDF brand joins a growing list of key software development partners that are delivering innovative energy applications atop the JuiceNet platform. This news comes on the heels of a recent price reduction of the newest models of eMotorWerks charging stations and the company’s listing as the 16th fastest growing company in Silicon Valley and the 19th fastest growing energy company in the US by the Inc. 5000 list. Other notable partnerships for eMotorWerks include global EVSE solutions providers AeroVironment, Share&Charge (Division of Innogy), Volta and Webasto, and the cashless payment solution provider Nayax. eMotorWerks has deployed over 22,000 smart-grid charging stations to date, with top rated products on Amazon and other direct and reseller channels.
EDF (Électricité de France) is a global, integrated energy company and the world’s largest electricity producer. EDF’s 140 GW’s of generation capacity and 158k employees across 30+ countries generate over 650 TWH’s of electricity for 40M customers – and 85% of that electricity is carbon free. In the US, EDF operates different entities including EDF Renewable Energy, a subsidiary of EDF Energies Nouvelles and a leading U.S. independent power producer boasting over 30 years of experience across a broad spectrum of services. EDF Innovation Lab, based in Los Altos (CA), researches transformative and disruptive technologies and evaluates innovative business opportunities for EDF Group.
eMotorWerks Increases Revenues with Utility Grid Services and Reduces Prices on JuiceNet Electric Vehicle Charging Stations
San Carlos, Calif., August 29, 2017 -- eMotorWerks, the creator of JuiceNet, the leading internet of things electric vehicle charging platform, is reducing retail prices for the newest version of its best-selling smart charging stations by $50 a unit. The reduction of upfront pricing for JuiceNet-compatible charging equipment is stimulated by the scale up of flexible electrical load capacity on the JuiceNet platform, the monetization of that load for utility demand response, and manufacturing cost reductions. The company’s fleet of over 22,000 stations, which corresponds to over 200 MW of peak flexible load, provides a robust installed base for third-party applications and to balance renewable generation and provide other energy services to electric grids.
“Our goal has always been to enable effective integration of electric vehicles into electric grids around the world and provide grid balancing services to grid operators, utilities, and even large commercial electricity consumers,” said Val Miftakhov, CEO of eMotorWerks. “The strong adoption of our platform we’ve seen from EV drivers and utility partners this year is enabling us to further accelerate our progress. We’re seeing larger and more predictable revenue streams from that side of our business, and it’s only right that we pass some savings back to our customers in the form of upfront pricing reductions and discounts for energy programs enrollment. We firmly believe that our approach to EV charging will accelerate both EV adoption and penetration of renewable generation on our grids.”
The eMotorWerks growing software and grid services business is enabled by its award-winning JuiceNet platform, which employs automated, multi-tiered control algorithms and load balancing to allow EV drivers the flexibility to charge their cars on the cleanest and least expensive energy available. At the same time, the JuiceNet platform gives utilities improved real-time visibility of major grid parameters and control of EV charging demand. With this visibility, eMotorWerks helps grid operators and utilities improve load distribution and grid stability while minimizing the need for expensive generation or transmission & distribution infrastructure upgrades. Additionally, these grid services give utilities the option to keep undesirable, fossil fuel generation sources dormant and meet peak load requirements through demand response.
In anticipation for the predicted growth of EV sales in coming years, eMotorWerks facilitated the rollout of JuiceNet enabled charging stations to multiple utilities specifically for their grid advantages, including Pacific Gas and Electric (PG&E), Sonoma Clean Power, one of the leading Community Choice Aggregators in California, as well as automotive OEM provider Aerovironment and others.
“With up to 60 million EVs on the road globally by 2040, the intelligent management of EV charging loads is critical to maintaining grid reliability,” said Geof Syphers, CEO of Sonoma Clean Power. “Since utilities like ours have long planning horizons, partnering with eMotorWerks to deploy intelligent charging stations in our territory today puts us ahead of the curve for managing current and future load demands, while we continue to increase our local generation of renewable energy resources.”
In addition to the increasing number of energy service deployments, eMotorWerks is delivering strong results from its Beta release of its JuiceNet platform API. The API allows third-party developers to quickly develop and deploy sophisticated EV charging applications on top of the largest smart EV charging network in the United States. Some recent examples of such successful third-party developments include a blockchain-based EV charger sharing application by Share&Charge (Division of Innogy), an ad-supported free EV charging application by Volta, a smart EV charging application by Webasto, and the open-payment commercial EV charging application by Nayax.
