Volkswagen charging unit teams up with Norway’s Otovo to broaden EV services

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The partnership marks the latest move by Volkswagen along the energy sector’s value chain, already covering wallboxes, power tariffs as well as access to more than 700,000 public charging spots across Europe

Volkswagen’s EV charging unit Elli has partnered with Norway’s Otovo to offer Huawei equipment that lets customers connect their cars with solar and storage systems at home in order to cut power bills.

Norway’s Otovo, founded in 2016, essentially functions like a marketplace where homeowners can order equipment, including solar panels and batteries, as well as their installations in 13 markets across the continent. “In terms of EV sales, if you look at the list of the markets Otovo is in, they actually cover 70 per cent, 80 per cent of the entire European volume,” Elli CEO Giovanni Palazzo said.

The partnership will start out by integrating Huawei inverters, which convert direct current into alternate current, as well as battery storage systems by the Chinese companies, Otovo CEO and founder Andreas Thorsheim said.

 

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