July 15, 2015

FreeWire Partners with Siemens to Make EV Charging for Businesses Easier and Faster to Deploy

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–FreeWire Technologies, Inc. and Siemens are partnering to pilot and commercialize the Mobi Charger™, employing the Siemens eCar Operation Center (OC) and the Siemens VersiCharge electric vehicle-charging technology. Mobi Charger turns traditional charging on its head and rolls the charger to the vehicles, regardless of where they are parked in the lot. The integrated system enables businesses to easily offer mobile EV-charging, cost-efficiently powered by second-life EV batteries, and intelligently interconnected to the Internet and electricity grid.

FreeWire and Siemens will be operating a three-month pilot at LinkedIn’s Mountain View campus, providing access to hundreds of employees who drive electric vehicles.

Siemens has chosen FreeWire to be the first partner in the U.S. to deploy its eCar Operation Center, a cloud interface built from the ground up to manage large-scale EV charging. The system is already in wide-spread operation by several of the world’s largest utilities, enabling them to use EV charging as a resource to support grid stability, and distribution networks across Europe.

Current EV-charging options usually require high infrastructure investment costs plus the delay and hassles of planning and permitting, challenges that may be further complicated by being on leased commercial property. Using Mobi Charger, businesses would be able to rapidly scale-up to meet demand for charging availability, while gaining a flexible, distributed-energy asset they can use to efficiently manage energy usage and costs.

“It’s inspiring that a visionary, global giant like Siemens is working with a bold startup like FreeWire,” said FreeWire CEO and Co-founder Arcady Sosinov. “Together we are innovating energy-storage solutions at the grid edge.”

“Siemens has worked with electric vehicle systems across the world and have seen first-hand that the electric car fleet can become a valuable extension of the grid,” said Chris King, Chief Regulatory Officer of Siemens Smart Grid. “Through this partnership, Siemens will be able to extend our advanced electric vehicle charging technology not only to residential users but now to commercial users through this innovative mobile and cost-effective technology.”

Mobi Charger presents an easy, alternate solution with additional benefits. A single Mobi, integrating Siemens’ VersiCharge technology and powered by smartly repurposed second-life EV car batteries, can charge five cars per day and use lower-cost, off-peak energy. Siemens’ eCar OC includes useful interfaces for the EV driver, the Mobi manager, and the electricity-rate payer, and can provide predictive visibility for the utility. Mobi units may be leased or purchased.

This press release and a press picture / press pictures/ further material is available at http://news.usa.siemens.biz/.

For further information on Siemens electric vehicle technologies, please see http://w3.siemens.com/smartgrid/global/SiteCollectionDocuments/Products_systems_solutions/Software%20Solutions/eCar%20Brochure/Siemens_Brochure_e-car_LQ09.pdf.

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of combined cycle turbines for power generation, a leading provider of power transmission solutions and a pioneer in infrastructure solutions and automation and software solutions for industry. The company is also a leading supplier of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2013, which ended on September 30, 2013, revenue from continuing operations totaled €75.9 billion and income from continuing operations €4.2 billion. At the end of September 2013, Siemens had around 362,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

Siemens Corporation is a U.S. subsidiary of Siemens AG, a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. With 343,000 employees in more than 200 countries, Siemens reported worldwide revenue of approximately $98 billion in fiscal 2014. Siemens in the USA reported revenue of $22.2 billion, including $5.2 billion in exports, and employs approximately 46,000 people throughout all 50 states and Puerto Rico.

FreeWire Technologies, Inc. is a technology company based in San Leandro, California that produces mobile energy storage solutions using second-life EV batteries. It was founded in 2014 to create innovative energy applications at the edge of the grid.

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