Category: #evs
Drivers in the Republic of Ireland can now claim up to €600 towards the purchase and installation of Indra’s EV home chargers
Indra, leading British electric vehicle (EV) charging provider and smart energy technology company, has announced today that its range of smart EV home chargers has achieved Triple E certification from the Sustainable Energy Authority of Ireland (SEAI).
This means that EV drivers can now claim up to €600 off their Indra Smart PRO and Smart LUX™ purchase and installation through the Irish Government’s Electric Vehicle Home Charger Grant scheme, which is designed to encourage the transition towards EV adoption in Ireland.
The Triple E certification is an important step for Indra as the British manufacturer continues to scale its operations and enter the Irish market. With 75,000 EVs currently on the road in Ireland, the market has shown impressive growth, including a 49% year-on-year increase in the first quarter of 2023 alone.
Leighton King, Chief Commercial Officer at Indra, said:
“We are delighted that EV drivers in Ireland are now able to access the government grant scheme to purchase and install Indra EV home chargers, making the transition to EVs more affordable.
“But that is not the only potential cost saving for EV drivers as our chargers come with the latest charging technology, giving users access to the greenest and cheapest energy tariffs.”
Compatible with any energy supplier, the Indra Smart PRO and Smart LUX™ chargers work seamlessly with Indra’s intuitive app, helping users to minimise both their carbon footprint and energy bills.
All Indra chargers are equipped with industry leading, proprietary, and patented PESTTM technology and water and dust protection, making them the safest EV chargers on the market. The Smart PRO and Smart LUX™ chargers automatically receive remote over-the-air (OTA) software updates to keep them getting smarter every day.
Indra’s class-leading smart EV chargers are available for purchase via its website. To find out more about Indra, please visit: https://www.indra.co.uk/
Wireless Charging Electric Vehicles Is Safer Than Plugging In, Reports IDTechEx
The most common method of Wireless Power Transfer (WPT) used today is accomplished via low to high-frequency (30 kHz to 30 MHz) time-varying magnetic fields. This may also be referred to as ‘inductive WPT’ or ‘magnetic field WPT’. Wireless chargers operate far below the radio frequencies which are present all around us. Unlike high-energy (ionizing) radiation, electric and magnetic fields (EMFs) in the non-ionizing part of the electromagnetic spectrum cannot damage DNA or cells directly.
At the frequencies used for wireless EV charging, magnetic fields are impervious to air, water, ice, concrete, wood, plastics, and other common non-metallic materials. They pass through these objects and the human body without any interaction or causing any harm whatsoever. This also allows for hermetically sealed designs that are safer and more robust than are possible with contact-based or wired charging. A wireless system also minimizes the risk of electrocution and trip hazard. The latest report from IDTechEx includes detailed coverage of the standards and safety features around wireless EV charging systems.
Active Shielding Methodologies
Shielding is important for the safe operation of wireless EV chargers. The following problems may occur without shielding: the magnetic field may interfere with the EV or other objects, cause battery heating, and circulate current in metallic parts. There are two basic methods for shielding against low to medium-frequency magnetic sources, which includes the use of ferrites to provide magnetic flux directionality and aluminum plates to minimize field leakage. IDTechEx research interviewed various players in the industry and found that shielding is mainly added under the transmitter pad and above the receiver pad. The report finds that instead of radiating EMF, players are recycling the magnetic field and containing it within the pads because it is resonant, highly coupled, and shaped.
Foreign Object Detection (FOD)
The safety of wireless EV chargers is further enhanced by using foreign object detection (FOD) and living object protection (LOP) systems. These systems identify any metallic objects between the transmitting and receiving pad and can suspend power transfer. This is important as metal items, even small objects such as paper clips or coins may heat up and pose a burn risk. FOD can be achieved in a number of ways. For example, capacitive sensors in the pad can be used to monitor the performance of the coils. A metal object on the pad changes the capacitance, allowing its presence to be detected. That does not necessarily detect organic objects, such as an animal on the pad in a garage, though. Optical sensors around the edge of the plate using infrared LEDs and photodiode detectors or even Lidar can be used to detect both metal and organic objects on the pad and switch off the charging process if an obstruction is detected.
IDTechEx research finds that it is important for players to be mindful of interoperability, electromagnetic compatibility (EMC), and safety from the early stages of the development process. Knowing the requirements and standards in place is essential to ensuring that products are compliant and that product redesign and testing time and the cost is minimized. The report “Wireless Charging Market for Electric Vehicles 2023-2033: Technology, Players and Forecasts” provides insights on the industry R&D status along with the outlook for future developments.
