We are thrilled to share that VEEVEX has been shortlisted for the EV Charge Show E-Mobility Innovation and Entrepreneurship Competition! This contest aims to emphasize the activities of doing business in electromobility, allowing the best possible contenders to realize their ideas, with help and coaching. The recognition as a finalist speaks volumes for Veevex's vision of EV charging and innovative approaches toward creating more efficient, easier, and consumer-oriented solutions in the industry.
As the number of electric vehicles increases, with the challenge of higher adoption rates, there has been increased pressure on establishing a good charging system. Due to the high levels of electric vehicles (EVs) deployed in any region, charged peak demand rates often stress the existing charging stations, which raises the energy prices and increases the queues of cars waiting. Veevex provides solutions to these problems using the two main technologies; VeeCharger and VeeShare, both are designed and engineered to serve the needs of a new sustainable and user-friendly charging network.
VeeCharger develops an AI-enabled smart load management system capable of minimizing grid overload, especially during peak demand sessions. This feature serves to improve the chagrining rates and the same costs by saving the amount of energy used. Also, dynamic pricing enables users to limit charging expenses by allowing them to charge at inexpensive rates during inconvenient hours to smooth out the demand within the day. Thanks to such technology, VEEVEX is not only improving the process of charging electric vehicles but is also actively contributing to the decreasing of energy expenses and enhancement of the steady state of supply networks.
While VeeShare takes charging accessibility issues to another level. With this option, EV owners can lend out their private charging points to other owners of EVs thus forming a network of their kind; this not only adds a few coins in the pockets of the charging point users but also increases the number of charging points. By making private chargers public, Veevex is enhancing a bottom-up model of infrastructure development that seeks to ease EV charging.
VeeCharger and VeeShare embody Veevex's vision of an all-in-one, efficient, and community-centric EV charging solution. Such innovations are in sync with the purpose of the EV Charge Show of promoting development projects tackling urgent challenges in the EV sector as well as being eco-friendly and promoting better energy utilization.
The final results will be revealed on November 15th at the EV Charge Show Award Ceremony. The Veevex Team is delighted to be ranked among other leading innovators and can’t wait to rejoice in this great achievement. This nomination is not only a pleasant surprise for Veevex but also suggests a bright outlook for EV-based infrastructure development that is both environmentally responsible and easy to utilize.