With the increasing popularity of electric vehicles (“EVs”), numerous companies are now developing complementary technology to make electric vehicles even more useful to the consumer. Vehicle-to-grid, or bidirectional charging, is the latest technological breakthrough, giving electric vehicles the ability to both take in and discharge electricity. Last week, Dcbel, an energy company based in Montreal, announced that it was launching an all-in-one energy management unit that could both charge your EV and act as a back-up power source for your home.
Dubbed the r16, the energy-management unit will consist of a solar-powered system on the roof to power your home as well as charge your electric vehicle. The system is equipped with fast-charging technology and will be capable of charging up to two EVs at a time. According to Dcbel’s CEO, Marc-Andre Forget, his company’s all-in-one energy management unit is akin to a small Tesla Supercharger inside your home. However, Tesla’s home energy system, complete with solar tiles and a Powerwall battery for stationary power storage, isn’t cheap, costing you $6,000 for installation plus around $44,000 for a full solar roof.
On the other hand, Dcbel’s home solar system is much more affordable, at only $4,999 plus installation. With its fast-charging capabilities, the r16 can add up to 60 miles of range in an hour. The unit comes with an app that allows users to monitor their homes and electric vehicles to track their energy use. Although Dcbel’s solar-powered system can charge any electric vehicle model on the market, only vehicles that are currently equipped with bidirectional charging will be able to act as a power source once they are all charged up.
At the moment, only the Nissan Leaf and the Mitsubishi Outlander plug-in-hybrid have vehicle-to-grid or bidirectional charging capabilities. Fortunately, the technology is becoming more prevalent, and more automakers are adding vehicle-to-grid capabilities to their electric vehicles, including the Kia EV6 and the upcoming Volkswagen EVs. Dcbel will release the r16 in California this summer as the state has a higher level of EV penetration and will provide a larger market.
After millions of Americans in Texas were plunged into darkness after extreme winter storms caused massive power outages, the state caught Dcbel’s eye. The company now has tentative plans to roll out the r16 in the Lone Star state. Were another power outage to occur, this unit would automatically switch to powering the house using solar energy and power stored in the EV’s battery. Depending on your home’s power usage, the car battery would be able to power your home for an average of 12 hours.
It is good that the movement to green up the automotive industry is evolving at a fast pace as exemplified by the innovation by Dcbel and others contemporary businesses, such as the work being done by Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) to create a widespread network of hydrogen fuel cell stations across North America.
NOTE TO INVESTORS: The latest news and updates relating to Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6A) (OTC: MOTNF) are available in the company’s newsroom at https://ibn.fm/MOTNF
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