Gilbarco Veeder-Root's Konect under scrutiny: Explanation of the method used to cut costs and open up fresh income sources
Gilbarco Veeder-Root (GVR), a US-based company founded in 1865, has expanded its horizons by launching a new business called Konect. This innovative venture offers turnkey electric vehicle (EV) charging solutions for fleets and forecourt operators worldwide.
Since the 1950s, GVR has made significant strides in its international growth, with a strong presence in Europe, the Middle East, Africa, Southeast Asia, Australia, Latin America, and beyond. Now, it's bringing the same high standards it delivers in fuel retail solutions to the EV charging space.
Konect's systems and technologies are designed for seamless integration, ensuring cost efficiency and optimal compatibility. The solution is scalable and easily integrates with existing IT infrastructure. It's backed by GVRR's expansive, forecourt-experienced, field engineering team, providing customers with the assurance of reliable support.
Konect supports sophisticated energy management technologies, enabling operators to sell electricity back to the grid. This feature, coupled with its promise of optimizing investments by selecting appropriate sites, maximizing uptime, and reducing operational costs, makes Konect an attractive proposition for businesses looking to transition to electric vehicles.
Initially, Konect focused on the US, Canada, and the UK. However, it has since expanded its reach to other regions, including Europe and North America, both predicted to be among the world's most advanced markets for electric vehicles.
Konect's chargers are equipped with advanced diagnostics, capable of self-diagnosing and fixing up to 80% of problems in software. This feature ensures minimal downtime and maximizes the convenience for operators.
The feedback for Konect's offerings has been overwhelmingly positive. At the UNITI expo, a trade fair for fuel retailers, Konect received encouraging responses from attendees. In Europe, the feedback has been particularly positive, indicating a strong demand for Konect's services.
Konect offers three levels of customer service to ensure continuous support. Its services include consultancy, financing, maintenance, and in-life customer support. Fleets can also specify an ecosystem that maximizes operational efficiency and delivers a smooth transition to electric vehicles with Konect.
With Konect, EV charging provides fuel retailers with opportunities to monetize longer dwell times by attracting drivers in-store, upselling additional services, and integrating with their own loyalty schemes. This feature not only benefits the retailers but also contributes to the growth of the EV market.
As GVR continues to expand its reach and offerings, Konect is poised to be a key player in the global transition to electric vehicles. With promising projects underway and anticipation for announcements later this year, the future looks bright for this innovative venture.
Read also:
- Rachel Reeves conducts a discussion with Scott Bessent and financial executives, focusing on investment matters
- Strategic approach to eco-friendly nickel production for electric vehicles in Europe
- Week 39/24 Highlights: Tesla CEO's visit, Robo-taxi buzz, Full Self-Driving study, Affordable electric cars, and European pricing less than €30,000
- Solar energy company, Imperium, alongside QORAY Mobility & Energies Solar Business, bolsters Nigeria's environmental future by producing superior solar panels domestically and offering flexible payment options.
