Tokyo and London – Mitsubishi Corporation (CEO: Takehiko Kakiuchi, “MC”), Kaluza Limited (CEO: Scott Neuman, “Kaluza”) and Chubu Electric Power Miraiz Co. (President: Shinya Otani, “Miraiz”) have started a smart charging trial for electric vehicles (EVs) in order to accelerate the development of decarbonisation-focused services for the mobility sector.

Kaluza’s platform is being deployed to optimise when EVs charge at users’ homes so they store cheap and green energy, helping to reduce energy costs for society as a whole while providing a rewarding charging experience for customers. Through the deployment, Kaluza will demonstrate the effectiveness of its technology and benefits of this type of service in the Japanese market.

Based on the results obtained from this trial, the three companies will continue to develop smart services for electric vehicles, helping increase adoption and powering progress towards a decarbonised society.

Kaluza works with a number of leading automotive and energy companies in the UK including OVO Energy, the country’s third largest energy supplier. Kaluza’s platform uses AI to optimise the charging of a variety of distributed energy resources, including electric vehicles, to help customers reduce their energy costs, expand the use of renewable energy, and reduce congestion on power transmission and distribution networks, thereby contributing to the creation of a decarbonised society. Kaluza is also partnering with Mitsubishi Corporation to develop new services for electric vehicle drivers in Japan.

Satoru Tamiya, General Manager of Mitsubishi Corporation’s Utility Service Department, commented:

“In line with our greenhouse gas emission reduction targets and energy transformation investment guidelines set out in October 2021, and as a business involved a diverse array of business including resources and energy, we are committed to fulfilling our responsibility to ensure a stable supply of energy while balancing the common global challenge of achieving a carbon-neutral society.

We look forward to expanding our collaboration with Miraiz and other electric retailers and automakers who support our alliance with Kaluza to provide solutions for the electric vehicles of the future.”

Scott Neuman, CEO of Kaluza commented:

“This new initiative enables energy, transport and advanced software to come together and deliver low-carbon solutions centred around the customer. We are delighted to deploy our smart charging technology in Japan with Mitsubishi Corporation and Miraiz, and look forward to pioneering new propositions together with a range of auto manufacturers.”

Taro Usui, Manager of Service Platform Development Dept. of Miraiz commented:

“In line with the ‘Zero Emissions Challenge 2050’ announced by the Chubu Electric Power Group on March 23, 2021, we will continue to develop energy management services and other services to support electrification and reduce CO2 emissions.”

About Mitsubishi Corporation

Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses together with its offices and subsidiaries in approximately 90 countries and regions worldwide, as well as a global network of around 1,700 group companies.

MC has 10 Business Groups that operate across virtually every industry: Natural Gas, Industrial Materials, Petroleum & Chemicals Solution, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution and Urban Development. Through these 10 Business Groups, MC’s current activities have expanded far beyond its traditional trading operations to include project development, production and manufacturing operations, working in collaboration with our trusted partners around the globe.

With an unwavering commitment to conducting business with integrity and fairness, MC remains fully dedicated to growing its businesses while contributing to a prosperous society.

About Kaluza

Kaluza is the leading intelligent energy platform powering the future of energy. From revolutionising billing to smart electric vehicle charging and vehicle-to-grid, Kaluza’s technology is empowering some of the biggest energy suppliers to better serve millions of customers. Its real-time cloud platform transforms supplier operations, reducing cost to serve and boosting customer engagement. Powered by Kaluza, suppliers can invest in innovating for tomorrow’s customers and drive decarbonisation with smart, low carbon technologies that not only reduce energy bills, but lay the foundations for a more flexible energy system. www.kaluza.com

About Miraiz

CHUBU Electric Power Miraiz was spun off from Chubu Electric Power on April 1, 2020, in order to face customers closer and conduct business operations more speedily as a sales business company of the Chubu Electric Power Group.

We will grow into a company that enriches the lives of our customers and supports their businesses by delivering new values and services, including community support infrastructure that can help solve various social issues, while drawing on our many strengths, such as the relationships of trust we have cultivated with our customers, our technological capabilities, and our ability to make proposals, to be closer to our customers.