Sanjeev Singh, Toronto- based CEO of Elocity Technologies selected to participate in Ontario-India Trade and Investment mission
Tuesday, November 5th 2019 3:28:46pm
Home to one of North America's largest ICT sectors and world-class technology industries, Ontario is well positioned to seize opportunities for greater collaboration and growth with India. That country is on track to become the largest sourcing destination for information and technology.
Elocity’s participation is in part attributable to its position as both an Ontario-based technology company and key player in the emerging electric vehicle (EV) space. Their work empowers utilities and smart cities to predict and manage variable loads from grid-connected electric vehicle charging, in essence, deploying the EV infrastructure of the future.
Elocity’s EVNET technology uses a secure blockchain based, smart charging platform that provides utilities with load predictions, elasticity factors, and the ability to curtail or even drawback charge to support grid resilience and cost management. This removes of many barriers to the rapid adoption of electric vehicles (EV). It transforms electric vehicle charging into a grid management tool, rather than a demand capacity problem.
The Elocity team has global-level expertise, experienced in the Indian marketplace supporting the utility sector that is focused on providing smart innovation for the electro mobility future.
For more information or to schedule an interview: