BOULDER, Colo.--(BUSINESS WIRE)--Jul 11, 2023--
With a target set for 50 percent of new vehicles in the US to be electric by 2030, and utilities and fleet operators are expected to play a critical role in managing the fast-growing EV charging ecosystem, Rhythmos and Driivz are teaming up to optimize EV charging for utilities and fleets. The Rhythmos utility-deployed solution can more than double charging capacity by optimizing charging schedules pushed through the Driivz EV charging and energy management platform to participating customers. The Driivz platform, which already manages tens of thousands of existing charging points globally, will soon optimize on-site charging of EV fleet vehicles consistent with the needs of the fleet operator and within the constraints of the utility infrastructure through integration with Rhythmos’ platform. Rhythmos and Driivz are targeting utilities in California to kickstart the partnership.
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Turning complexity into harmony. Rhythmos allows utilities to optimize charging schedules for fleet and EV customers via the Driivz electric vehicle (EV) charging and energy management platform. (Graphic: Business Wire)
“Electrified transportation plays a major role in decarbonization goals, yet, the industry faces many challenges along the way. To address these challenges, flexible energy management solutions are essential to provide the necessary capacity for EV charging while limiting the impact on the deployment of charging infrastructure. Finding the right mix between the two is crucial to avoiding network congestion, maximizing the use of clean electricity, and lowering charging costs,” said Doron Frenkel, founder and CEO of Driivz. “Our progressive solution for EV charging and energy management combined with Rhythmos’ utility expertise and technology is critical for the industry as high-volume EV charging soars.”
Rhythmos and Driivz have built software platforms spanning the EV charging ecosystem. Driivz provides charging and energy management solutions allowing utilities, automakers, and EV charging companies to deliver modular services to fleets, commercial and industrial buildings, residential buildings and other customers. Designed by utility professionals, the Rhythmos platform empowers utilities and fleet operators to optimize EV charging, enhance grid reliability, and accelerate the adoption of EVs. Utility professionals designed the company’s SaaS platform to address the growing impact of EVs on electric utilities and bring predictability, flexibility, and intelligent energy management to the grid, facilitating faster, more reliable, and cost-efficient EV adoption for fleets and utilities.
"The interface between EVs and the grid is becoming increasingly complicated, and most current solutions are, in effect, demand response management platforms looking to the utility for information they don't have the tools to provide. But Rhythmos and Driivz together can connect the critical dots to manage the complex charging ecosystem," said Ken Munson, CEO of Rhythmos. "For a typical utility using our platform, we estimate that EV penetrations can double, or more, compared to unmanaged or time-of-use based EV charging without upgrades and associated expense."
Driivz operates in more than 30 US, European, and Asian countries. Driivz manages 100s of millions of EV transactions for millions of EV drivers and repairs up to 80 percent of operations issues remotely. The company supports over 750 charger models and is one of the first industry players to be certified for OCPP 2.0.1.
As a leading provider of modern analytics and smart energy management solutions for the EV industry, Rhythmos uses modern analytics to address the needs of fleet managers, operators, planners, and utility partners. With scalable and modular functionality, Rhythmos provides a comprehensive network solution that adapts and grows with customers, offering predictability, flexibility, and real-time transparency. Rhythmos also uses secure, industry-standard protocols to integrate charging with existing utility enterprise systems. The platform draws on Supervisory Control and Data Acquisition (SCADA), Outage Management System (OMS) and Graphical Information System (GIS) data from the grid, Advanced Metering Infrastructure (AMI) data from smart meters, market and dispatch signals from system operators and API integrations spanning the entire emerging EV charging and vehicle telematics ecosystem.
To learn more about how Rhythmos optimizes electric mobility with scalable and modular grid management solutions, please visit rhythmos.io.
To learn more about how Driivz is accelerating transportation electrification through EV charging operations and energy management, please visit driivz.com.
About Rhythmos
Rhythmos develops advanced software that optimizes electric mobility, enabling the transition to a decarbonized power grid. Designed with the belief that the answer to grid modernization lies in the end-to-end orchestration of systems and services, the company’s modern analytics platform uses machine learning to address the needs of fleet managers, operators, planners, and utility partners. With scalable and modular functionality, Rhythmos provides a comprehensive network solution that adapts and grows with customers, offering predictability, flexibility, and real-time transparency. Based in Boulder, CO, Rhythmos is at the forefront of solving a $2.1 trillion problem and facilitating a rapid and cost-efficient transition from fossil fuels to clean, renewable energy and decarbonized transportation. Visit https://rhythmos.io/ for more information.
About Driivz
Driivz, an independent company and wholly owned subsidiary of Vontier, is a leading global software supplier to EV charging operators and service providers, accelerating the plug-in EV industry's dynamic and continuous transformation. The company's intelligent, cloud-based platform spans EV charging operations, energy management, advanced billing capabilities and driver self-service tools.
Driivz's team of EV experts serve customers in more than 30 countries, including global industry players such as Shell, Volvo Group, EVgo, Centrica, Circle K, Recharge, ElaadNL, ESB, Mer, Francis Energy, Ennet Corporation and eMobility Power. The Driivz platform currently manages tens of thousands of public chargers (hundreds of thousands in roaming) and hundreds of millions of EV transactions for millions of EV drivers in North America, Europe and APAC. For more information, please visit http://www.driivz.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20230711546058/en/
CONTACT: Technica Communications
Jake Wengroff
Ph.408-806-9626 Ext. 6816
rhythmos@technica.inc
KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: SOFTWARE UTILITIES EV/ELECTRIC VEHICLES ENERGY ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE DATA MANAGEMENT TECHNOLOGY
SOURCE: Rhythmos
Copyright Business Wire 2023.
PUB: 07/11/2023 06:00 AM/DISC: 07/11/2023 06:01 AM
http://www.businesswire.com/news/home/20230711546058/en
