eMotorWerks Electric Vehicle to Grid Charging Platform Sales Increase 100% for Third Consecutive Year
With over 18,000 charging stations installed globally, eMotorWerks' exponential growth is bolstered by key smart-grid EVSE partnerships.
SAN CARLOS, Calif., May 23, 2017 /PRNewswire/ -- Showing strong traction in the growing electric vehicle market, the sales and user base of eMotorWerks is growing exponentially. In the past 12 months, eMotorWerks has increased both its sales and customer base to over 18,000 charging stations installed globally. The year 2016 was also the third consecutive year in which eMotorWerks doubled its revenues, making it one of their most successful years to date. This continued expansion coincides with eMotorWerks' recent partnership with multiple third-party EVSE companies such AeroVironment (NASDAQ:AVAV), top-tier OEM supplier Webasto, and the cashless payment provider Nayax. These are among the many product companies who are enabling their charging stations with JuiceNet cloud software to create an open platform for smart-grid EV charging that leverages abundant renewable energy while offering utility-coordinated aggregation for load balancing and control.
"Our smart grid charging solutions continue to gain significant growth because we solve problems that directly affect EV drivers, charging station equipment manufacturers as well as utility operators," said eMotorWerks CEO, Val Miftakhov. "Beyond the well publicized growth the EV industry will enjoy during the next five years, a massive challenge lies ahead: the ability for electricity providers to charge EVs while maintaining a reliable grid for everyone, while at the same time taking advantage of the abundant and less expensive solar and wind energy available on our grid. Our solution primes operators for the upcoming grid demand while also providing an intuitive and convenient solution for drivers that doesn't impact usage of their vehicles: smart-grid charging stations from a variety of leading vendors all linked to our JuiceNet open-standards based communications and control platform. We offer a proven track record of robust, reliable and enduring solutions for utilities and EV drivers who are looking to further prepare for the accelerating growth in EV adoption."
Much of eMotorWerks' success has come from the company's JuiceNet platform. JuiceNet and its associated 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. Beyond AeroVironment and Nayax, eMotorWerks also partnered with the German energy company, conenergy, to create solar-optimized EV charging solutions that increase utility tariff savings for commercial and residential solar owners. 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.
"In addition to manufacturing jobs we're creating by designing and assembling cutting-edge electric vehicle charging stations here in the USA, these home grown, renewable sources of energy create high-quality local jobs," said Preston Roper, COO of eMotorWerks. "Rather than sending petro-dollars overseas to fuel internal combustion engine vehicles here at home, eMotorWerks is enabling the EV revolution to benefit a variety of parties, from assembly line workers to automotive and utility participants, to drivers."
Beyond revenue and user growth, eMotorWerks has also grown its workforce to a total of over 40 employees, across its California-based headquarters and European development and sales offices. This past year eMotorWerks has welcomed to the team:
- Alec Brooks, Director of Product Management - (formerly Vice President and CTO, Efficient Energy Systems at AeroVironment)
- David Schlosberg Director, Energy Market Operations - (former Principal, Energy Market Analysis at Google Alphabet Access & Energy)
- Scott Williams, Vice President, Business Development, Global Automotive Markets- (former Vice President, Business Development at ChargePoint)
eMotorWerks recently won a 2017 Grid Edge Award and has been invited to present their solution this year at Energy Storage North America, EES North America, See4All Forum, California's Distributed Future and the 2017 Community Choice Symposium.
About eMotorWerks
Founded in 2010, and based in the San Francisco Bay Area, eMotorWerks is revolutionizing the electric vehicle (EV) charging market with its JuiceNet-enabled smart grid EV charging solutions. JuiceNet enabled devices, such as the company's connected, high-power JuiceBox charging stations, maximize charging efficiency and speed while providing EV owners intuitive control and visibility. By shifting when and how much electricity JuiceNet-enabled stations draw from the grid, eMotorWerks helps utilities and grid operators reduce electricity costs, ease grid congestion, and maximize the use of solar and wind power. eMotorWerks grows the EV charging ecosystem by partnering with EVSE and EV manufacturers to provide an extensive cloud platform for grid balancing and optimization for utilities.eMotorWerks is a 2017 Grid Edge Award winner. For more information on eMotorWerks, please visit www.emotorwerks.com. Follow us on Twitter (@eMotorWerks), on LinkedIn (https://www.linkedin.com/company/electric-motor-werks-inc-) and Facebook (https://www.facebook.com/eMotorWerks).
SOURCE eMotorWerks
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