Vontier Corporation ("Vontier") has recently made an announcement regarding the formation of EVolve, a portfolio entity dedicated to accelerating growth as a leader in sustainable solutions for the e-mobility ecosystem. This move marks a strategic step towards spearheading the rapid transition to electric mobility by offering an interoperable electric vehicle charging and energy management platform.
Andrew C. Bennett, a seasoned executive with over 27 years of experience in scaling software companies focused on the energy industry, has been appointed as the President and CEO of EVolve. Prior to his role at EVolve, Bennett served as the CEO at mPrest and held key positions at IBM's AI Applications Business Unit and Schneider Electric's Energy Business Unit.
EVolve's joint solution, powered by market leaders Driivz and Sparkion, is set to make its debut at Circle K, Norway, where an initial site has recently been installed. Circle K, a prominent player in the European market with nearly 1,600 charge points across its sites, is owned by the Alimentation Couche-Tard corporation. The implementation of the Driivz-Sparkion solution is expected to unlock additional onsite power and enhance the driver experience, while also reinforcing Circle K's commitment to a more sustainable future.
EVolve's CEO, Andrew C. Bennett, expressed enthusiasm about the partnership with Circle K, highlighting the company's leadership in EV charging. The objective is to establish a future-proof EV charging and energy management infrastructure that seamlessly caters to businesses, fleets, and drivers. By delivering a superior EV charging experience, EVolve aims to empower its customers to embrace sustainable mobility and clean energy, creating a positive impact on the environment.
Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions, and let LevelFields help you become a better trader.