RAZO offers a smart charging platform for electric vehicles that optimizes energy usage and reduces costs. Their solution provides a white-label app, a smart charging API, and a virtual power plant (VPP) to manage and monetize flexible energy resources. This allows businesses to create their own smart charging solutions and integrate various energy assets into a unified system.
Funding
Funding not disclosed
Founders
Product
Problem
Managing electric vehicle (EV) charging, especially with solar photovoltaic (PV) systems and dynamic electricity tariffs, can be complex and inefficient, often requiring manual intervention and resulting in suboptimal energy usage and increased costs. Existing solutions often lack the ability to intelligently forecast PV generation and integrate with dynamic tariffs, leading to missed opportunities for cost savings and increased reliance on grid electricity.
Solution
RAZO Energy provides an energy management app that automates EV charging by integrating PV surplus and dynamic electricity prices to minimize costs and maximize self-sufficiency. The app uses a precise PV surplus forecast, combined with real-time data, to optimize EV charging schedules. RAZO automatically charges EVs with PV surplus and supplements with grid electricity during the cheapest times, leveraging dynamic tariffs. The system is designed to work with existing hardware and offers a free personal setup service to ensure seamless integration.
Target Audience
RAZO Energy targets EV owners with solar PV systems and dynamic electricity tariffs seeking to automate and optimize their EV charging, reduce energy costs, and increase self-sufficiency. The solution also caters to energy providers, hardware manufacturers, and installers looking to offer smart charging and virtual power plant solutions to their customers.
Features
- Automated control of PV systems, EV chargers (wallboxes), and EVs, with heat pump integration planned
- Precise PV surplus forecasting using weather data and system characteristics
- Dynamic electricity tariff integration to charge EVs during the lowest-price hours
- Two solar charging modes: Solar (charges exclusively with PV surplus) and Smart Solar (charges with PV surplus and supplements with grid electricity during off-peak hours)
- AI-powered departure time prediction, adapting to user habits and external factors
- Compatibility with internet-enabled EV chargers supporting OCPP
- Mobile app for iOS and Android
- Real-time monitoring of energy flow, savings, and consumption
- Historical data visualization of savings, consumption, and energy sources