Investment increases electric vehicle charging accessibility


With rising fuel costs, more consumers are turning to electric vehicles. The International Energy Agency reports that in 2021, electric car sales more than doubled to 6.6 million, and the first half of 2022 showed continued growth. To support this increasing popularity, charging stations need to be accessible for consumers. Through the Environmental Solutions Fund, Mercy Investment Services is helping build an extensive network of charging stations to allow easy access for drivers and encourage more drivers to make the transition.

EV Connect focuses on building the digital infrastructure to support EV charging stations. EV Connect’s software solution uses an open charging platform to connect drivers to charging stations, site owners to their ports, utilities to data, and service providers to networks. This simplifies charging station setup, management and optimization from installation to driver support. EV Connect helps keep existing stations working reliably; drivers can expect stations utilizing EV Connect to be functioning 99.9% of the time so they get a charge when they need one. Since 2010, the platform has saved drivers more than 1,350,000 gallons of gasoline, powered more than 56 million electric miles, and reduced more than 12 million kilograms of greenhouse gasses.

With Schneider Electric’s recent successful acquisition of EV Connect, Mercy will reinvest the original investment and returns from that investment into new global renewable energy, energy and water efficiency, recycling and waste reduction, and sustainable food and agriculture to create environmental impacts that benefit people and planet. Learn more about the investments on our website.  


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