Valery Miftakhov was raised in Siberia as the son of an oil-field engineer. While he was at McKinsey & Company, and later Google, the launch of Tesla and electric vehicles got him thinking about how electrons move through the power grid. This led to eMotorWerks, which sells fast, app-enabled EV chargers that tap into the grid at the most carbon-efficient time. Since its founding in 2012, the company has grown to over 45 employees. In October 2017, eMotorWerks was acquired by Enel.
eMotorWerks’ EV chargers are the number one EV chargers on Amazon.com. But…that’s not their core product. Their secret sauce is their IoT platform for managing grid-integrated EV charging, called JuiceNet. The cloud-based platform matches the time and rate of EV charging to grid conditions. This matching enables EVs to participate in grid management services – such as demand response, frequency regulation, peak shaving, local load balancing, and many others. As a result, utilities and Independent Systems Operators (ISOs) are better able to manage grid volatility and fully leverage the rapidly growing adoption of EVs.
eMotorWerks’ vehicle-grid integration platform will control more than 2 GW of virtual power plant capacity by 2020 – built from the charging load of over 250,000 electric vehicles.
Now let’s talk deployment.
eMotorWerks plans to install JuiceNet-enabled charging stations in Hawaii. Their JuiceNet platform will dispatch and control charging across the fleet of chargers to help balance frequency and optimize grid efficiency, while also ensuring that EV owners’ needs are met. Additionally, eMotorWerks will provide highly granular submeter data from each charging station, enabling the utilities to better understand their customers’ charging activities, which could factor into new rate design and improving customer service.