Driivz partners with Duracell E-Charge to scale UK charging network
Get Alerts VNT Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: -3.9%
Join SI Premium – FREE
Driivz, a unit of Vontier (NYSE: VNT), announced a partnership to provide software for the Duracell E-Charge ultra-fast electric vehicle charging network across the UK.
The partnership will use Driivz's software platform to manage the charging network operations, including billing, monitoring and driver services. The EV Network, which operates the Duracell E-Charge brand under license, plans to invest more than £200 million targeting 100 sites and 500 charge points across the UK by 2030.
"Duracell E-Charge is being built to set a new benchmark for ultra-fast charging in the UK. That means high uptime, simple pricing and a consistently reliable experience for drivers," said Mark Bloxham, managing director of The EV Network.
The Driivz platform will provide charging operations management, billing capabilities, a white-label charging app and reporting analytics. The software includes roaming capabilities designed to increase network utilization rates.
"Charging networks that can scale, while optimizing their current operations to ensure seamless charging experiences for drivers now and in the years to come, are the networks that will lead the way in the future of mobility," said Shiri Levi-Laor, CEO of Driivz.
Driivz serves customers in 36 countries and currently manages over 3 million ports for charging operators including EVgo, Shell and Circle K. The company is a subsidiary of Vontier, which provides industrial technology solutions.
Information in this article is based on a press release statement from Driivz.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet Sees FY26 Capex $195B To $205B, Saw $180B To $190B
- Intel mulls partnering with SK Hynix for Ohio chip fab - Semafor
- Signature Resources clarifies private placement terms, raises $609,000
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share