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Classified in: Oil industry, Transportation, Science and technology, Business
Subject: LIC

Greenlots Chosen as Network Provider for Major EV Charging Expansion in Thailand


BANGKOK, April 9, 2018 /PRNewswire/ -- Today, Greenlots, a global provider of electric vehicle (EV) charging and grid management software, announced it was selected to provide its cloud-based network services for Thailand's leading state-owned utility, the Electricity Generating Authority of Thailand (EGAT). The project will utilize Greenlots' award-winning SKYtm Network Operating Platform to manage the launch of EGAT's EV charging network across Thailand. The initial deployment will comprise 50 primarily Level 2 chargers with additional chargers anticipated. The new charging network represents a growing demand for EV charging across Southeast Asia and a critical market need for investment.

The network will also support BMW Thailand's ChargeNow program in the country, giving all BMW drivers access to the public charging network, and building upon Greenlots' existing partnership with BMW ChargeNow. Greenlots' partnerships with EGAT and BMW Thailand represent significant opportunities for major utilities and automakers to participate in the build out of charging infrastructure, which remains a key barrier to mainstream EV adoption.

As the use of hybrid and pure electric vehicles increases across Southeast Asia, Thailand is leading other countries in the race to attract investment, by creating incentives designed to accelerate the adoption of EVs. The Thai government wants 1.2 million EVs and 690 charging stations operating by 2036. A recent study from Frost & Sullivan found that 44 percent of Thai consumers are open to buying an EV, significantly outperforming the regional average intention to purchase an EV. The same study found that Thai consumers in particular are motivated to purchase an EV due to charging flexibility, convenience and lower operating costs.  

Greenlots provides interoperable EV charging network management software to its customers, including global automakers, utilities, and commercial real estate developers. Greenlots is partnering with local charging solutions company, GLT, which will install the Level 2 charging infrastructure in Thailand, while Greenlots will manage the network through its cloud-based platform. Greenlots' SKY EV Charging network assists customers in addressing the challenge of managing EV charging infrastructure at scale by providing an end-to-end network solution that includes a fully featured mobile app, flexible pricing options, real-time system data and advanced analytics, resulting in charging optimization for drivers, property owners and network operators at the lowest cost of ownership.

"This major expansion of EV charging networks in Thailand represents a watershed moment for electric vehicles in Southeast Asia, with high demand for increased charging options for consumers," said Lin-Zhuang Khoo, Senior Vice-President of Strategy at Greenlots. "EGAT and BMW Thailand's decisions to utilize Greenlots' comprehensive technology solutions represent global market validation for our products and signal that major companies, including utilities and automakers, will continue to play a critical role in the build out of EV infrastructure worldwide."

About Greenlots
Greenlots is unlocking the possibilities of the new electric mobility future by delivering innovative software, services and expertise that empowers utilities, cities, communities and automakers to deploy EV charging infrastructure at scale. Our technology brings together the latest in EV charging and energy management software, connecting people in a safer, cleaner, and smarter way. Headquartered in Los Angeles, CA, the company operates in 13 countries spanning three continents.

 

SOURCE Greenlots


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