Medina: Automakers lacking vehicle-to-grid tech will face massive competitive disadvantages
Louis Medina · #102 Tether: Bodyguard of the Grid · Mar 4, 2025 · at 9:46
Louis Medina, founder of virtual power plant startup Tether, pitches VCs on the future of EV charging and grid integration during an episode of The Pitch.
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“All manufacturers are going to be V-IIG, like any car manufacturer in the future that doesn't have that is going to be at a significant competitive disadvantage compared to the ones that do.”
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“We have a commercial agreement with a major EV charging company in Sweden, and so we're raising 1.5 million to get there.”
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“Sweden's electric vehicle market is a 120% year-on-year growth right now. It's at around forty-something percent of all vehicles being sold today are electric, and they're gonna going to have three million vehicles sold before 2030.”
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“So Techstars Berlin, they contacted us, and basically they're doing a program that is a vertical only for companies in the EV space, which is great, and it's in conjunction with an Audi accelerator. Now, here's the wrench in the gearbox. This is the only Techs…”