Ireland ranks joint lowest of 13 countries on readiness to transition to renewable energy
A new independent report from The Association for Renewable Energy and Clean Technology (REA) has ranked Ireland joint lowest of 13 European countries, on its readiness to make the transition to renewable energy.
The Energy Transition Readiness Index 2022 sponsored by Irish-headquartered global power management company, Eaton, and global law firm Eversheds Sutherland, analyses the readiness of Ireland’s energy market to support the progression towards net zero, comparing it to other key European markets. The report ranks countries on a scale of 1-5. Higher ranking countries scoring ‘5’ and ‘4’ have effective energy transition policies which encourage technological innovation and market access; while lower ranking countries present barriers to investment through existing policies and rules which are complex and slow to evolve.
While the same report published last year awarded Ireland a score of 4 – showing that the country had a proactive approach to decarbonising electricity – this score has since fallen to 3, meaning that Ireland has been ranked joint lowest of all countries surveyed. Among other causes, the report cites the country’s failure to allow low or zero-carbon projects to connect to the national grid as a factor which is delaying the transition to renewable energy, noting that the situation is “becoming increasingly critical”.
The report has also shown that the percentage of newly registered electric vehicles (EVs) in Ireland remains significantly lower, compared to its European counterparts. EVs accounted for 5% of all newly registered vehicles in Ireland in 2021, compared to 12% in the UK, 20% in the Netherlands and 65% in Norway. On EV charging specifically, Ireland has received a score of 2 – together with Poland, this the lowest score of any surveyed country. While acknowledging that “few commercial barriers exist”, the report nonetheless notes that the rollout of EV charging infrastructure across Ireland has been “slow” and “limited”. The widespread adoption of EVs is viewed as an essential component of Ireland’s plan to decarbonise the transport sector. There are approximately 1,900 charging points installed across the country at present. The EU expects that 3 million public chargers will be needed to service its overall target of having 30 million EVs on the road by 2030 – per the same calculation, Ireland would therefore need to install 100,000 chargers within the next eight years.
One positive outcome, is the progress that has been made on smart meter penetration. A smart meter is a device that accurately measures electricity usage – eliminating the need for estimated bills and allowing households and businesses to become energy efficient and save on costs by shifting their usage to times with lower unit rates. While just 4% of Irish households had smart meters installed in 2020, the Energy Transition Readiness Index 2022 shows this figure is now closer to 34% – a marked improvement.
The main barriers in Ireland include:
- Reduced confidence in the timely development and deployment of policies to implement the transition.
- Weakened political and public consensus for the energy transition owing to affordability/current energy crisis
- Delays in the deployment of renewable generation owing to the current energy crisis
- Grid accessibility constraints
- Slow electric vehicle and charging infrastructure rollout
Dr Nina Skorupska CBE, CEO of Association for Renewable Energy and Clean Technology (REA), said: “As ETRI 2022 makes clear, despite impressive progress from a number of European countries, warm words from many Governments around Europe are not being matched by action when it comes to preparing for the energy transition. We now need to see significant action to remove the barriers facing our industry: proper long-term planning; prioritising and accelerating market reforms; and urgently addressing current investment barriers – all are desperately needed to help put us on the right path.”
Ms Phil Kane, Country Manager at Eaton Ireland, said: “While there is broad support for advancing the energy transition, ETRI 2022 demonstrates that there is a clear disparity between ambition and action. As a global power management company, we know that businesses around the world are embracing the opportunities presented by net zero and accordingly, they are investing in renewable energy technologies. Yet, in Ireland, this palpable enthusiasm must now be matched with practical policy solutions – such as allowing zero-carbon, energy efficient assets to connect to our national grid, without delay. This is especially true in the case of EV charging where it is imperative that both industry and Government works collaboratively to create a robust regulatory framework, that will unlock much-needed investment and boost consumer confidence in green mobility”.
Mr Mark Varian, Partner & Head of the Construction, Projects & PPP Group at Eversheds Sutherland LLP said: “In a challenging economic and political environment this report shines a light on where opportunities lie for the savvy business operator. As the leading global law firm, we are seeing more large industrials stepping into these markets and more funds wanting to invest in this area. There are also many interconnectors between countries in development and having that flexible demand will be crucial across all jurisdictions to achieve a Net Zero future. Ireland has made good progress in the clean energy sector. We now have an output target of 55% renewables for 2030 so major investment in variable and flexible low-carbon electricity resources are needed to achieve this energy transition target, provide energy security and save consumers money. But in order for investment to continue, we need a speedier role out and implementation of policies and regulatory frameworks that support access to market sectors such as offshore wind. There are huge opportunities here and implementing the recommendations set out in this Index could make a big difference.”
