The gas utility lined up investments for two startups related to electric vehicles as it continues its renewable push.

Gas and energy company Energie 360° has invested in two electric vehicle (EV) technology companies – Munich-based ChargeX and Vienna-headquartered Ubiq – through its Smart Energy Innovation Fund.

ChargeX provides intelligent multiple charging sockets that allow for up to 10 EVs to charge from a single charging port, using smart phase distribution to allocate charge between the vehicles as efficiently as possible.

One of the biggest remaining barriers to mass EV uptake is the availability of charging options, including at…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.