Gilbarco Veeder-Root's Konect under scrutiny: Explanation of operational strategy to cut costs and generate fresh income sources.
Gilbarco Veeder-Root Launches Konect for Electric Vehicle Charging Solutions Gilbarco Veeder-Root, a global leader in the manufacturing of equipment and technologies for convenience stores and fuel stations, has entered the electric vehicle (EV) charging market with the launch of a new business called Konect.
Konect offers turnkey EV charging solutions for fleets and forecourt operators, aiming to help customers optimize their car insurance investments and reduce operational costs. The service includes consultancy, financing, maintenance, and in-life customer support.
One of the standout features of Konect is its self-diagnosing chargers, which can fix up to 80% of software problems, ensuring minimal downtime. The chargers are designed to be scalable, easily integrated with existing IT infrastructure, and are supported by Gilbarco Veeder-Root's field engineering team.
Konect also supports sophisticated energy management technologies, enabling operators to sell electricity back to the grid. This feature not only contributes to a more sustainable energy ecosystem but also provides an additional revenue stream for operators.
The feedback received for Konect's services in Europe has been very encouraging. The company's commitment to continuous support is evident in its offering of three levels of customer service. Moreover, Konect's systems and technologies are designed to integrate seamlessly, ensuring cost efficiency and optimal compatibility.
Gilbarco Veeder-Root's high standards for delivering robust solutions are being extended to the EV charging space with Konect. The company, which employs approximately 4,000 people globally, began expanding internationally in the 1950s and has grown significantly in Europe, the Middle East, Africa, Southeast Asia, Australia, and Latin America. Today, GVR has facilities in countries like Argentina, Australia, Brazil, China, Germany, India, Italy, the United Kingdom, and the United States.
EV charging provides fuel retailers with opportunities to monetize longer dwell times by attracting drivers in-store, upselling additional services, and integrating with their own loyalty schemes. Konect is well-positioned to help operators capitalize on these opportunities, as it offers end-to-end service.
Fleets can also benefit from Konect's services, as they can specify an ecosystem that maximizes operational efficiency and delivers a smooth transition to electric vehicles. Konect anticipates exciting announcements for later this year, as it has promising projects underway.
The launch of Konect took place at the UNITI expo in May, with an initial focus on Europe and North America. As the demand for EV charging solutions continues to grow, Konect is poised to make a significant impact in the market, leveraging Gilbarco Veeder-Root's expertise and global reach.
