With over 18,000 charging stations installed globally, eMotorWerks' exponential growth is bolstered by key smart-grid EVSE partnerships.
SAN CARLOS, Calif., May 23, 2017 /PRNewswire/ -- Showing strong traction in the growing electric vehicle market, the sales and user base of eMotorWerks is growing exponentially. In the past 12 months, eMotorWerks has increased both its sales and customer base to over 18,000 charging stations installed globally. The year 2016 was also the third consecutive year in which eMotorWerks doubled its revenues, making it one of their most successful years to date. This continued expansion coincides with eMotorWerks' recent partnership with multiple third-party EVSE companies such AeroVironment (NASDAQ: AVAV), top-tier OEM supplier Webasto, and the cashless payment provider Nayax. These are among the many product companies who are enabling their charging stations with JuiceNet cloud software to create an open platform for smart-grid EV charging that leverages abundant renewable energy while offering utility-coordinated aggregation for load balancing and control.
"Our smart grid charging solutions continue to gain significant growth because we solve problems that directly affect EV drivers, charging station equipment manufacturers as well as utility operators," said eMotorWerks CEO, Val Miftakhov. "Beyond the well publicized growth the EV industry will enjoy during the next five years, a massive challenge lies ahead: the ability for electricity providers to charge EVs while maintaining a reliable grid for everyone, while at the same time taking advantage of the abundant and less expensive solar and wind energy available on our grid. Our solution primes operators for the upcoming grid demand while also providing an intuitive and convenient solution for drivers that doesn't impact usage of their vehicles: smart-grid charging stations from a variety of leading vendors all linked to our JuiceNet open-standards based communications and control platform. We offer a proven track record of robust, reliable and enduring solutions for utilities and EV drivers who are looking to further prepare for the accelerating growth in EV adoption."
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