ev.energy, a leading electric vehicle (EV) managed charging software platform, proudly announces its selection for the California Energy Commission (CEC)’s competitive “Responsive, Easy Charging Products With Dynamic Signals” (REDWDS) grant. This grant, totaling up to USD41 million in public funding, aims to make affordable EV charging accessible to all Californians. Partnered with select utilities and Community Choice Aggregators (CCAs), the funds will facilitate the enrollment of EV drivers into managed charging programs, thereby establishing a dynamic EV virtual power plant (VPP). Under the ChargeWise program, this matched funding will support scaled-managed charging for 275,000 EV drivers in California, with a particular emphasis on assisting utility and CCA partners in serving disadvantaged communities. Over the next four years, these communities will collectively receive incentives exceeding USD50 million.
As California prepares for the influx of millions of EVs onto the grid, ensuring a sustainable and reliable power system becomes paramount. Through ChargeWise, utilities and CCAs can extend their managed charging services to Californians, leading to savings on energy bills, deferred grid upgrades, and an expedited transition to clean power sources. Ultimately, this initiative will grant EV drivers access to affordable charging while enhancing the grid’s reliability and capacity to integrate renewable energy sources.
In 2024, ev.energy will kick off Phase 1 of the ChargeWise program in partnership with MCE, Silicon Valley Clean Energy, Peninsula Clean Energy, and Southern California Edison, enrolling thousands of EV drivers. Phase 2, slated to commence in late 2024, will scale up to 275,000 drivers—equivalent to 5 percent of California’s estimated EV fleet—by collaborating with existing and new utility and CCA partners in California. Notably, half of the program’s participants will hail from disadvantaged communities as defined by the CEC.
With a global presence spanning North America, Europe, and Australia, ev.energy has facilitated over eight million charging sessions and oversees a virtual power plant comprising over 120,000 drivers. The company’s wireless, hardware-agnostic technology has been adopted by more than 30 utilities worldwide. This recent grant funding follows ev.energy’s successful completion of a USD33 million Series B raise, which the company is utilizing to fortify grid resilience across North America.
