The Touring Club Switzerland (TCS) has acquired a 20 per cent stake in the startup Sun2Wheel. According to the largest mobility club in Switzerland, it wants to expand its involvement in electric mobility. Details of the transaction were not disclosed.
TCS says it also wants to participate in further developing bidirectional charging and storage solutions. And that is what the Swiss startup specializes in.
Sun2Wheel was founded in 2020 and wants to establish bidirectional charging as a standard. It would allow electric vehicles to serve as mobile storage units, i.e. to make optimal use of the electricity produced by a driver’s own solar system at home.
“TCS has supported its members in electric mobility for several years and is therefore the ideal partner for this new bidirectional charging technology,” says Marco Piffaretti, founder and Chairman of the Board of Sun2Wheel.
The young company has been able to test its technology since last year as part of the V2X Suisse project. The project is looking at how 50 Honda e can be used to store energy, increase grid stability and close electricity gaps across Switzerland.
tcs.ch, sun2wheel.com
Keyword: TCS buys stake in Sun2Wheel