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AZ Tech Roundtable 2.0


AZ Tech Roundtable 2.0 with Matt Battaglia

The show where EntrepreneursTop Executives, Founders, and Investors come to share insights about the future of business

 

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… 

 

AZ TRT Podcast Home Page: http://aztrtshow.com/

‘Best Of’ AZ TRT Podcast: Click Here 

Wealth for Life: HERE

 

More Info: https://www.economicknight.com/azpodcast/

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Feb 10, 2024

EV Charging at Home w/ Broc TenHouten of Intrinsic Power

AZ TRT S05 EP05 (220) 2-4-2024 

What We Learned This Week

  • Intrinsic Power - Next Gen EV Charger
  • EV Charging in your home will be standard
  • Electrical Panel upgrade to handle new tech
  • Electric Grid not prepared for consumer demand & EV charging needs
  • EV Infrastructure for charging stations as EV Cars w/ longer range are the Future

 

Guest: Broc TenHouten of Intrinsic Power

https://www.linkedin.com/in/tenhouten/

https://www.linkedin.com/company/intrinsic-power-inc/

https://www.intrinsicpower.com/

 

 

 

Broc TenHouten, Co-founder and CEO, Intrinsic Power, Inc.

Broc is an experienced technical leader with a general management background in the commercialization of EV technology. Broc was COO and chief engineer of Divergent 3D, developer of the 3D-printed 21C hybrid hypercar. He served as director of technology development at EnerSys Advanced Systems and led the engineering and industrialization of multiple electric vehicle and energy storage companies. 

 

Broc began his career at General Motors, where he held various positions in vehicle development. Broc has more than 50 vehicle technology patents issued or in process.  He holds an MBA from the University of Michigan-Ross and a BS in Mechanical Engineering from UC Berkeley.

 

 

Intrinsic’s innovation has positioned the company to become the leader in distributed energy management–and one to watch.

 

·                     The compact Intrinsic Power charger is more powerful than the competition, 11kW charging reduces charging time by up to 830%. Perfectly optimized for your current electric vehicle, and your next one

·                     Web and mobile apps allow you to review charger use and syncronise useage across a portfolio of charging stations

·                     Advanced connectivity enables real-time information and grid demand response, helping to avoid local power outages

·                     Machine learning enables automatic time of use management, continuously optimizing to lower power bills over time

 

 

HISTORY

Intrinsic Power was founded in 2015, as a Los Angeles based internally-funded startup dedicated to delivering better EV charging solutions. Today Intrinsic is conducting field demonstrations, collecting data in preparation for mass production.

TEAM

Managed and staffed by a team of technical leaders in the EV space. The Intrinsic Power team is dedicated to improving residential charging though a combination of improved hardware and machine learning based algorithms for better charging performance.

 

 

Notes:

Seg 2

 

Broc has 15 years working in the EV car industry. In 2015, Broc and his brother were working out a plan to start a company. They realized the electric grid was not prepared for EV charging needs at home.

 

Their goal was to build the next generation EV charger, which got a patent in 2020.

 

2022 of the electric grid saw a year over year growth of 12% energy usage. There is a need to change the net meter storage of energy used through solar and battery storage.

 

Currently there are many consumer incentives for installing more clean energy type devices. EV cars at home need to share the breaker and most homes do not have the proper amps to charge car.

 

The way new homes are built, they have larger panels and are EV capable. Current legacy homes cannot support EVs. Can get rebates to install a new electrical system.

 

The current available power house would use 1 kW power per day. EV cars though use 11 kW. The transformers on the current grid are not ready for this. EV charge time, with 100 kW battery would take 10 hours.

 

Intrinsic power works with the panel and other devices in your home to take into account usage of the vehicle charging. This is done through a Wi-Fi connector between your charger and the house.

 

Seg 3

Intrinsic power expects to deliver their charging units to channel partners in Q2 of 2024. It’s taken 2 1/2 years to build and test their product in Los Angeles.

 

There is a standard charging plug for EVs (see below), and if different, there are adapters.

