Driivz has a big and rising variety of prospects within the utility, oil and gasoline, and automotive industries and amongst charging community operators, that are all main the best way within the fast adoption of electrical transport.
Photograph: Volvo Group
Volvo Group Enterprise Capital AB has invested in Driivz Ltd., a world EV charging software program firm which has developed a platform for managing giant charging networks for electrical autos from end-to-end.
The Driivz platform capabilities as an working system for electrical automobile (EV) charging networks and is utilized by the operators of charging factors, EV fleets and different key gamers within the ecosystem. The platform is scalable and modular, which makes it extremely versatile and permits it to be custom-made to satisfy prospects’ wants.
The corporate has a big and rising variety of prospects within the utility, oil and gasoline, and automotive industries and amongst charging community operators, that are all main the best way within the fast adoption of electrical transport.
“There’s a important and rising curiosity in electrical autos and machines amongst Volvo Group prospects, which is rushing up the transition to extra sustainable transport,” mentioned Erik Johansson, funding director of Volvo Group Enterprise Capital. “The collaboration with Driivz will play an essential function within the Volvo Group’s efforts to assist prospects to impress their transport options.”
A joint pilot mission between Volvo Vehicles, the Volvo Group and Driivz, it goals to develop and check new and modern charging companies to satisfy the precise wants of electrical truck prospects and drivers.
“The Volvo Group ambition is to supply state-of-the-art truck charging companies for a seamless charging expertise. Working with Driivz permits us to start placing our ambition into impact,” mentioned Marcus Anemo, senior innovation supervisor at Volvo Group Linked Options.
“We’re proud to be working with the Volvo Group, which is enjoying a number one function within the electrification of truck fleets,” mentioned Doron Frenkel, CEO of Driivz. “The funding reinforces our perception in our enterprise mannequin and can be used for geographic enlargement and steady product innovation.”
The function of Volvo Group Enterprise Capital is to make investments that drive transformation by facilitating the creation of recent companies and options and to help collaborations between start-ups and the Volvo Group.
Towards the background of the traits shaping the way forward for transportation and the strategic priorities of the Volvo Group, the important thing areas of funding for Volvo Group Enterprise Capital are logistics companies, web site options and electrical infrastructure. The group has a world scope, however presently focuses on Europe and North America.
The transaction has no important impression on the Volvo Group’s earnings or monetary place.
Data: volvogroup.com
Initially posted on Charged Fleet