EV charging startup Monta secures €30m Series A+ for EU expansion
Monta, the only all-in-one EV charging management platform, today announced it has closed an additional EUR 30 million as part of a Series A+ round led by Energize Ventures, a leading global investment manager accelerating digital innovation for energy and sustainability, with participation from returning investors Creandum, Pale Blue Dot, byFounders, and Headline. The latest financing brings Monta’s total to EUR 50 million.
While 2021 European EV sales increased by more than 65% compared to 2020, the lack of EV charging infrastructure is still one of the biggest hurdles to mass adoption. Not only do nearly 3,000 new public charge points need to be built each week for Europe to reach its target of operating one million charge points by 2025, but the customer experience is often hampered by a highly fragmented ecosystem of charge point operators and owners.
Led by a team of seasoned entrepreneurs with experience managing large software development organizations, Monta is delivering an all-in-one EV charging platform that simplifies and streamlines deployment, use, and management of EV charging infrastructure. Via the Monta platform, charge point owners have full visibility into charge point use, pricing, access, and transactions. For EV drivers, Monta provides reservation, virtual queuing, and payment features under one platform as well as access to public charge points.
“We are aiming to fully digitalize the EV ecosystem to tackle all the immediate challenges within the industry and build toward a more transparent and flexible future. By partnering with hardware OEMs we can deliver new features straight out of the box, like our new feature that allows operators to set a percentage on top of the spot price in order to follow the market fluctuations and automatically offer a fair price for charging, ” says Casper Rasmussen, Monta CEO. “The investment from Energize and our returning investors is a strong vote of confidence in our vision, team, and software as the cornerstone of the mobility infrastructure of the future.”
Monta’s EV charging management platform is used by notable utility, aviation, and transportation industry companies such as Vestas, CPH Airport, and PostNord as well as wholesalers, who are leveraging Monta to upskill installers. Since the company’s latest financing in January 2022, Monta has secured strategic partnerships with hardware manufacturers to launch its Powered by Monta (PBM) program in multiple markets. Key partners include Garo, CTEK, and ABB which each boast a range of charge points in Europe as well as Zaptec, which recently launched Zaptec Park, a co-branded app for its users.
“The market penetration of electric vehicles is climbing sharply as economic, regulatory, and climate levers accelerate EV adoption – and deployment of charging infrastructure has to keep pace. We expect more than 1.6 million public chargers and 20 million private charging stations to be deployed in the U.S. and Europe by 2025,” said Juan Muldoon, Partner at Energize Ventures. “As the market for charge point hardware grows and commodities, Monta offers a software solution that enables a consistent, improved charging experience for players throughout the EV charging value chain – from installers to drivers. We’re thrilled to partner with the Monta team as they pave the way for a more scalable and sustainable EV infrastructure.”
Monta will leverage the additional investment to open up new markets including North America, while consolidating its position in Scandinavia, the UK, and Germany, all of which have legislation in place slated to ban new ICE vehicle sales by 2025, 2030, and 2035 respectively. To further support the needs of the EU and the US – which has set a goal for 50% of its car sales to be EVs by 2030 – Monta will ramp up its product innovations and develop critical features to help EV drivers and charge point owners seamlessly navigate the industry.
Looking further ahead, Monta seeks to expand its product development to include grid management services amid challenges as more EVs hit the roads. Ultimately, the company expects to facilitate the sale of excess power back to the grid (V2G), manage interoperability with other zero carbon technologies (V2H, V2X), aid in the creation of local energy markets, and empower end users with ownership over their energy consumption.
“The ability to take advantage of these new opportunities requires changes in information flows among grid devices as well as innovations in communication and coordination tools that increase the observability, predictability, and controllability of the grid. The societal impact and environmental potential of these technologies are massive. Monta is at the forefront of developing the systems needed to monitor and reward this flexibility to create an equitable energy solution for all EV drivers,” said Casper Rasmussen.
The deal is expected to close later this year, subject to regulatory approval.
NTA has announced an agreement for 800 battery electric double decker buses.
