Gnrgy
Smart Grid for Appliances and EV Charging Solutions
Company Overview
Snapshot
Founded in August 2008 by Ran Eloya, Gnrgy operates with 11–50 employees. The company was acquired by Carasso Motors in July 2024.
Business overview
Gnrgy develops modular and wirelessly controlled smart grid solutions, focusing on low-cost, user-friendly products for efficient energy use. Its core offerings include smart plugs, USB keys, and remote controls that enable users to monitor and control electric appliances from various devices. Gnrgy also provides smart plug technology to convert conventional outlets into charging stations for electric vehicles and equipment, serving the Automotive & Mobility Technologies sector.
Strategic signal
Gnrgy's acquisition by Carasso Motors in July 2024 signals a strategic move within the automotive and mobility sector, indicating a consolidation trend in electric vehicle charging infrastructure. This acquisition suggests that established automotive players are integrating smart charging solutions to enhance their EV ecosystems and capitalize on the growing demand for efficient energy management in transportation.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for Gnrgy?
- Gnrgy was acquired by Carasso Motors in July 2024, marking a key exit for the company in the smart grid and EV charging solutions market.
- When was Gnrgy founded and by whom?
- Gnrgy was founded in August 2008 by Ran Eloya.
- What product did Gnrgy develop for electric vehicles?
- Gnrgy developed the Gnrgy smart plug, which converts conventional outlets into smart charging stations for electric vehicles and equipment.
- What was a notable news event for Gnrgy in 2013?
- In November 2013, Gnrgy acquired Better Place, a company focused on electric vehicle infrastructure, as reported by Green Prophet. The acquisition was noted for its relatively low cost, compared to the initial investment in Better Place.
- What is Gnrgy's primary focus in terms of technology?
- Gnrgy focuses on developing modular and wirelessly controlled smart grid solutions for efficient energy use, including smart plugs and remote controls for electric appliances and EV charging.