Rivian & WeaveGrid to partner on smart home charging
In essence, what it means is that Rivian customers will gain access to WeaveGrid’s flexible energy management solution. This enables drivers to optimise charging at times when energy is cheaper and often cleaner – in a way that benefits both the power grid and the end user’s wallet. It does this by enabling EVs to communicate with the power grid and take advantage of vehicle-to-grid and distribution-integrated smart charging orchestration capabilities.
In a press release, WeaveGrid said: “With more than 80% of EV charging happening at home, optimizing home charging is one of the biggest levers to reduce emissions and costs. But for OEMs, coordinating across 3,000+ U.S. utilities remains a challenge.” They state that their product bridges the gap between OEMs and utility companies in order to cut the cost of home charging and boost grid reliability. The company currently works with some of the USA’s largest electricity companies, including Xcel Energy, Exelon, DTE, PG&E, and Southern Company.
Apoorv Bhargava, Co-founder and CEO of WeaveGrid, commented: “Our collaboration with Rivian is a significant step forward in expanding the reach and impact of our utility clients’ EV programs. This integration with Rivian’s robust software platform allows us to deliver real-time, grid-responsive charging while elevating the already premium driver experience.”
Wassym Bensaid, Chief Software Officer at Rivian, added: “Rivian has been focused on providing our drivers with a seamless, 360-degree charging experience both at home and on the road. Working with partners like WeaveG>>rid across the country will allow us to help customers participate in utility programs that can reduce charging costs while supporting grid stability and reducing carbon emissions.”
WeaveGrid cooperates with energy suppliers as well as car and charging infrastructure manufacturers on charging software. The company’s most important partners in the energy sector include Xcel Energy, Exelon, DTE, PG&E and Southern Company. In December 2024, WeaveGrid announced a $28 million investment from Toyota’s growth fund, Woven Capital. Additionally, in January, WeaveGrid announced investments from EV makers Kia and Hyundai.
0 Comments