Global Startup Heat Map highlights 10 Vehicle-to-Grid Startups to Watch in 2023
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 3 790 000+ startups & scaleups globally, we identified 150 Vehicle-to-Grid (V2G) startups. The Global Startup Heat Map below highlights the 10 Vehicle-to-Grid startups you should watch in 2023 as well as the geo-distribution of all vehicle-to-grid startups & scaleups we analyzed for this research. Based on the heat map, we see high startup activity in Europe and the US, followed by India. These vehicle-to-grid startups work on solutions ranging from circular V2G stations and mobile solar carports to V2G simulators and orchestration.
As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant technologies and industry trends quickly & exhaustively. Based on the data from the platform, the Top 5 Vehicle-to-Grid Startup Hubs are in London, New York City, Bangalore, San Francisco, and Amsterdam. The 10 hand-picked startups highlighted in this report are chosen from all over the world and develop solutions for solar power-driven V2G, electric boat-to-grid energy transfer, V2G orchestration, and circular V2G stations.
10 Top Vehicle-to-Grid Startups to Watch in 2023
As the world becomes increasingly focused on sustainable energy solutions, the demand for electric vehicles (EVs) has continued to rise. However, the increasing use of these vehicles also creates a need for more innovative ways to manage the power grid. V2G startups specialize in developing technology that enables EVs to consume energy and also to store and release it back to the grid when needed. The top 10 vehicle-to-grid startups in 2023 are focusing on V2G orchestration and simulators, circular V2G stations, and grid demand response management. Further, charging infrastructures are integrating smart power distribution, solar power-driven V2G, e-mobility solutions, mobile solar carports, boat-to-grid energy transfer, and smart EV chargers. These technologies are critical in advancing the use of EVs and transitioning to a sustainable energy future.
- Synop – V2G Orchestration
- LADE – V2G Simulators
- NEX2 – Circular V2G Stations
- Link-U Tech – Grid Demand Response Management
- Star Future Energy – Smart Power Distribution
- POCITYF – Solar Power-driven V2G
- ElectronEV – End-to-End e-Mobility Solutions
- Gismo Power – Mobile Solar Carports
- Aqua superPower – Electric Boat-to-Grid Energy Transfer
- VOOL – Smart EV Chargers
Synop streamlines V2G Orchestration
US-based startup Synop provides a V2G orchestration solution for commercial fleets and energy operators. The solution uses AI to optimize the charging and discharging of EVs and supports bidirectional charging. The startup’s software allows quick scheduling of V2G as well as the setting of power levels and timing for single and multiple charger setups. Synop helps regulate energy on the grid and provides earning opportunities to commercial fleet owners by feeding power back to the grid.
LADE develops V2G Simulators
German startup LADE offers charging infrastructure for EVs in public and private spaces. It uses wind and solar energy to ensure a permanent power supply and storage. The startup features V2G technology to feed the energy back into the grid from EVs in parking spaces, companies, and retail sectors. This enables a distributed and controlled buffer storage of electricity in the grid. LADE also provides flexible and automated end-to-end charging solutions to parking operators, real estate owners, and hotels.
NEX2 provides Circular V2G Stations
NEX2 is an Italian startup that provides bidirectional charging stations for home and commercial applications. It uses V2G stations to enable energy storage in vehicles to supply electricity back to the grid or a house. This enables a circular system for a clean environment. As a result, the startup helps in reducing energy costs and carbon emissions in private and public applications through its circular charging system. Additionally, NEX2 develops custom-made solutions to ensure energy efficiency in the EV industry.
Link-U Tech advances Grid Demand Response Management
Link-U Tech is a Chinese startup that provides transportation and energy interconnection solutions for carbon neutrality. These solutions enable two-way interaction of batteries between EVs and the grid to support bidirectional charging and offer demand response participation. The startup also offers real-time monitoring of power generation and dynamic management of parking spaces that reduce transformer capacity. Link-U Tech helps grid owners by enabling integrated storage to improve power grid quality and respond to virtual power.
Star Future Energy ensures Smart Power Distribution
Star Future Energy is a Malaysian startup that provides internet of things (IoT)-based software and hardware solutions for smart power distribution. It offers Power Storage, an energy storage and bidirectional charging system, that uses batteries to balance the grid using peak-shaving and frequency modulation. The startup’s solution features power conversion and real-time field data monitoring and control to enable grid support and grid forms. Smart Future Energy caters to power generation and grid companies, and the public transportation sector. It also provides eco-friendly and green travel methods for electric vehicles.
POCITYF provides Solar Power-driven V2G
Portuguese startup POCITYF makes e-mobility solutions for greener mobility and smart cities. It offers positive energy-building solutions and e-mobility integration into the smart grid. The startup’s solar power-driven V2G charging stations support demand-supply energy management by increasing the storage capacity. POCITYF caters to citizens by reducing energy bills and the impact on the local energy system by monetizing their excess electricity.
ElectronEV offers End-To-End e-Mobility Solutions
Indian startup ElectronEV provides advanced powertrain systems and EV solutions for sustainable transportation and urban mobility. It designs, develops, assembles, and tests e-mobility solutions for light, medium, and heavy-duty commercial vehicles. The startup uses a software-driven powertrain with Standard Industrial Classification (SiC) platform for bidirectional power transfer between the vehicle and the grid. This enables ElectronEV to provide end-to-end solutions for the transportation sector.
Gismo Power makes Mobile Solar Carports
US-based startup Gismo Power develops mobile solar carports to generate and feed renewable electricity to EVs, buildings, and grids. It offers Mobile Electricity Generating Appliance (MEGA), which integrates the bifacial photovoltaic systems and class 2 EV chargers. The solution combined with V2G bidirectional EV chargers enables users to reduce their carbon footprint. They also save on energy costs and increase self-reliance on distributed electricity. Gismo Power helps commercial, residential, and parking areas to stabilize the grid operations. It also reduces the need to upgrade transformer infrastructure for additional power generation.
Aqua superPower offers aids Boat-to-Grid Energy Transfer
Aqua superPower is a UK-based startup that provides charging solutions for electric boats to shift to clean marine mobility. The solution enables EV drivers to cut carbon emissions and energy costs by utilizing renewable energy and discharging energy back into the grid. The bidirectional charging infrastructure also supports existing boats by providing a virtual electricity bunker service. This allows Aqua superPower to deliver managed battery conditioning support and realize additional revenue generation for boat owners.
VOOL manufactures Smart EV Chargers
VOOL is an Estonian startup that manufactures EV chargers for household and fleet applications. It utilizes technologies like WiFi, 4G connectivity, powerline communication (PLC), and V2G charging abilities. The startup also provides universal chargers that connect to multiple EVs with bidirectional charging and supplies the excess energy back to the grid. This enables VOOL to reduce the costs of fleet operations and enables earning opportunities to EV owners.
Discover All Emerging Automotive Startups
The automotive startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Automotive Innovation Report for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2023!
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