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RheinEnergie becomes a strategic investor in The Mobility House

Energy service provider invests in the Munich-based e-mobility specialist and aims to benefit from the pioneering work in the use of electric cars as power storage in the grid. In the long run, the aim is to expand the offering in energy supply for households and e-mobility. Sector coupling as a major goal.

Connecting the sectors: With the investment in TMH, RheinEnergie aims to take a significant step in linking the fields of energy and mobility. | Photo: TMH
Connecting the sectors: With the investment in TMH, RheinEnergie aims to take a significant step in linking the fields of energy and mobility. | Photo: TMH
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Johannes Reichel

The energy service provider RheinEnergie from Cologne and the Munich-based e-mobility specialist The Mobility House (TMH) have announced a strategic cooperation. The investment in the market leader for vehicle-grid integration is intended to bring the energy and mobility sectors closer together, it is stated. The energy supplier, based in Cologne and the Rhine region but active nationwide, aims to achieve sustainable supply by 2035. The new partnership supports this goal through the intelligent integration of vehicle batteries into the grid, they are convinced. What potential is being opened up thanks to the cooperation will in the future also be shown through a special offer for e-vehicles, the provider says.

"This strategic alliance is an important building block for our future, but especially for our customers. With The Mobility House at our side, we gain expertise and significantly expanded scope for action, particularly in digital and connected services related to real estate and mobility," says Andreas Feicht, CEO of RheinEnergie.

From Thomas Raffeiner's perspective, CEO at The Mobility House, the vision of 'zero zero', i.e., charging electric cars for free and emission-free, can be realized faster and made accessible to a broader public with the new investor. RheinEnergie plans to offer an electricity tariff for the private sector this year, which can reduce charging costs by three-digit amounts annually. TMH provides the technological components, while RheinEnergie remains the direct contract partner as the energy supplier.

Translated automatically from German.
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