The partnership between EverCharge and PassKey, subsidiaries of SK Group, the South Korean conglomerate, will develop a battery energy storage system (BESS) to supplement EverCharge’s EV charging stations.
EverCharge’s American-made EV charging stations, and patented load balancing software, SmartPower, enable large-scale EV charging by managing and controlling electric loads. They analyise the charging patterns of EVs, and intelligently allocate available power based on the individual vehicle’s need.
The new BESS developed by Passkey and EverCharge will be used to consolidate power during off-peak hours and deploy the energy via EV charging stations during periods of high demand. By combining EV charging with battery storage to mitigate demand peaks, sites can benefit from lower operating costs and additional energy resiliency.
As the US arm of SK Group’s sustainable energy solution business, PassKey’s mission is to accelerate the clean energy transition toward net-zero, while providing affordable, convenient, and reliable electricity services to North American customers. SK Group acquired EverCharge in March 2022 as part of this mission.
Earlier this year, EverCharge and PassKey announced a partnership with Avis Budget Group, a leading global provider of transportation solutions, to launch a significant number of EV charging stations at the George Bush International Airport (IAH) in Houston, Texas. The collaboration at IAH is designed to serve as a model for scalable fleet electrification planning at airports across the US, and the companies intend to expand this partnership to additional airport locations throughout 2023 and beyond.
