Revolv, which describes itself as “a complete single-partner solution to seamlessly deploy, charge, and integrate EVs into operations,” has secured a total of $445,000 in award funding from CALSTART’s EnergIIZE program. The grant, which Revolv managed for two of its existing clients, will cover 70% of the customers’ charging infrastructure costs.
As an EnergIIZE-approved vendor, Revolv managed and submitted the application to demonstrate project readiness, cost-effectiveness and community benefits for the customers’ fleet electrification programs. Revolv’s customers—one based in Orange County and another based in Los Angeles County—were awarded $367,000 and $78,000, respectively.
Funded by the California Energy Commission’s Clean Transportation Program, EnergIIZE provides reimbursement grants for infrastructure projects that deploy zero-emission vehicle charging for medium-duty and heavy-duty commercial fleets. The EV Jump Start Funding Lane covers up to 75% of eligible equipment and software costs related to the acquisition, operation and maintenance of chargers, management software, and electrical infrastructure (including switchgears, panels, conduit and meters). This funding lane is intended for fleet users who are located in or who have at least 50% of fleet operations in disadvantaged communities.
“Our Revolv team helped two customers, with significant operations in low-income communities, navigate the complex EnergIIZE application process and secure funding for 70% of the infrastructure costs,” said Scott Davidson, CEO of Revolv.
“We’re encouraged to see that two more fleet electrification projects will come to fruition as a result of California incentives and are happy to be delivering on our value proposition to our customers,” said Quentin Cole, Director of Infrastructure, Development and Operations at Revolv.
The next round of EnergIIZE project funding is set to open on July 16, 2024.
Source: Revolv
