VELOCE ENERGY applies our hardware and software technology to rapidly solve challenges at the grid edge. Charging infrastructure Capex and Opex cost reductions are enabled by our integrated electrical architecture for EV charging stations. Opportunities for additional revenues in electricity and other markets and high residual value allows a lower cost Charging Infrastructure as a Service offering. This simplifies the financial offering by conforming to each customer's preferred contract duration.
VELOCE ENERGY’s EV charging station site architecture: FastGrid™
Applying our intellectual property to better leverage existing utility infrastructure for EV charging stations enables lower grid connection cost and electricity charges. FastGrid™ IP also adds cost-effective resilience and simplified integration of renewables to the charging site. Working with OCPP compatible EV chargers of most power levels, Veloce FastGrid™ includes the following transformational technology products:
• VPort™ is a simple to install, productized, modular, and intelligent battery energy storage, control, and communications system. Applications in EV charging, grid upgrade deferral, and retrofit and new solar storage. Designed to minimize grid connection and demand costs, while enabling advanced grid services and resilience.
• ARGOS™’ fundamental algorithms incorporate artificial intelligence and machine learning to accelerate design, operation, and optimization of electrical infrastructure.
• FastConnect™ is an architecturally inspired, flexible, expandable, above ground installation system. Minimizing engineering, permitting, digging and trenching, the system results in lower cost and more attractive and highly visible installations. Enables rapid expansion and reconfiguration to satisfy evolving site or grid conditions.
Value Proposition for EV Charging
Our 5 Pillars of value for Public, Fleet, & Transit EV Charging are:
1. Infrastructure: Lower cost and faster. Integrated energy storage, reduced grid connection, modular above ground installation
2. Operations: Lower demand charges, aggregated services, cost-effective expansion
3. Electricity: Grid ancillary services, Automated demand response, Energy arbitrage
4. Services: Resiliency for vehicles and buildings, Emergency vehicle charging, Advertising
5. Financing: Charging Infrastructure as a Service, high residual value, more efficient capital, circular economy. Lease duration to meet customer needs.
Veloce will offer our Charging Infrastructure as a Service to Charge Point Operators, Fleets, Fleet as a Service companies, and auto OEMs.
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