EV charging software provider WeaveGrid has formed a partnership with technology giant Oracle to help electric utilities launch and scale EV programs more quickly and cost-effectively. The collaboration enables WeaveGrid to offer utility clients streamlined delivery across Oracle Utilities applications by using Oracle’s Integration Hub. The cloud platform helps companies connect their various software systems,… Read more »
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LG Technology Ventures invests in WeaveGrid to advance EV-grid integration
WeaveGrid has announced a strategic investment from LG Technology Ventures, the venture capital branch of LG Group. The investment aims to advance WeaveGrid’s grid-interactive vehicle management platform, which enables EVs manufacturers and utility companies to securely integrate EVs into the electric grid. LG Technology Ventures says it is bringing energy storage expertise to WeaveGrid’s cohort… Read more »
WeaveGrid raises $28 million in funding for its EV-grid integration software
US-based EV charging software developer WeaveGrid has raised $28 million in financing led by Toyota’s growth fund, Woven Capital, to help automakers integrate their EVs with the electric grid while optimizing the charging experience for drivers. WeaveGrid’s EV Management System (EVMS) enables grid-integrated EV charging and offers vehicle-to-grid capabilities and power distribution optimization. The strategic… Read more »
WeaveGrid collaborates with Toyota to enable V2G integration with selected utilities
Vehicle-to-grid (V2G) technology is expected to support a cleaner, more resilient electrical grid, while enabling EV owners to save money while charging their vehicles. However, some sort of managed charging platform will be needed to match up EV owners with local utilities. Software provider WeaveGrid, in collaboration with Toyota, has developed just such a platform…. Read more »
WeaveGrid and Wallbox to offer utility-managed smart charging, starting in Colorado
California-based EV charging software developer WeaveGrid and Spanish EV charging equipment supplier Wallbox have partnered to expand North American Wallbox owners’ access to utility-managed charging programs, beginning with Xcel Energy’s Charging Perks Program in Colorado. The program optimizes residential EV charging times to align with low power grid demand and high availability of renewable energy… Read more »