 

NACS – North American Charging Standard

 

The North American Charging Standard (NACS), currently being standardized as SAE J3400 and also known as the Tesla charging standard, is an electric vehicle (EV) charging connector system developed by Tesla, Inc. It has been used on all North American market Tesla vehicles since 2021 and was opened for use to other manufacturers in November 2022. Between May and December 2023, many other vehicle manufacturers have announced that starting from 2025, their electric vehicles in North America will be equipped with the NACS charge port. Several electric vehicle charging network operators and equipment manufacturers have also announced plans to add NACS connectors.

 

 

See More: HERE

 

Rate plans and usage need uniform regulations between states, which is the direction the process is going – similar rules in California, Arizona, & Texas where Intrinsic is doing business.

 

EV charger for the smart that has been tested with multiple types of vehicles. EV batteries are becoming more efficient in the energy capacity and will have 2x growth in next 7 years.

 

There are some range issues - where some EV‘s get less than 200 miles, but this is becoming less of an issue. The next 7 years, EVs will be more efficient with energy, have a smaller battery and could travel as much as 400 to 500 miles on a charge.

 

Projected Market for EV chargers is $16 billion, with $6 billion in the US residential charging market. There are also destination charging stations, a growing industry. Most people want to charge at home and over time the charging rates will drop.

 

Obviously traditional energy methods like ooil and gas will be reduced in the next 10 years, as demand drops.

 

Seg 4

 

Oil companies are actually investing in charging companies, and charging stations to diversify operations.

 

Intrinsic Power is concerned with charging your EV car at your home. They expect homes to be all electric in the future with battery packs and distributed solar. This will even take over traditional natural gas type products like lawnmowers which will also go electric.

 

Electric Grid saw the EV wave coming. A California Report in 2018 estimated the growth of the EV industry. New technologies coming for EV at home. Solar will help the grid long term, but not that efficient in the near term.  

 

Only 4% of homes have solar and this needs to be pushed up to 30%. There are still issues with energy storage on solar.

 

There is a need to improve the fluctuated use of the energy with time shifts when needed. Most EV car owners must charge at night. There are currently many regulations and standardization of home electric and EV charging.

 

It’s expensive with EV charging at home now, but in the future they’ll be one electrical panel on the backend. Need a 40 Amp panel to charge a EV Car.

 

Intrinsic Power works with home builders and solar installers. Keep the installation & maintenance cost down.

 

Investors include: Plug and Play, Hatcher +,

 

Building the CR50 Charging Station for homes:

https://www.intrinsicpower.com/product.html

 

Related Notes:

 

BRIDGING THE ELECTRIC INFRASTRUCTURE GAP - ENABLING THE FUTURE OF ELECTRIC VEHICLES - HERE

 

Full Charge: The Economics of Building a National EV Charging Network

 

 

California Reaches 7.84% EV Market Share for 2018; US Hits 1.97% 

2018 was the best year in history for sales of electric vehicles in the US with a total of 328,118 BEVs and PHEVs and an increase of 74.5% over 2017 (187,985), according to data from the Auto Alliance and IHS Markit. (Note: These numbers differ somewhat from the sales numbers from the InsideEVs Sales Scorecard that we have based 2018 data on previously.)

Sales of BEVs in the US reached 203,625 units, an increase of 112% over 2017’s 96,261 units. For the first time in the US, BEVs and PHEVs (328,118) outsold regular hybrids (323,912) in 2018. Hybrids had lowest sales in the US since 2011. Sales of fuel cell vehicles declined slightly to 1,735 from 1,862 in 2017.

From 3/2019 - Article Link: HERE

 

Electric Vehicle Charging Infrastructure Assessment - AB 2127

 

AB 2127 (2018) requires the California Energy Commission to biennially assess the electric vehicle charging infrastructure needed to meet the state’s goals of putting at least 5 million zero-emission vehicles on California roads by 2030 and reducing greenhouse gas emissions to 40% below 1990 levels by 2030.

