Elocity receives Canadian government technology funding to help power utilities manage impacts of increasing Electric Vehicle adoption

July 14, 2020


Elocity is honored to be selected and receive funding from Science Technology and Development Canada (STDC) under the “Seed Fund" program. The firm’s solution allows electricity utilities to effectively manage demand and the loads attributable to increasing rates of electric vehicle (EV) adoption. Elocity’s technology ensures grid stability while minimizing the need for new infrastructure investment. Elocity is a Cleantech company based in Toronto, ON. Elocity digitally transforms the journey to transportation electrification for electric utilities, cities and businesses. Elocity was founded by industry veteran Sanjeev Singh who has significant domain and technical expertise through working with electric utilities globally. Before starting Elocity, Sanjeev worked with Tech Mahindra, HCL and Wipro focusing on various smart metering and smart grid solutions. Elocity co-founder Dr. Arvind Kumar was previously the VP of Research and Development at Optym and is an expert in mathematical optimization.

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