Rollout of Vontier Konect™ EV Charging Solution Gains Momentum
Vontier (NYSE: VNT) is accelerating the global launch of its Konect electric vehicle (EV) charging solution, aimed at helping convenience store owners capitalize on the growing demand for EV charging. Konect offers an end-to-end solution covering site selection, grant applications, installation, and technical support.
The EV market is experiencing rapid growth, with global sales predicted to reach over 11 million units in 2024 and double by the end of the decade. Konect, launched in May 2024, enables convenience stores to deploy their own chargers and create a new revenue stream. The solution combines technology from Vontier businesses, including Gilbarco Veeder-Root, Invenco by GVR, and Driivz.
Initially focused on North America and Europe, Vontier is exploring adjacent markets as interest expands. The company is developing a strong sales pipeline with major fuel retailers and fleet operators, with upcoming announcements expected.
Vontier (NYSE: VNT) sta accelerando il lancio globale della sua soluzione di ricarica per veicoli elettrici (EV) Konect, progettata per aiutare i proprietari di negozi di convenienza a sfruttare la crescente domanda di ricarica per EV. Konect offre una soluzione completa che comprende selezione del sito, domande di sovvenzione, installazione e supporto tecnico.
Il mercato degli EV sta crescendo rapidamente, con vendite globali previste per superare gli 11 milioni di unità nel 2024 e raddoppiare entro la fine del decennio. Konect, lanciato a maggio 2024, consente ai negozi di convenienza di installare i propri caricatori e creare un nuovo flusso di entrate. La soluzione combina tecnologie delle aziende Vontier, tra cui Gilbarco Veeder-Root, Invenco by GVR e Driivz.
Inizialmente focalizzata su Nord America ed Europa, Vontier sta esplorando mercati adiacenti man mano che l'interesse cresce. L'azienda sta sviluppando un forte portafoglio di vendite con importanti rivenditori di carburante e operatori di flotte, con annunci imminenti previsti.
Vontier (NYSE: VNT) está acelerando el lanzamiento global de su solución de carga para vehículos eléctricos (EV) Konect, destinada a ayudar a los propietarios de tiendas de conveniencia a capitalizar la creciente demanda de carga para EV. Konect ofrece una solución integral que abarca la selección de sitios, aplicaciones para subvenciones, instalación y soporte técnico.
El mercado de los EV está experimentando un rápido crecimiento, con ventas globales que se prevé que superen los 11 millones de unidades en 2024 y se dupliquen para finales de la década. Konect, lanzado en mayo de 2024, permite a las tiendas de conveniencia desplegar sus propios cargadores y generar un nuevo flujo de ingresos. La solución combina tecnología de las empresas de Vontier, incluyendo Gilbarco Veeder-Root, Invenco by GVR y Driivz.
Inicialmente centrada en América del Norte y Europa, Vontier está explorando mercados adyacentes a medida que aumenta el interés. La empresa está desarrollando un sólido pipeline de ventas con importantes minoristas de combustible y operadores de flotas, con anuncios esperados próximamente.
본티어(Vontier) (NYSE: VNT)는 편의점 소유자들이 전기차(EV) 충전의 증가하는 수요를 활용할 수 있도록 돕기 위해 Konect 전기차(EV) 충전 솔루션의 글로벌 론칭을 가속화하고 있습니다. Konect는 현장 선택, 보조금 신청, 설치 및 기술 지원을 포함하는 종합 솔루션을 제공합니다.
EV 시장은 빠르게 성장하고 있으며, 2024년에는 전 세계 판매가 1,100만 대를 넘어설 것으로 예상되며, 10년 말까지 두 배로 증가할 것으로 보입니다. 2024년 5월에 출시된 Konect는 편의점이 자체 충전기를 배치하고 새로운 수익원을 창출할 수 있도록 합니다. 이 솔루션은 Gilbarco Veeder-Root, Invenco by GVR 및 Driivz를 포함한 Vontier 비즈니스의 기술을 결합합니다.
북미 및 유럽에 처음 집중했던 본티어는 관심이 커짐에 따라 인접 시장을 탐색하고 있습니다. 이 회사는 주요 연료 소매업체 및 차량 플릿 운영자와 함께 강력한 판매 파이프라인을 개발하고 있으며, 곧 발표될 예정입니다.
Vontier (NYSE: VNT) accélère le lancement mondial de sa solution de recharge pour véhicules électriques (EV) Konect, destinée à aider les propriétaires de magasins de proximité à tirer parti de la demande croissante de recharge pour EV. Konect propose une solution clé en main couvrant la sélection de sites, les demandes de subvention, l'installation et le support technique.
Le marché des EV connaît une croissance rapide, avec des ventes mondiales prévues à plus de 11 millions d'unités en 2024, et un doublement d'ici la fin de la décennie. Konect, lancé en mai 2024, permet aux magasins de proximité de déployer leurs propres bornes de recharge et de créer une nouvelle source de revenus. La solution combine la technologie des entreprises de Vontier, y compris Gilbarco Veeder-Root, Invenco by GVR et Driivz.
Initialement axée sur l'Amérique du Nord et l'Europe, Vontier explore des marchés adjacents à mesure que l'intérêt grandit. L'entreprise développe un solide pipeline de ventes avec d'importants détaillants en carburant et des opérateurs de flotte, avec des annonces prévues prochainement.
