Roil Motor Club provides electric vehicle (EV) owners with cash-back rewards for charging at home during optimal times, utilizing real-time grid data to minimize costs and carbon emissions. The platform also measures and offsets the carbon footprint of home charging, helping members achieve net-zero emissions while participating in demand response programs with major electricity grids.
Funding
Funding not disclosed
Founders
Product
Problem
Electric vehicle (EV) owners often lack incentives to charge their vehicles during off-peak hours, leading to increased strain on the electricity grid and higher carbon emissions. Furthermore, it can be difficult for EV owners to understand and offset the environmental impact of their home charging habits.
Solution
Roil Motor Club offers a platform that rewards EV owners with cash-back incentives for charging their vehicles at home during periods of low electricity demand and high renewable energy availability. By connecting their EVs to the platform, users gain access to real-time grid data that indicates the cleanest and cheapest times to charge. Roil also measures and offsets the carbon footprint associated with home charging, enabling members to achieve net-zero emissions. This approach helps to balance grid load, reduce carbon emissions, and provide financial benefits to EV owners.
Target Audience
Roil Motor Club primarily targets electric vehicle owners who charge their vehicles at home and are interested in reducing their carbon footprint while earning financial rewards.
Features
- Real-time grid data integration to identify optimal charging times based on cost and carbon intensity.
- Automatic carbon footprint measurement and offsetting for home EV charging.
- Cash-back rewards for charging during off-peak hours and participating in demand response programs.
- Compatibility with over 30 EV brands.