Wevo Energy is a global software supplier to CPOs and EV service providers, delivering an industry-leading software platform to optimize EV charging. The company’s cloud-based platform enables charge point operators and building owners to easily and effectively manage EV charging at various locations. Using cutting-edge data science and AI, Wevo learns driver behavior to orchestrate the ideal charging schedule while minimizing costs and taking advantage of grid incentives.
Wevo's load management technology maximizes existing building infrastructure by intelligently allocating power where and when it's needed most, allowing sites to install more charging stations without expensive infrastructure upgrades. The company's smart algorithms learn drivers' behaviors and create an optimal charging schedule, charging when rates are lowest and ensuring that the vehicle is fully charged by the time it's needed.
Founded in 2021 and headquartered in Israel, Wevo Energy recently secured a Seed Round investment at 05 June 2023 from SolarEdge Technologies, further solidifying its position in the Energy and Automotive industries.