The Problem
The EV charging software ecosystem is experiencing significant growth due to the global shift towards electric mobility.
However, the current EV charging ecosystem faces challenges in providing a seamless, standardized, holistic and user-friendly experience for EV owners. Multiple providers offer individual, patchwork solutions that lack interoperability. In order for the EV market to continue to grow and meet customer expectations, these challenges must be addressed.
The Solution
PIONIX solves these challenges with its open-source platform, EVerest, which provides a standardized and shared framework to facilitate a more cohesive charging experience. EVerest is a multifaceted software suite designed to operate charging stations and enable compatibility. By utilizing the Open Charge Point Protocol (OCPP), EVerest can seamlessly connect to existing Charging Point Operator (CPO) backends without being tied to specific hardware.
The Linux Foundation has recognized the company's innovative approach, positioning PIONIX as a key player in the evolving EV charging market.
Why we invested
PIONIX’s open source software EVerest has the potential to be a game-changer in the industry by addressing the exact road-blocks that currently exist. This breakthrough technology has the potential to reshape the landscape of the EV charging market.
An investment in PIONIX will allow us to tap into and profit from the growing EV charging market by providing a critical component of the charging infrastructure. The company’s commitment to open-source principles gives it a unique advantage in the industry. By providing an open platform for collaboration and innovation, PIONIX fosters a community-driven approach that will drive continuous improvement, and in turn, demand and adoption.