The Fermata Energy platform allows EVs to be used as mobile energy storage assets to send energy stored in EV batteries to the local grid or to a building when it is needed most, while also supporting grid resilience. V2X includes vehicle-to-grid (V2G) and vehicle-to-building (V2B) projects.
Under the agreement, Fermata Energy will pair its V2X bidirectional chargers and AI-driven software platform with Phoenix’s zero emission drive system. The partners says this will mean that customers can earn revenue while their vehicles are parked either from their local utility (V2G) or avoid costly peak demand charges by sending energy to their building (V2B).
“V2X bidirectional charging unlocks the value in EV batteries. Partnering with Phoenix Motorcar adds a new class of vehicles to our bidirectional charging portfolio and extends the opportunities for fleet owners and operators to earn revenue without impacting vehicle utilisation,” said David Slutzky, founder and CEO of Fermata Energy.