 

Report: HERE

 

 

Seg 1. – Related Energy Clips from:

 

Kenmore is Home Electricity Made Easy - Modernize the Smart Home from Appliances to the Electric Grid w/ CEO Sri Solur

- BRT S04 EP19 (181) 5-7-2023  

 

 

What We Learned This Week

·         Kenmore is home electricity made easy.  Kenmore is on a mission to modernize the home. Live More & Live Better. Also need to make it Affordable.

·         Clean Tech goes w/ the smart home, smart appliances (that connect to the home) and the electrical power grid for better living 

·         Electrical Grid needs to be modernized – cannot handle the current & future power demands

·         Homes built Pre-1990 run on Electric Panels that are outdated – costs of $40K + to modernize to handle charging EVs at home

·         Design of the Future House would have a Battery in it that could recharge your appliances and electronics during down hours.

·         Solving problems in electricity and energy also have the same issues with working on better water and clean food. It is more than just an energy and electric issue.

 

Guest: Sri Solur, CEO, Kenmore / Brands 

https://www.linkedin.com/in/solur

https://www.kenmore.com/

 

Sri Solur, CEO, Brands 

Sri Solur is chief executive officer of brands for Kenmore at Transformco. An industry veteran with 25+ years of experience, Sri has a rich history of success leading high tech products and businesses. He previously served as CPO and GM at Berkshire Grey, a leader in industrial robotics, and was a member of the leadership team that took the company public. Sri also served as CPO at SharkNinja, and was instrumental in bringing the Shark IQ Robot vacuum and NinjaFoodi products to market, while also holding a leadership role to take the company public. Sri spent 20 years at Hewlett Packard, serving as founder and CPO of CloudPrint, the company’s wearables and IOT business. In his career, Sri has created products for world-renowned brands including Hugo Boss, Movado, Ferrari, Juicy Couture, and more. Sri holds a bachelor’s degree in Engineering from NIT and an MBA from Boston University.

 

Full Show: HERE

 

 

Clean Energy & the State of AZ Tech in 2022 w/ Steve Zylstra of the AZ Tech Council - BRT S03 EP55 (154) 10-30-2022

 

What We Learned This Week

  • Chips & Science Act is good for Semiconductors & the U.S. Supply Chain
  • Clean Energy - many Tech Co's working on zero emission plan
  • Semiconductor – big Tech Co’s building plants in AZ
  • Nuclear Power tech is vastly improved & viable in the future

 

Guest: Steve Zylstra, President / CEO AZ Tech Council

https://www.aztechcouncil.org/

https://www.aztechcouncil.org/kfnx_july2021/

 

Steve Zylstra of AZ Tech Council joins BRT to talk all things technology in the Valley. The Arizona Technology Council is one of the largest technology-driven trade associations in North America, with over 850 members and growing, the only organization specifically serving technology companies statewide. They protect innovators and truly believe that technology moves all of us forward; and are dedicated to the future of Arizona.

 

Steve Zylstra advocates for AZ tech, as well as his recurring writing about the industry. Steve, and the Council are a major source for updates on technology, business growth, and what legislation is being drafted.

We talk about AZ as a great technology hub in the U.S., and how it compares to Silicon Valley, Boston, etc. Also the Future tech Co’s moving to the valley, influx of people moving to the valley from CA, NY, etc.

How high tech jobs help the valley, and surrounding business plus VC and Angel Investing. The importance of semiconductors and Aerospace, two of the most prominent industries in AZ.

 

Full Show: HERE

 

 




Best of Biotech from AZ Bio & Life Sciences to Jellatech
: HERE

 

Biotech Shows: HERE

 

AZ Tech Council Shows: 

https://brt-show.libsyn.com/size/5/?search=az+tech+council

*Includes Best of AZ Tech Council show from 2/12/2023

   

‘Best Of’ Topic: https://brt-show.libsyn.com/category/Best+of+BRT

 

 

Thanks for Listening.

Please Subscribe to the BRT Podcast.

 

 

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where EntrepreneursTop Executives, Founders, and Investors come to share insights about the future of business

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… 

 

AZ TRT Podcast Home Page: http://aztrtshow.com/

‘Best Of’ AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.