Alliance Ventures Invests in The Mobility House

July 3rd, 2019 by

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It’s always nice to see the fruits of one’s labor ripen in a short time. The Renault-Nissan-Mitsubishi Alliance can attest to this with the quick succession of their Alliance Ventures funding campaign, shortly after acquiring Mitsubishi as a part of the alliance. Since Alliance Ventures invested in Enevate, an advanced lithium-ion (Li-ion) battery technology startup company based in Irvine, California, another investment was made into an electric-vehicle related company – The Mobility House.

The Mobility House

According to the website, The goal of The Mobility House is to create a zero-emission energy and mobility future.” The technology developed by The Mobility House enables the integration of an electric vehicle’s batteries into the power grid so that the batteries powering an EV can charge the EV, share energy with the grid and overall the house, and even store energy for another time. This all sounds pretty familiar, doesn’t it?

Dendo Drive House

Yes, it sounds exactly like the Dendo Drive House (DDH) presentation Mitsubishi Motors put together during the 2019 Geneva International Motor Show. Known as an eco-friendly solution that can save money on electricity with solar panels and PHEV technology, the Dendo Drive House can generate, store, and share solar-power-converted electric energy. Solar energy is collected from solar panels around the house, and once converted, stores the energy into one of two batteries – a large home battery or a car battery.

When it comes to the fruits of one’s labor, the DDH was clearly built around a neutral-energy project Mitsubishi Motors worked on with ENGIE and Hitachi Europe, Ltd. The concept was the same: collect solar energy via solar panels around the ENGIE HQ, and then use a bi-direction from Hitachi to convert excess energy into electrical energy that can charge a Mitsubishi Outlander PHEV. ENGIE HQ was already designed as a Building Energy Management System (BEMS), or a building that collected, converted and stored solar energy into the building’s grid, so it was perfect for the project. Getting this on a smaller scale for a family home was the next step.

If the DDH was just a concept Mitsubishi Motors wanted to demonstrate during the 2019 Geneva Motor Show, then investing into The Mobility House could be the best way to already get started on bringing the DDH to life. As luck would have it, this isn’t the first time the two have actually worked together.

The Mobility House and Alliance member companies have embarked on several projects together in the past. A noteworthy result of their collaboration is the successful Nissan LEAF, the first electric car to be used in a Vehicle-to-Grid (V2G) project in Germany, in Hagen. Now that the two will be working together on another project with a shared goal, a house like The Mobility House or the Dendo Drive House may be closer to reality than previously thought.

“Alliance Ventures is a perfect investor for The Mobility House…The fact that the vision and skill set of our companies fit together very well has been proven many times in the past. We are delighted that we can embark on many more projects and make our shared vision of a sustainable energy future come true even faster.” – Thomas Raffeiner, founder and CEO of The Mobility House.

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Photo Source/Copyright: Alliance Ventures and The Mobility House