INSUBCONTINENT EXCLUSIVE:
EV Connect, the Los Angeles-based company that sells software to manage electric vehicle charging, has raised $12 million in a Series B
round led by investors Mitsui - Co
that is designed to be hardware agnostic
In other words, EV Connect aims to provide a variety of hardware vendors a way to monitor, manage and maintain charging stations.The end
goal is to push the industry away from a closed and fragmented system to a more open one, according to EV Connect CEO and founder Jordan
Ramer.EV Connect has a two-tiered approach
EV Connect has a smartphone app to give drivers of electric vehicles real-time access to charging station status
Its also sells a cloud-based software platform that businesses can customize
Clients include Yahoo!, Marriott, Hilton, Western Digital, Los Angeles Metropolitan Transportation Authority and New York Power Authority.As
part of the round, Mitsui and EV Connect have agreed to develop new business models around EV charging infrastructure
EV Connect plans to work with Mitsui on various applications of EV charging to lower the cost of charging and maximize its utilization,
