About Flux

Flux is developing a two-way charging system that enables electric vehicle (EV) owners to utilize their vehicle's battery for energy storage and grid services. This technology allows users to earn up to $12,000 annually while reducing their electricity bills by up to 80% and supporting renewable energy integration.

```xml <problem> Electric vehicle (EV) owners currently lack the ability to fully leverage their vehicle's battery capacity for home energy needs and grid stabilization. This results in missed opportunities for cost savings, revenue generation, and support for renewable energy integration. Furthermore, during power outages, EVs cannot readily serve as a backup power source for homes.</problem> <solution> Flux offers a two-way charging system that enables EV owners to utilize their vehicle's battery as a home energy storage solution and to provide grid services. The Flux charger allows users to reduce their electricity bills by discharging energy back to their home and earn income by participating in utility grid stabilization programs. The system also provides backup power to the home during outages, ensuring essential appliances can remain operational for up to 7 days. The Flux system is designed for easy installation and seamless integration, requiring only that the user plug in their EV.</solution> <features> - Two-way EV charger enabling vehicle-to-home (V2H) and vehicle-to-grid (V2G) capabilities - Smart energy management algorithms that optimize energy flow based on grid conditions and user preferences - Automated participation in utility demand response programs for revenue generation - Backup power functionality to supply electricity to the home during grid outages - Mobile app for monitoring energy usage, controlling charging schedules, and tracking earnings - Over-the-air software updates to enhance performance and add new features - No-cost professional installation </features> <target_audience> The primary target audience is electric vehicle owners who want to reduce their energy costs, generate revenue through grid services, and have a reliable backup power source for their homes. </target_audience> <revenue_model> The company generates revenue through the sale of its two-way charging system and potential partnerships with utility companies for demand response programs. </revenue_model> ```

What does Flux do?

Where is Flux located?

Flux is based in San Francisco, United States.

When was Flux founded?

Flux was founded in 2023.

Location

San Francisco, United States

Founded

2023

Employees

4 employees

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Flux

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Executive Summary

goflux.ai 100+

Crunchbase

Founded 2023 – San Francisco, United States

Funding

No funding information available.

Team (<5)

No team information available.

Company Description

Problem

Electric vehicle (EV) owners currently lack the ability to fully leverage their vehicle's battery capacity for home energy needs and grid stabilization. This results in missed opportunities for cost savings, revenue generation, and support for renewable energy integration. Furthermore, during power outages, EVs cannot readily serve as a backup power source for homes.

Solution

Flux offers a two-way charging system that enables EV owners to utilize their vehicle's battery as a home energy storage solution and to provide grid services. The Flux charger allows users to reduce their electricity bills by discharging energy back to their home and earn income by participating in utility grid stabilization programs. The system also provides backup power to the home during outages, ensuring essential appliances can remain operational for up to 7 days. The Flux system is designed for easy installation and seamless integration, requiring only that the user plug in their EV.

Features

Two-way EV charger enabling vehicle-to-home (V2H) and vehicle-to-grid (V2G) capabilities

Smart energy management algorithms that optimize energy flow based on grid conditions and user preferences

Automated participation in utility demand response programs for revenue generation

Backup power functionality to supply electricity to the home during grid outages

Mobile app for monitoring energy usage, controlling charging schedules, and tracking earnings

Over-the-air software updates to enhance performance and add new features

No-cost professional installation

Target Audience

The primary target audience is electric vehicle owners who want to reduce their energy costs, generate revenue through grid services, and have a reliable backup power source for their homes.

Revenue Model

The company generates revenue through the sale of its two-way charging system and potential partnerships with utility companies for demand response programs.