The more the merrier seems to be the case for EV charging software startup WeaveGrid, which this week announced backing from two major auto companies––sister brands Hyundai Motor and Kia––after recently unveiling an investment from Toyota.
“With Toyota, Hyundai Motor, and Kia investing in our platform, we’re seeing a clear industry convergence,” WeaveGrid CEO Apoorv Bhargava said in a statement.
“These investments validate our approach to creating a cybersecure, seamless solution that enables automakers to transform their EVs into grid-interactive vehicles,” he added. “With our solutions already deployed in dozens of the largest utilities in the country, we’re establishing the foundation for how hundreds of millions of EVs and the grid will work together.”
Grid gains: WeaveGrid provides software solutions to utility providers to help integrate electric vehicles with the power grid.
“We’re really creating this awesome software interface between the electric vehicles that are hitting the grid and the electric utilities that operate that grid,” Yakov Berenshteyn, WeaveGrid’s senior director of automotive and charging partnerships, told Tech Brew at CES 2025, “making sure that EV adoption can be scalable on the infrastructure that we have today and that we’re developing into the future in terms of charging.”
Keep reading here.—JG
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