Volvo Group Venture Capital AB has invested in Driivz, a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end.
The Driivz platform functions as an operating system for electric vehicle charging networks and is used by the operators of charging points, EV fleets and other key players in the ecosystem.
The platform is scalable and modular, which makes it flexible and allows it to be customised to meet customers’ needs. The company has a number of customers in the utility, oil and gas, and automotive industries and among charging network operators.
Marcus Anemo, senior innovation manager at Volvo Group Connected Solutions, said: “The Volvo Group ambition is to offer state-of-the-art truck charging services for a seamless charging experience. Working with Driivz enables us to begin putting our ambition into effect.”
Erik Johansson, Investment Director, Volvo Group Venture Capital, said: “There is a significant and growing interest in electric vehicles and machines among Volvo Group customers, which is speeding up the transition to more sustainable transport.
“The collaboration with Driivz will play an important role in the Volvo Group’s efforts to help customers to electrify their transport solutions. We are impressed by the company and we believe the Volvo Group can add considerable value to the development of the business in the future.”
Doron Frenkel, CEO of Driivz, said: “We’re proud to be working with the Volvo Group, which is playing a leading role in the electrification of truck fleets. The investment reinforces our belief in our business model and will be used for geographic expansion and continuous product innovation.”
- image courtesy of Volvo