Company Research Report: Bridge to Renewables (BTR)
Company Overview
Name
Bridge to Renewables (BTR)
Mission
Bridge to Renewables is on a mission to maximize the benefits of electric vehicle (EV) telematics by building a bridge between the transportation and energy industries.
Founding
- Founded: 2015
- Founders: Mike, Jim, and Chrys Lemon
Key People
- No information is available regarding other key people apart from the founders.
Headquarters
No information is available regarding the headquarters.
Number of Employees
No information is available regarding the number of employees.
Revenue
- Total Revenue Generated: $47M+
Notable Achievements
- Gas Avoided: 13,717,000+ gallons
- Total EVs: 415,200+
- CO₂ Reduced: 210,000+ MT
- Carbon Credits Generated: Over 50M
- A trusted partner in the sector since 2015.
Known For
BTR is known for offering advanced software infrastructure that enables electric vehicles to interact with electricity markets, contributing significantly to emissions reduction and the growth of low-carbon and renewable transportation fuel programs.
Products
Platforms and Services
Bridge Platform
- Description: Supports participation in low-carbon and renewable fuel programs like California's Low Carbon Fuel Standard (LCFS) and Washington’s Clean Fuel Standard (CFS).
- Key Features:
- Automated registration & reporting
- Credit monetization & market insights
- Self-service online portal
Elematics Platform
- Description: Provides optimized EV charging solutions integrated into OEM applications, focusing on charging efficiency and driver rewards.
- Key Features:
- Carbon + cost optimized charging
- Rewards ecosystem
- First-party experience for easy app integration
Services
Clean Fuel Program Participation
- Service Includes:
- Simplified participation for EV OEMs, charging networks, fleet operators, and energy generators
- Automated documentation generation and submission
- Monetization and insights for maximizing program credit value
Optimize EV Charging and Driver Rewards
- Service Includes:
- Algorithms for cost and carbon optimization
- Integration of rewards ecosystem with top partners
- Comprehensive platform management and integration
Recent Developments
New Products and Features
- BTR has launched strategic initiatives for participation in the Renewable Fuel Standard (RFS) eRINs program, potentially driving significant emission reductions using biogas-generated energy for EV charging.
Partnerships
- Series A Funding: Received backing from strategic investors including BP and CDPQ.
- Qmerit Partnership: A strategic collaboration was established with Qmerit to help commercial clients monetize EV charging through low-carbon transportation programs.
- OEM and Biogas Collaboration: BTR is collaborating with leading automakers like GM, Audi, and Mercedes-Benz, and biogas producers for participation in the eRINs program.
- Various Initiatives:
- Partnered with Cruise to power autonomous vehicles using solar energy.
- Collaboration with BMW and Straus Dairy Farm to provide low carbon EV charging solutions using biogas.
Conclusion
Bridge to Renewables (BTR) has established itself as a significant player in optimizing electric vehicle telematics, facilitating participation in renewable energy programs, and enabling stakeholders in the EV ecosystem to achieve sustainability goals efficiently. Their partnerships with major automakers and strategic investors further strengthen their position as a leader in this sector.
