European EV Platform Everon Rolls into US in Partnership With Arcadia

Arcadia, a clean energy access startup, is helping European
electric vehicle charging platform Everon make its first foray into
the United States, with a new partnership announced Friday.

“In general, EV charging is hard for customers, especially
when it comes to thinking about where to charge, how to pay for it
and how to make sure you’re accessing as much clean energy as
possible,” Arcadia CEO Kiran Bhatraju told GTM.

“Using our platform and Everon’s tools to connect EV owners,
their home chargers, their roaming, all to a single bill, all to
grid services — that is an extremely massive opportunity,”
Bhatraju said.

Arcadia’s existing customers will be able to use Everon’s
charging management software, along with Arcadia’s billing
management and access to renewables projects, to plan charging
inside and outside the home.

In addition to streamlining billing at different chargers, it
should allow consumers to charge with more clean energy, further
reducing emissions associated with electric vehicles.

Squeezing more value out of EV chargers

Washington, D.C.-based Arcadia calls itself a “digital utility.”
The company connects its 400,000 customers around the country with
local clean energy projects like community solar or wind and buys
renewable energy credits for them if few projects are available in
the area.

The company now integrates with more than 100 utilities,
allowing subscribers’ to pay their utility bill through Arcadia’s
platform, and it also offers customers access to additional
programs like energy efficiency.

But until now, its services had little intersection with EV
charging. 

Amsterdam-based Everon rolled out of Engie-owned charger company
EVBox several months ago. Hardware charging companies like EVBox,
which uses Everon, can integrate the company’s charging management
software with their charging networks, allowing users to plan
charging times and manage billing at different stations and across
networks. Everon currently has one network agreement signed, with
two others pending. Engie remains a shareholder, though the company
is independent.

Bhatraju said Arcadia and Everon also want to help charger
owners tap into the full economic potential of their chargers, like
the possibility of
participating in wholesale markets
and providing other grid
services. 

“There’s a lot more value for a customer’s home wall
charger than what’s being captured today, and we want to make it
super simple for the customer who is charging outside the home
across multiple locations,” said Bhatraju. 

Arcadia’s subscriptions are available in all 50 states, and
Bhatraju said its partnership with Everon will also span
geographies.

Working with the European company adds to the grid services and
energy management collaborations Arcadia has already pursued with
utilities and smart home technology companies. Though Arcadia has
partnered with Audi on providing renewable energy for the
carmakers’ first all-electric vehicle, the e-tron, Arcadia’s
work with Everon suggests a deepening interest in EVs and their
grid capabilities.

“We’re looking to do a lot more,” said Bhatraju. “We
think EVs have a ton of potential from the grid services side as
well as obviously just the growth in EVs.” 

While the two companies are still finalizing some of the
specifics of their partnership, Bhatraju expects to release more
details next quarter.

Source: FS – Transport 2
European EV Platform Everon Rolls into US in Partnership With Arcadia



Leave a Reply