Maingau Energie is investing in the e-mobility start-up elvah with Yippie GmbH, a wholly owned subsidiary of the energy supplier. Founded in 2020, the young company aims to link the energy and mobility sectors using software. With the “largest decentralized powerbank” from e-vehicles, it aims to close the gap in suitable storage capacities and thus contribute to the German government’s goal of covering 80 percent of Germany’s energy needs with renewable energies in 2030. In addition, elvah will further develop its charging solution for e-cars.
With this investment, Maingau Energie is supporting the further development and vision of elvah – in concrete terms, the energy supplier is contributing its wealth of experience in the energy industry both operationally and strategically. “The challenges of the energy transition can only be mastered with strong cooperations and partnerships. In this context, the flexibly usable batteries of electric cars are a key factor in meeting the requirements of tomorrow’s electricity market. We are therefore very pleased to have gained an innovative partner in elvah, which, just like Maingau Energie, is working on a wide range of solutions for the electricity market of the future,” says Richard Schmitz, Managing Director of Maingau Energie. www.maingau-energie.de; www.elvah.de