Info
Info

UK based Centrica and Ombu invest in Israeli EV charging software provider, Driivz

News
Centrica plc has announced a multi-million-pound investment in Driivz, an Israeli start-up that offers end-to-end software solutions for electric vehicle (EV) charging. Ombu Group, a leading investor in advanced industrial technology companies, has co-led the investment, which forms part of a £9 million ($12 million) funding round.
Info

Centrica plc has announced a multi-million-pound investment in Driivz, an Israeli start-up that offers end-to-end software solutions for electric vehicle (EV) charging. Ombu Group, a leading investor in advanced industrial technology companies, has co-led the investment, which forms part of a £9 million ($12 million) funding round.

Established in 2012, Driivz has developed a cloud-based EV charging operating system that is already used by over 200,000 drivers across the globe. The Driivz platform offers charging network operators, car manufacturers and utilities an end-to-end solution to manage all aspects of EV deployment from charging, account management and driver billing, through to onsite power management that allows businesses to optimise output to chargers in line with site energy demand and costs.

The investment has been made by Centrica Innovations, established in 2017 to identify, incubate and accelerate new technologies with the potential to transform the way we live, work and move.

Centrica Innovations is also integrating the Driivz platform into a new intelligent EV charging service offer for businesses from Centrica Electric Vehicle Services (CEVS). The fully-managed solution has been developed to meet the needs of organisations that want EV charging facilities for their employees and/or their depot-based fleets.

Jonathan Tudor, Director of Technology and Innovation Strategy for Centrica Innovations, said: "With 14 million EVs expected on UK roads by 2030, there can be no doubt that e-mobility will have a significant impact on how we manage the delicate balance of supply and demand to the grid. This investment is a key opportunity for Centrica to support growing customer demand and work in partnership with Driivz to explore new offers for customers that connect home, work and on-the-road car charging, while also evaluating the role of EVs and potential vehicle-to-grid applications as part of the future energy landscape."

The CEVS offer builds on the company's experience as an installer of over 4,000 workplace chargers, including Transport for London's £18 million ($23.22 million) EV charging scheme, which aims to install 300 fast charging points in the capital by 2020.

Stephen Brooke, CEO of Ombu Group added "Ombu have been watching the EV space closely for a number of years, and in Driivz we are backing an exceptional team with a world-class product. We look forward to partnering with Centrica in this exciting new phase of growth for the company."

Doron Frenkel, Founder and CEO of Driivz, said: "Working together, Centrica and Driivz will be able to expedite the adoption of EVs and to become a leading force in the distribution of energy and addressing the challenges of EV charging. We look forward to taking advantage of opportunities in the new world and driving the new reality of EV."


The Latest News, Brought To You By
UK based Centrica and Ombu invest in Israeli EV charging software provider, Driivz
Modified on Monday 6th August 2018
Find all articles related to:
UK based Centrica and Ombu invest in Israeli EV charging software provider, Driivz
TaaS Technology Magazine
Info
Getaround Launches Its Car-sharing Platform In Denver
Marston’s Inns And Taverns Partners With Engenie To Install 400 Rapid EV Chargers
Delphi And Valeo Join The Auto-ISAC Cybersecurity Platform
New York Gets A New Ride-hailing Service, InDriver
Simon And Electrify America Launch California’s First 350 KW EV Charging Station
Bosch And Veniam Develop Multi-standard V2X Connectivity
Wind River Partners With Renesas To Advance Autonomous Driving Applications
Foresight’s QuadSight Vision System Being Tested By A Leading European OEM
Ricardo To Collaborate With Authorities In Chinese City Of Shangrao To Develop New NEVs
Nuance To Open DRIVE Lab At DKFI In Germany
Waymo Begins Offering Autonomous Ride-hailing Services In Arizona
KBA Approves Series Production Of DHL’s Electric Van, The Street Scooter Work
Netradyne To Provide Hyundai MNSOFT With Dynamic HD Mapping Solution
FreeWire Technologies Raises $15 Million Series A Funding
Karamba Security And Ficosa Collaborate To Make Telematics Control Units And V2X ECU More Secure
BMW Group Appoints New Lead For Its Driver Assistance And Autonomous Driving Development Department
Hyundai Partners With EVgo To Provide Its Customers Easy Access To Fast Charging
Audi Plans Investment Of €14 Billion To Further Develop E-mobility, Digitalisation And Autonomous Driving
Volkswagen Gives A Glimpse Into Future With The All Electric I.D. BUZZ Cargo
Rohde & Schwarz And Huawei Conduct Field Trial Precision Latency Measurements For 5G C-V2X Communication
Skyworks Launches Connectivity Solutions For Automotive Platforms
Establishment Of New JV Between Daimler And BMW Delayed To Early 2019
Ouster Partners With Playment And Scale.AI For Advanced Deep Learning Labelling
Honda To Expand Its American R&D Centre In Raymond, Ohio
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info