On Thursday, electric vehicle (EV) charging systems company Heliox announced it entered into the vehicle-to-everything /V2X) smart energy management space. Accordingly, Heliox went through a partnership with Fermata Energy, a leading V2X services provider.
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Additionally, Atlanta-based Heliox announced it developed a 20kW bidirectionalV2X charger, exclusively available later this year in the U.S. market; specifically through its partnership with Fermata Energy.
Accordingly, Waterland Private Equity, the parent company of Heliox, recently made an equity investment in Fermata Energy.
About the partnership between Heliox and Fermata Energy
In fact, Fermata Energy aims to accelerate the adoption of EVs on the road and the transition to renewable energy on the grid. Thus, their proprietary V2X software technology turns EVs into energy-storage assets; thus, combating climate change, increasing energy resilience, and dramatically lowering the cost of EV ownership.
Moreover, the collaboration between Heliox and Fermata Energy will accelerate how EV operators can use parked electric vehicles to provide energy management services; specifically, during peak times and lower energy costs at home or in the workplace.
Similarly, the partnership will leverage the power of Fermata Energy’s V2X technology and Heliox’s state-of-the-art bidirectional chargers.
In this regard, Michael Colijn, CEO of Heliox, commented; “In fact, smart energy management is one of the biggest market opportunities in the EV space today. By offering bidirectional charging, Heliox can support the growing number of vehicles returning power to the grid. Besides, it can help consumers and businesses alike meet their clean energy and environmental goals.”
Reception
Similarly, David Slutzky, founder, and CEO of Fermata Energy, commented; “Indeed, together, we will be able to help our customers accelerate electric vehicle adoption by making it possible for a parked EV to provide power to buildings. Thus, through our partnership with Heliox, Fermata Energy can make EV adoption much more compelling and cost-effective.”
Besides, Slutzky added, “our technology turns EVs into energy storage assets that fight climate change and increase resilience; particularly, while dramatically lowering the cost of EVs.”
Lastly, and it is worth noting, Frost & Sullivan projects that the U.S. passenger EV market will reach nearly 7 million unit sales annually by 2025; indeed, up from 1.4 million in 2020.
Finally, the Biden Administration’s proposed $7.5 billion investment to electrify the U.S. transportation infrastructure will only accelerate consumer demand. Further, Heliox thinks the country must electrify half a million school buses.
