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Volteras wants to connect to more EVs than anyone else

Volteras, a London-based startup, aims to connect the largest number of EVs to the grid, transforming them into virtual power plants. With a recent $11.1 million funding, they develop software to allow EVs to return energy to the grid, overcoming hurdles like the lack of bidirectional chargers. Collaborating with over 30 automakers, Volteras seeks to revolutionize energy distribution and connected car services.

Key points

  • Volteras is focused on integrating electric vehicles (EVs) into the energy grid.
  • The U.S. installed 37.1 gigawatt-hours of grid-scale energy storage last year, with potential to increase significantly by utilizing EVs.
  • Many new EVs lack vehicle-to-grid support, but this is changing, aided by software advancements.
  • The startup secured $11.1 million in Series A funding, enabling further development.
  • Volteras aims to connect with 90% of the global automotive market by year-end.
  • Utilities can pay EV owners to sell stored electricity back to the grid, creating financial opportunities.

Why it matters

  • The development is in line with the growing trend of sustainability and renewable energy as reflected in the 2025 IT trends.
  • Other companies are also exploring vehicle-to-grid solutions, indicating industry-wide interest.
  • The push for connected car technology mirrors advancements in smart grid innovations, shaping the future of energy distribution.

Volteras is at the forefront of integrating EVs into the energy ecosystem, promising to enhance grid stability while creating new revenue streams for EV owners and automakers alike.