eMotorWerks, the electric vehicle smart grid charging technology company, doubled its revenues for the third consecutive year in 2016. Company’s customer base is steadily growing, thus more than 18,000 charging stations are already installed around the world.
This expansion and revenue growth was also driven by partnerships with companies such as AeroVironment, Webasto, and Nayax. eMotorWerks’ JuiceNet platform enables utilities and grid operators to aggregate fleets of charging EVs and modulate energy demand on the grid. Ultimately it allows for collective EV load shifting to times when renewable energy is most abundant on the grid and when energy rates are lower.
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