The Mobility House develops and sells charging stations, accessories, and management solutions for electric vehicles. With Chargepilot, the Munich company has developed an intelligent energy management solution that enables the control of vehicle fleets' energy consumption during charging and minimizes power peaks. The solution also enables bidirectional charging, also known as vehicle-to-grid (V2G), in which electricity from idle electric vehicles is fed back into the grid. This is intended to stabilize the power grid.
With a loan of €15 million, the EIB is now supporting this solution to bring more electric vehicles onto the road across Europe and integrate them into the electricity grid in an optimized and cost-efficient manner. The electric vehicles will also be used as energy storage devices in the electricity grid, which in turn will promote the expansion of renewable energies. EIB With its support, it finances the company's activities in Germany, France, the Netherlands, and other European countries. The funds come from the current EU research and innovation program Horizon 2020.
“E-mobility alone will not stop climate change”
“E-mobility alone will not stop climate change. But it is an effective means of keeping global temperature rise within manageable limits,”
explained Ambroise Fayolle, EIB Vice-President responsible for financing innovation.
"The Mobility House has developed a technology with great potential that makes electric mobility and the use of renewable energies more attractive. As the EU's climate bank, the EIB supports groundbreaking ideas in this field. We are therefore delighted to support a company that has a vision of a zero-emissions future – and the right tools to make that vision a reality."
Mariya Gabriel, EU Commissioner for Innovation, Research, Culture, Education and Youth, added:
"By 2050, electric vehicles could provide up to 20 percent of the flexibility needed daily. This seems ambitious, but technologies like the one we are supporting today with Horizon 2020 show that this goal is achievable. All scenarios point to a huge increase in electric vehicles. We must seize this opportunity and create the urgently needed energy transition."
