Installs and operates bidirectional V2X EV chargers that enable electric vehicle owners to sell stored energy back to the grid during peak demand, generating up to $1,000 annually. The system reduces reliance on high-pollution power plants and provides home backup power during outages by discharging the EV battery. All installation, permitting, and setup are handled by the company, ensuring a seamless user experience.
Funding
Funding not disclosed
Founders
Product
Problem
Electric vehicle (EV) owners currently lack opportunities to monetize their EV batteries while contributing to grid stability. During peak demand, utilities often rely on high-pollution power plants, increasing carbon emissions. Furthermore, homeowners experience power outages without a readily available backup power source.
Solution
Bidirectional Energy provides a V2X (vehicle-to-everything) bidirectional EV charger that enables EV owners to sell stored energy back to the grid during peak demand, generating passive income. By discharging EV batteries, the system reduces the need for high-emission power plants, lowering the overall carbon footprint. The charger also automatically switches to powering the home during a blackout, providing a backup power solution. The company handles all installation, permitting, and setup, ensuring a seamless user experience.
Target Audience
The primary target audience is electric vehicle owners seeking to generate passive income, reduce their carbon footprint, and gain a reliable home backup power source.
Features
- Bidirectional V2X EV charger enabling energy flow to and from the grid
- Mobile app providing real-time notifications of earning opportunities based on grid demand
- Automated switching to home backup power during outages
- User-configurable settings for battery capacity usage and appliance prioritization during outages
- Carbon emission reduction tracking displayed within the app
- Complete installation, permitting, and setup services