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FreeWire acquires Mobilyze.ai platform to enhance EV charging utilisation

FreeWire Technologies, a provider of battery-integrated EV charging stations and energy management solutions, has acquired Mobilyze.ai, a platform that uses artificial intelligence to help site hosts strategically place fast-charging stations to maximise their return on investment. 
By James Foster December 14, 2022 Read time: 2 mins
FreeWire says intergating Mobilyze.ai's AI technology means its customers will be given data-driven recommendations on EV charger placement

Mobilyze.ai's EV charging analytics and prediction platform adds powerful capabilities to FreeWire's suite of service offerings to help site hosts make data-driven decisions regarding charging station deployment. FreeWire says integrating the platform will give its customers more resources to meet their business objectives and support the rapid buildout of charging infrastructure worldwide.

Over 180,000 public fast charging stations will be required to support 26 million EVs on the road in the US by 2030. Today, there is a gap between EV sales and the infrastructure needed to support them, and that gap is projected to get wider with time. Freewire says site hosts are eager to meet the infrastructure demand but, in many cases, lack the resources to know where to place ultrafast chargers to maximise utilisation and achieve the necessary return on investment. With the Mobilyze.ai integration, FreeWire customers will be given data-driven recommendations on charger placement to meet their business goals.

As part of the acquisition, Mobilyze.ai's founders, David Keith and James Long, are joining FreeWire's product management team. 

"Determining optimal locations for public EV charging stations to ensure profitability is extremely difficult today," said David Keith, co-founder of Mobilyze.ai. "Bringing Mobilyze.ai into FreeWire's suite of services offerings will make it easier for site hosts to forecast site utilisation in this rapidly changing transportation market and will provide peace of mind that they are addressing customer demand."

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