Vontier (NYSE: VNT) beschleunigt den globalen Launch seiner Konect-Ladestation für Elektrofahrzeuge (EV), die darauf abzielt, Eigentümern von Convenience-Stores zu helfen, von der wachsenden Nachfrage nach EV-Ladestationen zu profitieren. Konect bietet eine umfassende Lösung, die Standortauswahl, Förderanträge, Installation und technischen Support umfasst.
Der EV-Markt wächst rasant, wobei die globalen Verkaufszahlen voraussichtlich 2024 über 11 Millionen Einheiten erreichen und bis zum Ende des Jahrzehnts doppelt so hoch sein werden. Konect, das im Mai 2024 ins Leben gerufen wurde, ermöglicht es Convenience-Stores, ihre eigenen Ladestationen einzusetzen und eine neue Einnahmequelle zu schaffen. Die Lösung kombiniert Technologien von Vontier-Unternehmen, darunter Gilbarco Veeder-Root, Invenco by GVR und Driivz.
Ursprünglich auf Nordamerika und Europa fokussiert, erkundet Vontier angrenzende Märkte, während das Interesse wächst. Das Unternehmen entwickelt eine starke Vertriebspipeline mit großen Kraftstoffhändlern und Flottenbetreibern, wobei in naher Zukunft weitere Ankündigungen erwartet werden.
- Accelerating global launch of Konect EV charging solution
- Tapping into fast-growing EV market with predicted sales of 11 million units in 2024
- Offering new revenue stream for convenience store owners
- Combining technology from multiple Vontier businesses for comprehensive solution
- Developing strong sales pipeline with major fuel retailers and fleet operators
- None.
Insights
The rollout of Vontier's Konect EV charging solution represents a significant strategic move in the rapidly evolving EV infrastructure market. With global EV sales projected to reach
The focus on convenience stores as key partners is particularly astute. These locations offer strategic advantages in terms of existing infrastructure and amenities, potentially accelerating adoption and profitability. However, the success of this venture will largely depend on Vontier's ability to execute effectively and compete with established players in the EV charging space.
Vontier's Konect initiative presents a compelling diversification strategy for the company, potentially opening up new revenue streams in the burgeoning EV market. The solution's emphasis on profitability and ROI for convenience store owners could drive rapid adoption, particularly given Vontier's existing relationships in the fuel retail sector.
However, investors should note that the EV charging market is becoming increasingly competitive, with both established energy companies and new entrants vying for market share. Vontier's success will hinge on its ability to leverage its expertise in fuel retail technology and quickly scale its Konect solution. The company's existing partnerships and the integration of Driivz's software could provide a significant advantage, but the financial impact may take time to materialize fully.
Vontier's Konect solution stands out for its integrated approach to EV charging infrastructure. By combining Gilbarco Veeder-Root's fueling expertise, Invenco's payment solutions and Driivz's charging software, Vontier has created a comprehensive ecosystem that addresses key pain points in EV charging deployment.
The scalability and future-proofing aspects of Konect are particularly noteworthy. As EV adoption accelerates, the ability to easily expand charging capacity will be important for retailers. Moreover, the integration of advanced software management could provide valuable data insights and improve the overall charging experience for consumers. However, the success of this technology will ultimately depend on its reliability, user-friendliness and ability to keep pace with rapidly evolving EV charging standards.
New Opportunities for Fuel Retailers
The EV market continues to gain momentum, both in vehicle sales and the infrastructure needed to support its growth and adoption. Global EV sales are predicted to reach over 11 million units in 2024 – a
Fuel retailers are uniquely positioned to support EV drivers, providing both convenient locations close to major routes and desirable amenities while they are plugged in – such as hot, fresh restaurant-style foods, refreshments, clean restrooms, WiFi and safe and well-lit facilities.
Comprehensive, Scalable Solutions
Launched in May 2024, Konect enables convenience stores to deploy their own chargers and future-proof their business with a profitable new revenue stream that also complements other services on site. The solution is aimed at simplifying the process for operators, while maximising uptime and return on investment (ROI). It’s easy to scale, ensuring fuel retailers can cater to a growing population of EV drivers by continuing to provide robust, intuitive and profitable charging infrastructure.
Konect brings together the leadership and technology from multiple Vontier businesses, including Gilbarco Veeder-Root (GVR), the worldwide technology leader in retail and commercial fueling operations; Invenco by GVR, the payment and point-of-sales solutions leader; and EV charging software leader Driivz, currently managing over 100,000 chargers globally for key industry players such as EVgo, Shell, Circle K, Volvo Group, Mer, and Recharge, among others.
Strategically Positioned for Growth
Initially focused on
“No one is better positioned than convenience stores to meet the demand for charging infrastructure, and with the breadth of our mobility solutions, no one is better positioned than us to be the trusted partner to these companies,” said Mark Morelli, President and CEO of Vontier.
“At Konect, we adopted a mantra of ‘easy, seamless and profitable’ and hold that as a guiding principle. Our goal is to add to our customers’ bottom line when providing EV charging and the feedback has been overwhelming – fuel retailers want to work with a trusted and experienced partner, and we’re perfectly placed to provide that,” said Om Shankar, General Manager & Vice President, Konect. “We’re developing a strong sales pipeline with major fuel retailers and fleet operators across
ABOUT VONTIER
Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240905051527/en/
Corporate Communications:
Nicole Beck
Director, External Communications, Vontier Corporation
Nicole.beck@vontier.com
Neill Emmett
Global Marketing & Brand Director, Konect
Neill.Emmett@gilbarco.com
Investor Relations:
Ryan Edelman
Vice President, Investor Relations, Vontier Corporation
ryan.edelman@vontier.com
Source: Vontier Corporation
FAQ
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