Valence is a cloud-based, software-as-a-service platform designed to optimize commercial electric vehicle fleet deployments.
The acquisition enables Shell to scale its existing network and offerings to better participate in the long-term EV charging market opportunity.
With the growth of EV models and charging networks, whose connector equipment should become the standard? Will there ever be a one-size-fits-all EV plug-and-port like the common fuel pump nozzle?
Of Biden's $2 trillion infrastructure plan, $174 billion would be for building electric vehicle charging infrastructure and $115 billion for repairing highways and bridges.
Though it won’t happen overnight, successfully completing an electric vehicle (EV) fleet pilot will send you well on your way toward the reality of living with an EV fleet and mixed-fueling environment.
The transaction represents an enterprise value of $1.6 billion for Proterra.
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