Alliance Ventures invests in The Mobility House to boost electric mobility
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, announces an investment in The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions.
The Mobility House is based in Germany, Switzerland and California’s Silicon Valley.
Alliance member companies and The Mobility House have already embarked on several projects together. For instance, through collaboration with The Mobility House, the Nissan Leaf was the first electric car to be used in a Vehicle-to-Grid (V2G) project in Germany, in Hagen.
Cooperating with Groupe Renault, The Mobility House will market the biggest stationary energy storage systems made with electric vehicle batteries in Europe and contribute through its smart energy platform to make the Portuguese island of Porto Santo, near Madeira, the first “smart island” in the world.