Stem | February 02, 2023
Stem, a global leader in AI-driven sustainable energy solutions and services, recently announced its combined eMobility offering with ChargePoint Holdings, Inc., a major EV charging network. The two companies are collaborating to enable EV charging station owners, developers, and operators to achieve economic, environmental, and resilience benefits.
The joint offering will aid asset holders with state and federal procedures for securing National Electric Vehicle Infrastructure (NEVI) Program funding incentive and the high energy demand EV charging sites to increase operational savings and backup power. In addition, the integration will reduce costs, increase resilience, minimize greenhouse gas (GHG) emissions, facilitate data sharing, and improve user experience.
CEO of Stem John Carrington said, “Stem is excited to partner with ChargePoint to help customers quickly design, develop, and operate cost-effective EV charging infrastructure projects that deliver real value. Electrification of transportation is creating a new load category that is expected to equal one-third of all U.S. electrical load. For Stem, eMobility is expected to represent approximately 50% of our behind-the-meter activity in three years, representing a multi-billion opportunity with our Fortune 500 customers.”
(Source – Business Wire)
Pasquale Romano, CEO of ChargePoint, stated, “An integrated ChargePoint and Stem solution broadens the number of sites that can support high-speed charging economically at scale.”
(Source – Business Wire)
As the first public pure-play smart energy storage company, Stem delivers and runs battery storage solutions that maximize renewable energy generation and construct a cleaner, more resilient grid. Project developers, utilities, Fortune 500 corporations, and independent power producers are its clientele. Stem's Athena software is used by the largest network of distributed energy storage systems in the world to lower energy prices and make renewable energy less unpredictable.
Strategy and Best Practices,Transportation
Wolfspeed, Inc | January 05, 2023
Wolfspeed, Inc. announced that it would supply silicon carbide devices to power future Mercedes-Benz® Electric Vehicle (EV) platforms, thus making the powertrain more efficient. In addition, several Mercedes-Benz vehicle lines would incorporate Wolfspeed's semiconductors in their following generations of powertrain systems.
As the leader in luxury vehicles, Mercedes-Benz fully understands the need for superior performance in its cars. As a result, Mercedes-Benz plans to manufacture some of the most efficient electric vehicles on the road using Wolfspeed's expertise and silicon carbide devices to improve its vehicles' range and power.
Wolfspeed's facilities in Durham (North Carolina) and Marcy (New York) will produce the silicon carbide power devices for Mercedes-Benz. The new 200mm Mohawk Valley Fab at Marcy is the world's largest silicon carbide fabrication plant and significantly increases Wolfspeed's manufacturing capacity. Earlier this year, Wolfspeed also revealed that it had started constructing a new silicon carbide materials facility in North Carolina, expanding its capacity by more than ten times.
About Wolfspeed, Inc.
Wolfspeed is a semiconductor manufacturing company focused on silicon carbide and GaN technologies. As the leader in the transformation from silicon to silicon carbide (SiC) and GaN, it is shaping the future of semiconductor markets, including the transition to electric vehicles, the move to faster 5G networks, the development of renewable energy and energy storage, and the improvement of industrial applications. Being the world leader in silicon carbide technology and production for more than 30 years, it has used its expertise to make the world a better place, allowing customers to use its innovative technology to create products that help make the future more efficient and environment-friendly.
Strategy and Best Practices,Transportation
EVgo Inc. | November 25, 2022
EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), announced the opening of a new EVgo public fast charging station at Marina Square Shopping Center in San Leandro, California. Located at 1201 Marina Boulevard, the charging station serves up to four vehicles simultaneously through 100kW and 350kW chargers. The new EVgo charging station was unveiled during a ribbon cutting ceremony Monday, November 21 at 2 p.m. PT and featured a lineup of local speakers from the private and public sectors coming together to celebrate the expansion of fast charging access in the area.
With more than 850 public fast charging locations, the EVgo network provides DC fast charging for all fast-charge capable EV models on the market. This new Marina Square Shopping Center station is one of two EVgo charging locations that received the Northern California Charging Access for Reliable On-Demand Transportation Services (CARTs) grant funding from the California Energy Commission (CEC) Clean Transportation Program. CARTS grants are designed to provide funding for projects that support EV charging infrastructure for on-demand transportation services including those such as ride-hailing, taxis, and more.
“EVgo is committed to Electric For All, and the availability of public fast charging is key to making that a reality for all EV drivers, but especially rideshare drivers,EVgo appreciates the support of the California Energy Commission to electrify this critical segment of the market, and this program will help EVgo drivers—including those on the Uber platform—to power up and get back on the road.”
-Jonathan Levy, Chief Commercial Officer at EVgo.
Situated near Oakland International Airport and I-880, the new charging station will enhance access to public EV fast charging infrastructure for the local community in a high-mobility demand zone, reducing local pollution. I-880 is a major connecting route and one of the most congested highways in the Bay area.1 The station is capable of charging vehicles up to 80% in 15-45 minutes, enabling high utilization drivers to quickly charge in between rides, while shopping at one of the retailers in the center or on the go.* Drivers with Uber Pro Gold, Platinum and Diamond status can save up to 45% on session costs over EVgo’s standard Pay As You Go rates.**
The ribbon cutting ceremony that officially opened the Marina Square Shopping Center EVgo station featured a lineup of local speakers, including Patty Monahan, Commissioner, California Energy Commission; Pauline Cutter, Mayor of San Leandro; Adam Gromis, Public Policy Manager, Sustainability & Environmental Impact at Uber; and Sara Rafalson, Vice President, Market Development and Public Policy at EVgo.
EVgo (Nasdaq: EVGO) is a leader in charging solutions, building and operating the infrastructure and tools needed to expedite the mass adoption of electric vehicles for individual drivers, rideshare and commercial fleets, and businesses. Since its founding in 2010, EVgo has led the way to a cleaner transportation future and its network has been powered by 100% renewable energy since 2019 through renewable energy certificates. As one of the nation’s largest public fast charging networks, EVgo’s owned and operated charging network features over 850 fast charging locations – currently serving over 60 metropolitan areas across more than 30 states – and continues to add more DC fast charging locations through EVgo eXtend™, its white label service offering. EVgo is accelerating transportation electrification through partnerships with automakers, fleet and rideshare operators, retail hosts such as grocery stores, shopping centers, and gas stations, policy leaders, and other organizations. With a rapidly growing network, robust software products and unique service offerings for drivers and partners including EVgo Optima™, EVgo Inside™, EVgo Rewards™, and Autocharge+, EVgo enables world-class charging experience where drivers live, work, travel and play.