Nuvve and Switch Partner to Expand their EV and Charging Platforms’ Global Reach, Features and Customer Benefits
Nuvve’s strategic investment into Switch expands network of interoperable electric vehicle supply equipment to lead to increased Megawatts Under Management
Adds Nuvve’s patented V2G capability to Switch’s standardized software solution for EVSE management, operations and maintenance
Offers an improved customer experience, facilitating acceleration of EV adoption and vehicle-to-grid solutions globally
SAN DIEGO and LONDON (June 28, 2022) – Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company intelligently electrifying the planet by deploying its patented V2G technology and services, and Switch, a global leader in standardized electric charging management and maintenance software, are partnering to integrate Nuvve’s vehicle-to-grid (V2G) GIVeTM platform with Switch’s charging management platform for operations and maintenance (O&M).
This integration between two best-in-class electric vehicle (EV) and charging software companies will improve interoperability among critical electrified transportation components: charging stations, EVs, and the grid.
The strategic partnership will allow the global transportation industry to intelligently make the switch to EVs by combining Nuvve’s V2G expertise in energy management for vehicles, fleets, connected buildings, and grid services with Switch’s EV charging platform. The combination is intended to achieve greater efficiencies, interoperability, and a seamless customer experience. Standardizing operating languages of critical software solutions is a precedent for best-in-class platform offerings across the industry.
“Combining Nuvve’s technology with the Switch platform will enable our current users to add the world’s leading energy management solution while optimizing fleet performance and increasing V2G adoption – thus reducing the total cost of electric vehicle ownership,” said Dr. Marc Mültin, founder and CEO at Switch. “Our aim is to make charging infrastructure software platforms work together seamlessly.”
How It Works
Switch’s cloud platform, built on an OCPP 2.0.1 and ISO 15118-enabled operating system, is fully native to future-proof capabilities like Plug & Charge, V1G and V2G. It delivers predictive maintenance through granular insights into each EV charger component for 100% uptime and a truly seamless EV charging experience. Nuvve’s GIVe platform is an energy aggregation management software, which includes V2G and bidirectional “smart” charging capabilities. When Nuvve’s platform is combined with the Switch platform, charge point operators (CPOs) will experience improved interoperability with the seamless combination of energy aggregation management, remote diagnostics, troubleshooting and predictive maintenance all on a single operating system.
Prior to the official strategic investment, Nuvve has been collaborating with Switch for 3 years on ISO 15118 and OCPP in an effort to work towards standardized, interoperable charging solutions.
“Building on years of fruitful collaboration, our partnership with Switch will allow remote monitoring and management of EV chargers through Switch’s platform. Any issue detected can be handled through automated processes before users even realize their occurrence,” said Hamza Lemsaddek, director of embedded solutions at Nuvve. “Together, a turnkey EV infrastructure management solution is born.”
Additionally, Switch brings new EV charger OEM relationships to the growing Nuvve ecosystem. This allows Nuvve to quickly expand and assimilate more chargers into its network and provide customers a wider range of smart charging and V2G solutions.
“Rather than establishing charging station partnerships alone, we now have a way to coordinate efforts with a vertically-integrated EV technology solution through Switch,” said Gregory Poilasne, co-founder and CEO of Nuvve. “This new partnership will help expedite the integration of Nuvve’s patented V2G software into more charging systems around the world as an additional avenue to increase our megawatts under management.”
“With Nuvve’s strategic investment, Switch has completed its initial fundraising objectives. Other investors have included Link Capital of Norway, two family offices and private individuals,” added Dr. Mültin.
Integration between the companies is scheduled to be completed by late Q1 2023.
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About Nuvve Holding Corp.
Nuvve Holding Corp. (Nasdaq: NVVE) is leading the electrification of the planet, beginning with transportation, through its intelligent energy platform. Combining the world’s most advanced vehicle-to-grid (V2G) technology and an ecosystem of electrification partners, Nuvve dynamically manages power among electric vehicle (EV) batteries and the grid to deliver new value to EV owners, accelerate the adoption of EVs, and support the world’s transition to clean energy. By transforming EVs into mobile energy storage assets and networking battery capacity to support shifting energy needs, Nuvve is making the grid more resilient, enhancing sustainable transportation, and supporting energy equity in an electrified world. Since its founding in 2010, Nuvve has successfully deployed V2G on five continents and offers turnkey electrification solutions for fleets of all types. Nuvve is headquartered in San Diego, Calif. and can be found online at nuvve.com.
Nuvve and associated logos are among the trademarks of Nuvve and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.
Switch is a fast-growing, premier tech and knowledge company for the EV charging industry. The company’s mission is to accelerate EV adoption worldwide by offering a seamless charging experience, total operational control and money-saving features. Its platform is fully native to advanced capabilities such as Plug & Charge, Vehicle-to-Grid and predictive maintenance.
The company, based in London, has a team of 25 and a growing list of high-profile clients across the emerging electric vehicle charging sector, including charge point OEMs and charging networks. It was founded in 2020 by Dr Marc Mültin, a world-renowned leader in the communication standards that underpin the global EV charging ecosystem.
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