.The National Transport Authority (NTA) has today announced an order for 120 double-deck battery-electric buses from Bamford Bus Company (trading as Wrightbus). These 120 buses are part of a framework agreement which provides for the procurement of up to 800 zero-emission battery-electric buses over a period of five years
The buses – Streetdeck Electroliner BEVs – will be manufactured and assembled at the Wrightbus facility in Galgorm, on the outskirts of Ballymena in Northern Ireland.
The framework agreement now in place between the NTA and Wrightbus has the potential to be the single biggest bus procurement in the history of the State. These will be the first battery-electric double-deck buses to be added to the national bus fleet in Ireland and their addition will deliver a significant uplift in the proportion of low- or zero-emission buses within that fleet.
This historic deal is a major component of the overall strategy to build a sustainable future by decarbonising the country’s PSO public transport fleet, and is in line with a number of key national policy directives including:
- National Strategic Outcome 4 in the National Development Plan 2021 which provides for Sustainable Mobility through the delivery of greener and cleaner bus fleets;
- Section 9.3.7 of the Climate Action Plan 2021 on the decarbonisation of public sector transport which says: ‘We will transition public bus fleets to zero emissions models though the renewal and expansion of the fleet, allowing for the full electrification of double-decker buses in Dublin, Cork, Waterford, Limerick and Galway by 2035’;
- Section 12.2.4 of NTA’s Draft GDA Transport Strategy on zero-emission buses which says: ‘2022 will see the introduction of fully electric single and double deck fleet and the ongoing conversion of bus depots to charge and maintain the new vehicle types’; and
- Action 13 and 14 of the National Sustainable Mobility Action Plan 2022 which provide for the transition of PSO bus services in the Dublin metropolitan area, along with Cork, Galway, Limerick and Waterford to low/zero emission bus fleet.
As they incorporate a fully battery-electric powertrain, the buses will operate with zero tailpipe-emissions, which will contribute to a substantial improvement in air quality in the cities and towns in which they are deployed.
This initial order for 120 buses represents an investment of some €80.4m.
Of the 120 buses currently on order, 100 are destined for use by Dublin Bus on PSO bus services within the Dublin Metropolitan Area and 20 are destined for use by Bus Éireann for use in the Limerick Metropolitan Area. Buses from future orders may also be used to operate PSO bus services in other parts of Ireland, including the metropolitan areas of Cork, Galway and Waterford.
Commissioning and training activities will get under way later this year, as will work on installing the necessary charging infrastructure. The first buses are expected to enter passenger service in 2023.
The buses will be outshopped in the green, white and yellow Transport For Ireland (TFI) livery which is in the course of being applied to all buses and coaches in the PSO fleet.
Passenger facilities onboard include:
- seating for up to 65 passengers;
- a permanent wheelchair space;
- a dedicated area for the accommodation of a pram, pushchair or buggy;
- prominent and distinctive priority seating;
- high-definition real-time passenger information displays;
- USB charging sockets; and
- complimentary Wi-Fi.
Minister for Transport, Eamon Ryan said:
“We know that decarbonising transport is imperative, as part of our effort to tackle climate change. Public transport because it is shared mobility is already a far more sustainable and economical way of getting around, particularly compared to a private car that runs on fossil fuel, and the battery-electric buses that we are now ordering, will accelerate the transition to a zero-emission fleet.
“Going electric will reduce the carbon footprint of our public transport fleet, and will help us reach our long-term climate goals, as outlined in the Climate Action Plan. These new electric buses will also help reduce air pollution, improve public health and improve access to public transport for people of all abilities.
“I welcome today’s announcement and look forward to seeing cleaner and greener buses in operation in our cities”
Chief Executive Officer of the National Transport Authority, Anne Graham said:
“The transition to a zero-emission bus fleet is a central component of our BusConnects project, and the procurement of these battery-electric buses represents a key milestone in that process.
“There is no doubt that people are looking to us to provide better, more sustainable transport alternatives in all areas, and it is incumbent on us as an Authority to respond to that demand in a positive way. In so doing, we will reduce the need for personal vehicles, making the quality of the air we breathe healthier for everyone.
“When it comes to taking climate action, we in the NTA want to play our part and we want to lead by example. We are doing that by transitioning our public transport fleet away from fossil fuel to zero emission technologies and as you see today we are making real progress. This process is already under way, and when complete in 2035 will result public transport emissions being massively reduced.”
