Mitsubishi and Kaluza partner to drive Japan’s decarbonisation

Mitsubishi and Kaluza will partner up to develop a new suite of smart EV products and services. The aim is to enable the transition to EV for millions of customers and spur Japan’s progress towards carbon neutrality by 2050.

Power company Mitsubishi will join forces with technology firm Kaluza to create a new commercial ecosystem for smart, low carbon EV solutions.

The solutions will be powered by Kaluza and include EV leasing and financing, insurance, energy, public charging access, and smart charging at home.

By developing such solutions, the partnership hopes to spur the transition to EVs for millions of customers. Increased adoption at this scale would then precede an acceleration of Japan’s progress towards carbon neutrality by 2050.

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Scott Neuman, CEO of Kaluza commented in a statement, “With a distinguished track record in mobility and technology innovation, Japan is perfectly placed to turn electric vehicles into a giant distributed battery for the electricity grid.

“Through Kaluza, this partnership will actively reward the nation’s EV drivers for their role in shaping a smarter, greener and more resilient energy system.”

Satoru Tamiya, General Manager of Mitsubishi Corporation’s Utility Service Department, also commented, “We aim to make a lasting, positive impact towards achieving carbon neutrality in Japan by combining Kaluza’s cutting-edge technology with Mitsubishi Corporation’s experience across domestic power and mobility sectors.”

The new offering includes Kaluza’s smart charging technology.

Leveraging AI and real-time data, the technology will be able to intelligently shift car charging to times when demand is low and energy is cheapest and greenest. Kaluza would in this way enable customers to save on energy costs, support grid balancing and allow the use of more renewable power.

Widespread access to smart charging will be enabled through Kaluza’s range of EV integrations. This will then accrue benefits to extensive numbers of Japanese customers and maximise support for the energy system.