New pricing for the UL-certified JuiceBox Pro 40 and JuiceBox Pro 40 Lite are $599 and $549, respectively. In addition, eMotorWerks is offering a $50 discount for California customers signing up for its JuicePoints rewards program, allowing EV drivers to charge their vehicles in ways that maximize the use of renewable energy and minimize their contribution to grid congestion. The JuicePoints rewards program also provides ongoing cash rewards to participating EV drivers, depending on their levels of participation.
eMotorWerks and Volta Partner to Launch First Ad-Supported Smart-Grid Electric Vehicle Charging Stations
San Francisco, Calif., August 08, 2017 -- Seeking to increase the use of renewable energy and lower energy costs for its network of free-to-use, ad-supported electric vehicle charging stations, Volta has teamed with eMotorWerks to incorporate eMotorWerks’ smart-charging technology throughout its nationwide network of stations. By using eMotorWerks hardware and software platform, Volta’s customers can access reliable, high-power, grid-friendly charging across the rapidly growing number of stations in their territories. Via JuiceNet, this daytime electric load can now be coordinated with regional utilities, diversifying their resource portfolio and ensuring EV charging occurs with a cleaner energy mix.
“Electric car drivers across the U.S. are demanding broad access to EV charging infrastructure. With this demand, we want to ensure that our drivers are using only the cleanest energy on the grid, which is made possible through the eMotorWerks JuiceNet solution”, says Scott Mercer, CEO at Volta Industries. “We are on track to double our free EV charging networks through the calendar year and partnering with eMotorWerks enables us to deliver on not only needs of the driver for charging, but also utilities throughout our network who are actively looking to combat grid overload and promote clean energy usage.”
The partnership with Volta further complements eMotorWerks’ EVSE and energy management platform by making its JuiceNet technology more accessible throughout the nation’s largest free EV charging network. The JuiceNet platform affords automated, multi-tiered control algorithms and load balancing that enables multiple charging stations to operate simultaneously under “peak load” settings that help avoid peak demand charges, excessive strain on local electrical circuits and the local grid as a whole. In addition, eMotorWerks market-leading JuiceBox charging station platform will be deployed in the Volta network, chosen for its robust networking capabilities, high-power performance, and proven reliability.
Through this partnership, Volta will also co-locate standard JuiceNet-enabled level 2 charging stations, such as JuiceBox and JuiceStation, that complement Volta’s existing fleet of free chargers to enable property owners and managers, to better support the growing number of EV drivers in their network locations.
“We are delighted to now offer our smart-grid enabled technology throughout Volta’s growing network of public EV charging stations,” said Val Miftakhov, CEO of eMotorWerks. “After establishing ourselves as an industry leader and innovator in advanced residential charging solutions for electric vehicles, it’s a natural fit to provide our technology to public charging stations through partnerships such as this one with Volta. Additional daytime charging load will also help advance our long term mission of driving higher penetration of renewable generation via smart EV load control.”
This news comes on the heels of other notable partnerships for eMotorWerks such as global EVSE solutions providers AeroVironment, Share&Charge (Division of Innogy) and Webasto. In late 2016, eMotorWerks announced another public EV charging partnership with cashless payment solution provider Nayax to create their joint-solution JuiceStation / EVMeter.
About Volta Charging
Volta continues to expand its free, electric vehicle charging network at high-profile properties with the mission to inspire sustainable behavior while providing brands exclusive access to audiences in a unique and highly engaging way. Charging networks include San Francisco, Los Angeles, San Diego, Phoenix, Honolulu and Chicago. Learn more at www.voltacharging.com.
eMotorWerks listed #353 on Inc. Magazine’s 36th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
NEW YORK, San Carlos, Calif., August 16, 2017 -- Inc. magazine today ranked eMotorWerks number 353 on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
“We’re thrilled to be ranked among some of the fastest growing companies in the country,” said Val Miftakhov, CEO of eMotorWerks. “Since the beginning, we’ve been dedicated to serving electric vehicle drivers with the most intelligent and versatile charging solutions available. In a short three years since launching JuiceBox, we’ve sold over 20,000 stations, achieved a top seller ranking on Amazon and grown to a team of 45. This ranking is a reflection of the hard work of the entire eMotorWerks team and we are honored to accept the award.”
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
The annual Inc. 5000 event honoring all the companies on the list will be held from October 10 through 12, 2017 at the JW Marriott Desert Springs Resort & Spa in Palm Desert, CA. Speakers include some of the greatest entrepreneurs of this and past generations, such as former Ford president Alan Mullaly, FUBU CEO and founder and “Shark Tank” star Daymond John, Dollar Shave Club founder Michael Dubin, researcher and #1 New York Times bestseller Brené Brown, and Gravity Payments’ founder and CEO Dan Price.