Neil Collins, Managing Director of Wrightbus, said: “We are extremely proud of this historic deal, which is hugely significant for Ireland’s decarbonisation ambitions and for us here at Wrightbus.
“This deal further cements the reputation we have built in the zero-emission sector, and follows hot on the heels of historic deals in Australia and Germany. This shows our ambition to be at the forefront of the zero emission drive in cities, towns and rural areas across the world.”
Eminence of LoomSolar providing the best Solar Installation Services
Battery technology is always evolving and keeping an eye on how leading Indian battery manufacturers meet the needs of their customers and what their EV battery ambitions are is important.
With the advent of electric vehicles (EVs) as a viable alternative to traditional energy storage, the world’s need for stored energy has skyrocketed. This has led to an ever-increasing need for better batteries. Many different kinds of batteries have been used over the years to power automobiles other than Solar System. Eventually, lead-acid batteries took over. Lithium-ion batteries, particularly in the mobility and storage segments, have finally posed a threat.
There are various ways in which Li-ion technology surpasses older technologies. It can take up to ten hours to charge a lead-acid battery for example. Lithium-ion batteries, on the other hand, may be recharged in as little as a few minutes, depending on the size of the battery. Lead-acid batteries charge more slowly than lithium-ion batteries, which can tolerate a higher rate of current. Li-success Ion’s is also being aided by improvements in the number of charging cycles or battery life. Li-ion batteries are being used in a variety of applications besides automobiles, such as telecom towers, mobile phones, and power grids. According to some estimations, 60 GWh of Li-ion cells would be needed by 2025 and double that by 2030.
Government Initiatives for using Green Energy
The Government of India is also taking steps to promote the growth of the electric vehicle industry in India, following the worldwide trend of increasing Li-ion battery use. The Make in India program and incentives for electric car purchasers are among the measures. A PLI plan for battery manufacturing’s advanced cell chemistries is already under way, with proposals from major businesses both inside and outside the country.
Monocrystalline solar panels and AC modules are made by Loom Solar Pvt. Ltd. They began in Faridabad in 2018 and have been producing the highest-quality solar panels ever since. Through 1500 re-sellers, they distribute their items throughout India, including rural areas. The solar panels they produce are among the best in the industry. All of their solar panels are made to exacting standards. As an interesting aside, they assert that their batteries for inverters and solar applications are the only ones made for the automotive, lithium, and tubular markets they serve.
Buying Loom Solar Products Has Benefits
Conserving energy is becoming increasingly dependent on solar panels. Many locations now have solar panels installed in their entirety. Loom Solar, the best lithium battery manufacturer, provides the highest-quality solar products to meet this need. Golden Bridge Business and Innovation Awards’ 11th annual 2019 gold and silver medals went to Loom Solar. They have direct access to India’s leading solar manufacturers. They offer items that meet the demands of their customers. All of their solar panels are of the highest quality and are guaranteed to perform correctly and endure longer.
The Li-ion or Lithium battery beta from Loom Solar is open to providing sustainable and greener options for household lighting systems, inverter compatible solutions, EVs (Electric Vehicles), science or DIY projects, and farming. Because of its high power density, long life, minimal self-discharge, and low maintenance requirements, Li-Ion batteries are becoming more popular for EVs and backup power systems in particular. The company has also recently been spotted actively entering the Lithium Ion market.
How Do Electric Cars Work?
Electric cars, as the name suggests, run on electricity. Their rechargeable batteries power the electric motor that turns the wheels. Due to the increased acceleration in the wheels, the vehicles tend to be faster and lighter than traditional cars. If you’re in the market for one, Carplus will help you understand how it works and find you the ideal car if you need one. Let’s find out what makes the electric car the possible future of car travel.
Batteries
The placement of a car battery helps to maintain the center of gravity low, thereby keeping the car from oversteering off the path in corners. For this reason, the battery in an electric car is usually placed low down in the car or, in some cases, run along the floor. Since the entire machine now runs on electric power, these cars have an auxiliary battery to cover the smaller electronics like the lights, windows, and so on. This way, the car will still work even if the main battery stack runs out.Electric vehicles are more than just a car. With Dcbel bidirectional power flow charger implemented in home solar system EV’s battery becomes a very powerful energy storage system on wheels.
Despite their sustainable nature, electric cars are heavier than their petrol or diesel counterparts are and can weigh as much as 2000 kilograms.
Electric Motor
Just as the use of batteries is compartmentalized, there are different electric engines used for different purposes too. The smaller electronics, like the windshield wipers, use direct current motors. However, a DC motor is not sufficient to drive the vehicle, for which an alternating current motor is used.
