Daily EV news · Global · 27 March 2026
EV Charging
Scalvy raises $13.9 million Series A for modular power delivery platform
Scalvy has secured $13.9 million in Series A funding to advance its modular power delivery platform. The round was reported by Charged EVs, though specific investor details and deployment plans were not disclosed in the available excerpt. The funding will support development of the company's power infrastructure technology.
Why it matters
Modular power delivery platforms can reduce installation complexity and costs for EV charging networks, making the technology relevant for CPOs seeking scalable infrastructure solutions. The Series A scale suggests Scalvy is moving from pilot to commercial deployment phase.
Monta acquires ABB Nordic CPMS customer contracts from Vourity to expand Northern Europe footprint
Monta has acquired the charge point management software customer contracts operated by Vourity, ABB E-mobility's Nordic subsidiary, in a deal that expands Monta's CPMS presence in Northern Europe. The transaction involves only the transfer of software customer contracts, not an acquisition of ABB E-mobility or Vourity itself. Monta now supervises more than 260,000 commercial charge points and supports over 800 charge point models across its platform.
Why it matters
The deal reflects ongoing consolidation in the CPMS market, where platforms that monitor chargers, manage access and control pricing are becoming critical control points in the EV charging business. Operators are increasingly standardising on established, full featured platforms rather than smaller regional tools, which may influence procurement decisions and vendor selection strategies.
Monta (global) · ABB Nordic (nordic) · Vourity (global) · Source
Policy & Market
TotalEnergies abandons net zero target, cites slower energy transition and EU regulatory uncertainty
TotalEnergies has dropped its net zero emissions commitment, pointing to a slower than expected global shift to green energy and evolving European Union regulations. The oil major's decision marks a significant retreat from climate pledges made by large energy companies. Bloomberg reported the move as the company reassesses its decarbonisation strategy amid changing market and policy conditions.
Why it matters
Major energy firms like TotalEnergies are key investors in EV charging infrastructure, so any strategic pivot away from decarbonisation targets could signal reduced capital allocation to charging networks. The decision also reflects broader uncertainty in EU energy policy that may affect long term planning for charging point operators and procurement frameworks tied to corporate sustainability commitments.