Elywhere, the Norwegian high-power charging technology company, and Evyon, the Oslo-based EV battery converting company, have decided to merge to create a strong entity in the global energy storage market.
Evyon offers battery intelligence capabilities, which will enable Elywhere to deliver enhanced value, performance, and safety to its customers. The combined company will have capabilities in product development, battery intelligence, sales, production, operations and finance.
The customers for the combined charging and battery solutions of Elywhere are mainly found in the HDEV sector (heavy-duty electric vehicles), both in Scandinavia and in the European market. The flagship is the EB Series charging station with up to 1MW of battery capacity with a minimum of impact on the electrical grid.
Evyon has already delivered energy storage solutions to six countries and repurposed more than 1,000 EV batteries with a total capacity of more than 10MWh. Evyon’s battery control unit ensures the system operates within safe limits with 24/7 cloud monitoring to observe trends and anomalies not detectable by the battery management system.
Jørgen Erdal, Co-founder of Evyon, founded in 2020, commented: “Joining forces with Elywhere is a fantastic opportunity for us to expand our impact by bringing our battery expertise to life through Elywhere’s product portfolio.”
Kenneth Hauge, Founder of Elywhere, founded in 2021, expressed his enthusiasm: “We are thrilled to merge with Evyon and leverage their expertise in batteries and energy storage. This merger will enable us to deliver even more innovative and reliable solutions.”
Jørgen Erdal will continue as the CEO of the joint entity. Both companies will continue to offer their respective products in the short to medium term, after which they will operate under the Elywhere brand.
