eDRV is on the map!
Energize Venture Capital has included us among the top leaders within the EV charging space. In their new whitepaper called Electrifying Everything, the VC firm that focuses on startups that are committed to decarbonization and sustainability.
With the aim of speeding up the electrification of key industry verticals, Energize noted that “software businesses accelerating electrification represent a compelling opportunity to generate investment alpha within the climate technology category.”
Listed among other API leaders in their EV Charging Market Map, eDRV was seen as a key EV Charging startup within digital infrastructure. The whitepaper highlighted that US electricity demand increased by 23 – 40%+ from EVs and this created a $125b EV charging infrastructure investment potential for the future that could be filled by new leaders in the early-stage ecosystem.
Moreover, the publication noted that EV charging could increase peak electricity demand on local grids by 15 – 50%,which would need heftier grid upgrades. necessitating expensive grid upgrades. At eDRV, we’ve ensured that Smart Charging is built into our custom API so that EV charging networks can get the most from the grid at times that are most efficient for them and their customers.
Read the entire publication on Electrifying Everything here.
If you’re interested in how our leading APIs can help launch your EV charging network, get in touch with us for a free demo at our contact page.