Geotab recently announced its launch of Geotab Energy. The new venture helps to bridge sustainable transportation with sustainable energy by offering products and services designed to support he adoption of EVs with electrical grid infrastructure.
With growing EV adoption, utilities are facing increased energy demand to support the volume of EVs charging simultaneously — many of them being charged when returning home from work in the early evening system-peak time. Unmanaged vehicle charging load can negatively impact the electric grid, overwhelming infrastructure and requiring costly upgrades and repairs. Geotab Energy helps provide an accurate understanding of the impact of EV charging loads across a service territory by processing data directly from a vehicle’s internal systems and making it available via its SmartCharge Rewards® web platform. SmartCharge Rewards helps electric utilities navigate and reduce the impact of EV charging on the grid, and helps to equip them with relevant EV-specific data to support new programs and possible infrastructure changes.
Geotab Energy’s SmartCharge Rewards platform can also support utilities in identifying optimal charging times and then encouraging EV owners to charge during those times by providing customers with incentive-based rewards. Additionally, EV owners may benefit by gaining access to information about their EVs, such as insights into their driving efficiency as well as vehicle battery health and more.
Geotab Energy is first launching in North America, with plans for future expansion. In addition, while Geotab Energy is first focused on helping utilities support EV owners, the company expects that as fleets become more electrified, the solution will also empower businesses operators to make smart decisions that can help to optimize operations on every level.
For more information on Geotab Energy, visit: geotab.com/Energy/.