There are two types of AC motors used to create traction for an electric vehicle:
- Asynchronous motors, also known as induction motors, have a stator that creates a rotating magnetic field. This further pulls the rotor into the spin. Since the rotor is trying to catch up to the spin of the stator, the engine provides high power output and is a commonly found motor in electric vehicles.
- Synchronous motors, on the other hand, do not have the rotors trying to catch up with the stator and, in fact, turn at the same speeds. The presence of this engine makes it an ideal vehicle for urban drivers due to the high torque it produces even at a low speed and its compact and low weight.
Charging
Electric or hybrid cars have a charge port and need to be plugged in to recharge. This could be done from a domestic socket, the same ones used to charge laptops, or from a fast charger available at your closest motorway or parking. Note that weather changes will affect the performance of your car, while warmer temperatures allow farther travel, colder temperatures tend to require an extra charge to travel the same distance.
Fuel Cell Vehicle
These electric vehicles are classified as zero-emission vehicles as their only outputs are water and heat. An FCV uses fuel cells, commonly in combination with a small battery or a supercapacitor, in order to power an onboard electric motor. Electricity is generated from the oxygen in the air and compressed hydrogen, leaving byproducts, water, and heat.
Fuel cells are made up of three parts, an electrolyte, an anode, and a cathode. Despite the lack of hydrogen filling stations, the fuel cells are used in large machines like the forklift and submarines.
Control Unit
Control units are the decision-making centers of the machine. They are used to decide the amount of power to send to the electric motors from the batteries. Don’t think of the control unit like a switch that only goes on or off, though. If it did that, you would not be able to drive at all. Instead, the control unit feeds power to the motors a few thousand times per second depending on the acceleration you provide, thereby emulating the feeling of being in an actual car.
Don’t be fooled, though – electric cars can accelerate like a beast. This is because all the torque is right there at your service as soon as you push the pedals down, you can also check this page on car starter parts.
Regenerative Braking
When you brake, your car loses some of the energy guiding it forward. This is a very normal thing. However, electric cars have a feature called regenerative braking. Every time you brake, the mini electric car saves some of the energy it would otherwise lose in braking and channels it right back to the main battery. While this gives the sensation of the car slowing down, what this does is increase your range with every brake.
There will be settings, of course, for you to control just how strong you want this effect to be. Overall, though, it makes the driving experience better and safer all around. In fact, you can drive some electric cars out there with just one pedal!
Conclusion
Hopefully, this article helps you understand some of the inner workings of an electric car and what makes its components different. Even better, more advanced electric cars are waiting across the horizon, so it is exciting to see what the future holds for this industry.
Formula 1 Champ Fernando Alonso’s Apparel/Eyewear Brand Merges w/ E-Mobility Retailer SimplyEV.
Kimoa – the sports-inspired eyewear and apparel brand created by two-time Formula 1 champion, Fernando Alonso – has been acquired by the parent company of SimplyEV – the premier one-stop-shop for stylish, eco-conscious mobility and lifestyle accessories. SimplyEV is the preferred retailer to carry the international star’s marque in the U.S. – available through its rapidly expanding network of storefronts and an unrivaled direct-to-consumer online shopping experience.
“We’re thrilled to be joining forces with an international superstar in Fernando Alonso and his Kimoa brand – reflecting our shared vision to elevate and promote an environmentally-conscious and vibrant lifestyle through e-mobility and fashionable, sustainable eyewear and gear. It’s an honor to be the preferred U.S. retailer for Kimoa and we look forward to growing both brands together as we expand to 50 retail locations across North America in the next couple of years. EVs and an F1 icon make for a winning combination.” – SimplyEV President, Mauricio Diaz
Under the agreement, Alonso will retain 25 percent interest in Madrid-based Kimoa and will continue to serve as the global ambassador for the brand as it expands its presence across the continent.
“We created Kimoa with a sustainable soul and a ‘never surrender’ spirit inspired by sports/motorsports and an active, green lifestyle. I’m excited to be partnering with SimplyEV as a sister company to elevate our story across North America – highlighting organic materials across our product line, advanced eyewear technology and the superior quality of our textile products made in Spain and Portugal. It’s an honor to continue carrying the Kimoa banner, building the brand and welcoming everyone that shares our unique vision to the family.” – Fernando Alonso, Kimoa founder and global ambassador
