eaveGrid is known as a software company that creates the environment for electric vehicle adaptation by solving some of the most critical emerging
electrification challenges – the connection of the growing wave between electrical vehicles and an electric grid that was not created to support the high-power demand of widespread charging.
Weave Grid's mission is to decarbonize transportation worldwide and connect electric vehicles to the grid. The Company states “Our platform solves some of the most critical EV-grid integration challenges to ensure that the impending energy transition is clean, equitable, and resilient.”
Even more so, regarding Weave's approach, they stated, “We accelerate EV adoption and elevate the EV driver experience while keeping charging affordable. This systems-oriented approach helps utilities absorb the coming wave of vehicle electrification.”
It is also worth mentioning that Weave’s Grid technology also leverages embedded vehicle telematics - data, controls, and communication systems. This also leads to the creation of a cohesive network of controlled grid resources.
More and more automakers are backing up WeaveGrid with investors such as Toyota Woven Capital with participation from Hyundai Motor Company as well as Kia Corporation. “When three automotive giants put their money behind the same solution, it sends a powerful message: the future of EV-managed charging depends on platforms with secure, authorized integrations that maximize value for automakers, utilities, and drivers,” mentioned Weave Grid.
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And, if you are wondering why automakers are choosing WeaveGrid as their go-to platform, it’s mostly due to the capability of maintaining control over vehicle data while also enabling sophisticated grid integration. This allows automakers to maintain visibility and control over their vehicle systems and keep high-quality data and reliable controls.
Nicole LeBlanc, partner in Woven Capital stated “WeaveGrid's impressive technology improves the experience for all stakeholders, especially automotive OEMs like Toyota, and ultimately creates a more sustainable and efficient mobility ecosystem."
Vice President at Hyundai Motor Company, Keith Noh, also said “Our software-defined EVs require a sophisticated platform that can securely manage vehicle data, optimize charging patterns, and strengthen the grid. WeaveGrid's technology allows us to turn our vehicles into dynamic energy resources that can communicate intelligently with the electric grid.".
The most recent investment in WeaveGrid demonstrates that “secure, authorized integrations” are essential to enable EV adaptation and manage the development of charging at scale.
By
Adam Brown
•
February 17, 2025 11:00 AM
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