Centrica and Ombu invest in Israeli EV charging software provider, Driivz
Centrica plc announced on a multi-million-pound investment in Driivz, an Israeli startup that offers end-to-end software solutions for electric vehicle (EV) charging. Ombu Group, an investor in advanced industrial technology companies, has co-led the investment, which forms part of a £9m ($12m) funding round.
Established in 2012, Driivz developed a cloud-based EV charging operating system that offers charging network operators, car manufacturers, and utilities an end-to-end solution designed to manage all aspects of EV deployment from charging, account management, and driver billing, to onsite power management that allows businesses to optimize output to chargers in line with site energy demand and costs.
Centrica Innovations is also integrating the Driivz platform into a new intelligent EV charging service offer for businesses from Centrica Electric Vehicle Services (CEVS). The fully managed solution has been developed to meet the needs of organizations that want EV charging facilities for their employees and/or their depot-based fleets, according to the company.
Jonathan Tudor, Director of Technology and Innovation Strategy for Centrica Innovations, said that with 14 million EVs anticipated on UK roads by 2030, e-mobility will likely have a significant impact on management of the supply and demand to the grid. "This investment is a key opportunity for Centrica to support growing customer demand and work in partnership with Driivz to explore new offers for customers that connect home, work, and on-the-road car charging, while also evaluating the role of EVs and potential vehicle-to-grid applications as part of the future energy landscape," he said.