For Immediate Release
April 18, 2023
Rimot is joining forces with U.S.-based BorgWarner (NYSE: BWA) to deploy the first bi-directional direct current fast charging (DCFC) for marine vessels and the electricity grid in North America.
The commercial agreement will combine Rimot’s innovative BlueGrid technology and BorgWarner’s market-leading bi-directional chargers to accelerate commercialization and deployments of Rimot’s vessel-to-grid solutions (V2G) that turn electric vessels into virtual power plants (VPPs).
Electric vessels will become economical virtual energy storage resources to support electricity grids at their times of greatest need without negatively impacting vessel operations. New vessel-to-grid revenue streams for vessel owners will further reduce the total cost of ownership of electric vessels, providing an important incentive for their increased use.
With 52,000 employees working at 92 locations worldwide, BorgWarner designs and manufactures bi-directional V2G chargers in the United States.
Rimot’s experience in marine electrification and BorgWarner’s market-leading charging products for electric vehicles will bring both companies’ respective development teams together to advance the path to net-zero for both the electricity grids and marine transportation.
“Rimot is excited to work with such a dynamic, global company as BorgWarner. Their charging products are helping bring added benefits to owners of electric vehicles and now marine vessels. Rimot’s singular focus on unlocking the environmental and financial value of marine vessel batteries to benefit both vessel owners and grids can help expand the reach of electrification from land to sea.”Andrew Boswell, CEO, Rimot
“Our strong commitment to a clean, energy efficient world goes far beyond the road. We’re proud to join Rimot in delivering the first bi-directional DC fast charging for the marine sector and Charge Forward with new pathways to electrification.”Isabelle McKenzie, President and General Manager, BorgWarner Morse Systems