RCS - Powerverse - Powerverse and AffinityEV Partner
06/02/2025 08:15
For best results when printing this announcement, please click on link below: https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250206:nRSF0510Wa&default-theme=true RNS Number : 0510W Powerverse 06 February 2025 Powerverse and AffinityEV Partner to Transform the EV Ecosystem LONDON, GB / ACCESS Newswire (https://www.accessnewswire.com/) / February 6, 2025 / Powerverse, a leading AI-powered software company and AffinityEV, a pioneering automotive & energy tech platform that transforms dealership connectivity, today announced a partnership to revolutionise the EV ecosystem enabling OEMs & dealers to seamlessly integrate EV sales with smart home energy solutions. Related Image (https://cdn.nwe.io/files/x/06/2d/e241df7066058c34693e1a495cd5.png) This collaboration integrates Powerverse's next generation Energy Operating System (EOS) with AffinityEV's dealership connectivity, creating a seamless end-to-end customer experience while unlocking new revenue streams for dealerships & OEMs. "This partnership accelerates EV adoption & empowers consumers to make smarter choices as they join the electric future," said Richard Britton (https://stats.nwe.io/x/html?final=aHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2luL3JpY2hhcmRicml0dG9uLw&sig=3B88x0TSA8d8y5JaevNCw3acUAcd2MtkSIb2yQUpGiXBnYpTtwjrV6pZQicOC23G1UunaK_ClHNL2hVAcDQjXw&hit%2Csum=WyI0cjZpcGIiLCI0cjZpcGMiLCI0cjZpcGQiXQ) , CEO at Powerverse. "By combining our AI-powered energy management platform with AffinityEV's leading automotive solution, we're removing the barriers that hinder EV sales and enhancing dealership & customer experiences." This industry-first integration transforms the fragmented EV landscape by providing connectivity that streamlines the entire EV purchasing process & simplifies the home electrification journey. Consumers now experience a fully connected journey-from EV purchase to home electrification, including charging, solar, and smart energy management. The Powerverse app offers intelligent device integration, personalised tariff-switching & vehicle servicing reminders. Seamlessly integrated into LMS & DMS dealer platforms, AEV software eliminates the reliance on sales executives & creates a frictionless, revenue-generating experience for dealerships & OEMs. Dealerships & OEMs can expect: Increased EV Sales: Aligning the EV buying & home electrification journey, the partnership eliminates barriers to adoption, increasing EV Sales by 5%. Faster Sales Cycle: Streamlined processes reduce customer delivery time by 40%, lowering OEM & dealers stocking & flooring costs. Access to New Revenue Streams: A shift from transactional sales to lifetime customer value through data-driven upselling of green home devices & car services. Enhanced Customer Experience: A simplified EV purchasing process & personalised home energy management via the white-label Powerverse (https://stats.nwe.io/x/html?final=aHR0cHM6Ly9wb3dlcnZlcnNlLmNvbS9hcHAv&sig=ooHD7Y62mLn6IgJt9ZqMldMDYntCsyBQB1d7RvR9Tj8ACLo0qzkbZPUv5uHBuJK4oZzxQjpeN5SlyHdfspYOXg&hit%2Csum=WyI0cjZrNjQiLCI0cjZsZzMiLCI0cjZpcGQiXQ) app. Improved Customer Loyalty: Powerverse's AI smart energy assistant, Raya, delivers personalised recommendations to save money & reduce carbon footprints. "This partnership is a game-changer, seamlessly connecting the entire journey from automotive to energy for OEMs, dealers, & customers," said Raj Lyons Chohan (https://stats.nwe.io/x/html?final=aHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2luL3Jhamx5b25zY2hvaGFu&sig=fIvdNk32bJPqG5EHJpb5fuSG-L58TecSxv6sHUGiQft5v4LjuwFn1OPI0xxKOC9lUJICO-uXQC_35vRskux34w&hit%2Csum=WyI0cjZpcGciLCI0cjZpcGgiLCI0cjZpcGQiXQ) CEO at AffinityEV. "With AI transforming the industry, AffinityEV's dealership connectivity-combined with Powerverse's AI-driven Energy Operating System-creates a powerful ecosystem that unlocks new revenue streams for OEMs & dealers while helping drivers save money through intelligent HEMs." With leading dealerships experiencing significant benefits, Powerverse & AffinityEV plan to scale their solution across the UK, transforming how EVs are sold & integrated with home energy solutions. About Powerverse Founded by Nick Boyle (https://stats.nwe.io/x/html?final=aHR0cHM6Ly9saWdodHNvdXJjZWJwLmNvbS9uZXdzL2xpZ2h0c291cmNlLWJwLWZvdW5kZXItcmVjb2duaXNlZC13aXRoLXVrLXNvbGFyLWFjaGlldmVtZW50LWF3YXJkLw&sig=IvlvHBne0h0AC0z3h8XEubBXiK96hmqAb90JWb_e7mJ6imsvM1cfmat1bkHBrczJrAWG98U52JldwvKMGPCR_g&hit%2Csum=WyI0cjZpcGkiLCI0cjZpcGoiLCI0cjZpcGQiXQ) , creator of a leading global solar energy company, Powerverse delivers best-in-class technology for the electric future. Powerverse are committed to creating a trusted ecosystem that optimises home energy management for businesses & empowers consumers to "unthink energy". Website: www.powerverse.com About AffinityEV Founded by Raj Lyons Chohan, AffinityEV unifies the EV ecosystem across automotive & energy sectors, enabling OEMs, dealerships, & energy providers to seamlessly connect EV sales with home electrification. Backed by Enterprise Ireland, AffinityEV accelerates EV adoption, unlocks new revenue streams, & enhances customer experience. Website: www.affinityev.com Contact Information Lauren Forster Head of Marketing press@powerverse.com Zoe Chohan Operations Manager zoe.chohan@affinityev.com SOURCE: Powerverse This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRASSAFEIEISEDE