As carmakers are vowing to change their vehicle fleets to electric or hybrid-electric, utilities such as Italian power giant Enel are taking notice.
Enel acquired Electric Motor Werks, a small, fast-growing California developer of charging stations and power management software.
“Electric vehicles have the potential to be one of the most disruptive technologies the modern electricity grid has faced in the last one hundred years,” said Francesco Venturini, head of Enel’s Global e-Solutions division, in a statement. “The electric mobility revolution is leading utilities, grid operators, and consumers to rethink traditional business models, invest in new infrastructure, and roll out new solutions to provide flexibility and resiliency to the grid.”
Read more of the original article at TechCrunch.