Summary
- Profile Type
- Technology offer
- POD Reference
- TOLT20230516009
- Term of Validity
- 17 May 2023 - 16 May 2025
- Company's Country
- Lithuania
- Type of partnership
- Research and development cooperation agreement
- Commercial agreement with technical assistance
- Targeted Countries
- All countries
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General information
- Short Summary
- A Lithuanian startup company is developing EV charging solutions (hardware and software) and developing a public EV charging network in the Baltics. The solution is based on advanced power balancing technology which allows for overcoming grid bottlenecks in EV charging networks expansion.
- Full Description
-
Lithuanian EV charging company is developing smart EV charging stations and solutions and operates a charging network in the Baltics. Company is the second-largest charging network in Lithuania, working with top retail chains, the biggest shopping centers, and the most prominent real estate funds in the Baltics.
Having identified grid limitation as the major bottleneck for charging infrastructure development, the company created and innovated its solution from the ground up to be ready for mass EV adoption. The barrier is addressed via cloud-based dynamic load management technology, which allows building more charging points with less dedicated power, avoiding unsustainable and expensive grid upgrades. - Advantages and Innovations
- The power balancing solution is cloud & software-based and is not limited to wiring and/or physical equipment. Company's cloud-controlled charger network can fill up EVs only by taking the non-used power from the buildings or the grid itself and distribute that available power to multiple charging points so that each vehicle is charged at optimal speed. Such innovative installations have various effects on a building's sustainability, extend grid capacity, and drastically reduce CAPEX needed for EV charging infrastructure.
- Stage of Development
- Already on the market
- Sustainable Development Goals
- Not relevant
- IPR status
- Secret know-how
Partner Sought
- Expected Role of a Partner
-
The potential partnership areas are as follows:
- Commercial cooperation in deploying charging infrastructure
- Commercial cooperation in providing EV charging software tools
- Piloting cooperation in executing custom EV charging use cases and projects
- Research and technological cooperation in developing advanced energy management and grid balancing solutions - Type and Size of Partner
- R&D Institution
- SME <=10
- SME 50 - 249
- Other
- University
- SME 11-49
- Big company
- Type of partnership
- Research and development cooperation agreement
- Commercial agreement with technical assistance
Dissemination
- Technology keywords
- 04002013 - Smart grids
- 004006001 - Energy management
- 02009002 - Hybrid and Electric Vehicles
- 02009026 - Energy supply system
- 02009016 - Charging system
- Market keywords
- 06011 - Energy for Transport
- 03003 - Power Supplies
- 06003010 - Distributed power and grid connection
- Targeted countries
- All countries