21
Sep
Weymouth launch of GreenMotion charging stations

Stewart McKee, Green Motion managing director (far right), watches on as Councillor Peter Finney MBE, the portfolio holder for Dorset Highways and Transportation, opens the authority’s new Green Motion electric vehicle charging stations, in Weymouth.

 

Catalyst Venture Partners (CVP) has signed an exclusive agreement to advise Green Motion (UK) Limited on its entry into the rapidly growing UK market for electric vehicle charging infrastructure.

Richard Turner, CVP managing partner says: ‘The move to electric transport is now well underway. For widely documented reasons of dwindling oil reserves, desire for cleaner cities and future energy security, electric car charging infrastructure is becoming a mainstream mass market.

‘In addition to massive scale, the market is a cross roads for hardware installation, software applications and smart energy management. Green Motion has brought together a uniquely talented team and proven technology to fully exploit the commercial opportunity. This is a great moment to participate directly in the energy revolution.’

In 2011/12 major car brands such as Nissan, PSA, Citroen, Mitsubishi, Renault, Ford, Toyota and VW are all launching affordable electric vehicles, which is driving municipal and private sector growth in charging infrastructure investment. By 2015 there will be 100,000 recharging stations fuelling 300,000 electric vehicles in the UK.

Green Motion has developed a new generation of charging post infrastructure, which paves the way for many innovative and essential carbon reducing technologies. Fully GSM networked and powered up with more enabling microprocessor technology than a PC, the Green Motion devices have the unique distinction of being the only UK charging points to connect electric cars directly with renewable electricity, from wind and solar sources, giving electric car owners the ultimate green credentials.

The same technology also sets up vehicle to grid load balancing and micro generation ‘feed–in’, which allows energy generators to rely more on renewable alternatives without risk of supply interruption.

Green Motion has invested £500,000 into a two-year product development programme with a key focus on energy and mobility. Green Motion smart charging networks are presently operating in several locations in Switzerland, including Ecole Polytechnique Federale de Lausanne (EPFL) – one of Europe’s leading technology institutions.

Green Motion (UK) Limited has exclusive technology IP, manufacturing and management expertise. Having established its credentials by winning a prestigious contract to install infrastructure to support the 2012 Olympic sailing event in Weymouth, the company is looking for investment to quickly scale up its UK operations.

 

For further information contact Rosie Bennett at Catalyst Venture Partners on 01225 331498 or email rb@catvp.com


About Green Motion: http://www.green-motion.co.uk

GreenMotion is an independent electronic device manufacturing, integration, and software development company. Its vision is to encourage the use of clean energy sources, by becoming Europe’s leading developer and manufacturer of electric vehicle charging stations. The company also has exclusive partnership agreements with innovative electricity retailer Green Energy (UK) Plc and energy management software specialists Smart Grid Technologies Limited.


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