Much of eMotorWerks’ success has come from the company’s line of JuiceNet enabled charging stations and the JuiceNet platform itself. JuiceNet and its associated application programming interfaces (APIs) provides innovative utilities, grid operators and “load aggregators” the ability to aggregate fleets of charging EVs and modulate energy demand on the grid, to allow for collective EV load shifting to times when renewable resources are more abundant and or energy rates are lower. In 2017, eMotorWerks has announced partnerships with multiple third-party EVSE companies such AeroVironment (NASDAQ:AVAV), the free ad-supported Volta charging network, top-tier OEM supplier Webasto, and the cashless payment provider Nayax. The company is also collaborating in German with conenergy, to create solar-optimized EV charging solutions that increase utility tariff savings for commercial and residential solar owners, and with Share&Charge to establish North America’s first peer to peer EV charging network. Additionally, utilities such as Sonoma Clean Power work with eMotorWerks to provide free smart-grid enabled charging stations and reward programs to EV drivers in their region.
More about Inc. and the Inc. 5000
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/inc5000.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit www.conference.inc.com.
eMotorWerks and Share&Charge Deliver North America’s First Peer to Peer Electric Vehicle Charging Network with Blockchain Payments
San Francisco, Calif., USA July 11, 2017 -- Starting this summer, California residential and commercial owners of electric vehicle charging stations enabled with eMotorWerks’ JuiceNet smart-grid charging technology will have the opportunity to rent out charging time on their stations to EV drivers participating in a new peer to peer (P2P) network powered by MotionWerk’s Share&Charge open platform. Share&Charge was founded by the innogy Innovation Hub whose purpose it is to evolve an innovation portfolio for innogy SE, Germany’s leading energy company. The Share&Charge mobile app connects EV drivers with available residential and commercial EV charging stations and facilitates blockchain-based payments from visiting EV drivers to station owners. The new sharing platform aims to increase the availability of public charging stations and decrease range anxiety current and prospective EV drivers experience. This partnership marks the first peer to peer charging network to use blockchain technology in North America.
“In today’s marketplace, the availability of public EV charging is still of concern to potential EV drivers. However, P2P charging opens the opportunity to break free of infrastructure limitations and gasoline oligopolies to access electricity for their cars,” says Dietrich Sümmerman of Share&Charge. “By establishing networks of individuals willing to share their EV charging stations, we are opening up more charging options to EV drivers, while at the same time ensuring station owners are compensated accordingly. As one of the most popular EV charging solutions in the United States and Europe, eMotorWerks is the perfect partner for our debut in the United States. With this new sharing technology we are bringing to North America, we aim to prove how blockchain technology can make sharing and payment easier and more efficient. We are excited to enable anyone, from individual, to small company or large utility to share their charging stations for an accelerated growth of emobility.”
Expanding its P2P charging network already established in Germany, Share&Charge leverages decentralized and transparent Ethereum-powered blockchain technology to allow people to interlink with each other to share and bill products and services securely and conveniently. Through the app, residential and commercial owners of JuiceNet enabled stations can share their charging asset with other EV drivers in the network. Meanwhile, any EV driver can download the Share&Charge app to see available charging facilities on a map and navigate to the closest charging station for charging. With a few clicks in the app, the station owners can choose the times to share their service with others and set the price to charge visiting drivers.
California owners of any JuiceNet enabled devices who would like to share their charging stations are eligible to participate in the new P2P network, but initial participation will be limited on a first-come first-serve basis. Currently compatible devices include charging stations such as eMotorWerks JuiceBox Pro, Aerovironment EVSE-RS JuiceNet Edition, Clipper Creek HCS-40 JuiceNet Edition, and Nayax EVMeter. Additionally, the new service is compatible with eMotorWerks’ JuicePlug smart-grid charging adapter that allows any charging station by any manufacturer to participate in the program. All drivers of an electric vehicle can sign up to make use of the shared residential charging stations.
“One common issue we see in the growth of EV adoption is ‘range anxiety,' which stems from an overall lack of charging stations for some shorter-range EVs currently on the market. To accelerate the EV revolution, we must increase the number of charging options available,” says Val Miftakhov, CEO of eMotorWerks. “By allowing individuals and companies both small and large to make their stations accessible to the public, and to be be paid for their use, station owners gain the opportunity to have their station pay for itself over time, while drivers can feel confident in knowing they’ll always have enough charge to get where they are going.”
Share&Charge is the first product of MotionWerk, a startup of the innogy Innovation Hub that is part of innogy SE. It is the first global peer-to-peer (P2P) marketplace for electric charging enabled by blockchain. Share&Charge enables people and small-to-midsize enterprises (SMEs) to share their charging stations via a freely available app, thereby helping to advance e-mobility and convert personal charging stations into money-generating machines. Share&Charge is part of MotionWerk's vision of a global mobility transaction platform enabling seamless transport everywhere whilst reducing costs for both travellers and transport providers.