Volvo Group Venture Capital AB has invested in Isreali EV charging software company Driivz, developer of a platform for managing large electric vehicle charging networks.

The platform is scalable and modular and can be used by operators of charging points, EV fleets and other key players in the charging network ecosystem.

“There is a significant and growing interest in electric vehicles and machines among Volvo Group customers,” said Erik Johansson, Investment Director, Volvo Group Venture Capital. “The collaboration with Driivz will play an important role in Volvo’s efforts to help customers to electrify their transport solutions.”

The role of Volvo Group Venture Capital is to make investments that drive transformation by facilitating the creation of new services and solutions and to support collaborations between start-ups and the Volvo Group.

A joint pilot project between Volvo Trucks, Volvo Group and Driivz is ongoing with the aim of developing and testing new charging services to meet the specific needs of electric truck customers and drivers. “The Volvo Group ambition is to offer state-of-the-art truck charging services for a seamless charging experience. Working with Driivz enables us to begin putting our ambition into effect,” said Marcus Anemo, Senior Innovation Manager at Volvo Group Connected Solutions.