ENECHANGE and Tokio Marine & Nichido Fire Insurance Co., Ltd. form a business alliance for the promotion of EV charging port installation and insurance. EV charging infrastructure to be expanded with more reliable compensation services.

ENECHANGE Ltd. is  pleased to announce that it has signed a business alliance agreement with Tokio Marine & Nichido Fire Insurance Co., Ltd.  (hereafter, TMNF) for the promotion of the installation of EV Charging business and insurance arrangements.

Background to the partnership

With the Government’s target of 100% low-emission vehicles in new car sales by 2035, ENECHANGE has set a target of investing up to 30 billion JPY to install 30,000 EV Level 2 charging ports by 2027. Destination charging utilizing6 kW Level 2 charging ports installed in commercial facilities, leisure facilities, accommodation facilities, golf courses, and other places where people stay for long periods of time is being actively promoted and strategic partnerships are being built.

Established as Japan’s first insurance company in the Meiji era (1868-1912), TMNF has developed over the years, responding to customer needs and providing ‘peace of mind’ in times of ’emergency’. The partnership will utilise the TMNF network to promote the installation of 6 kWLevel 2 charging ports and ENECHANGE EV Charge, the largest Level 2 network*, to client companies and agencies. In the future, we plan to further promote ENECHANGE EV Chargeby subcontracting this business for the approximately 46,000 agencies within the nationwide TMNF network. In addition, TMNF’s insurance arrangements for ENECHANGE EV Charge provide financial compensation in the event of damage caused by natural disasters, tampering, vehicle collisions, etc.

ENECHANGE EV Charge

ENECHANGE EV Charge is an all-in-one service that allows installation of charging facilities for electric vehicles at commercial facilities, lodging facilities, and other destination locations, as well as condominiums, with minimal installation and operation costs starting at 0 yen per month. It currently has the highest number* of installed EV charging ports in Japan. ENECHANGE EV Charge also offers a full range of services for EV drivers. In addition to searching for charging spots, anyone can use the charging ports at any time, with an appealing pay-as-you-go system without monthly fees. ENECHANGE EV Charge charging ports are now also compatible with e-Mobility Power-linked charging cards issued by various automotive OEMs, further increasing convenience.

URL: https://ev-charge.enechange.jp/
Twitter: https://twitter.com/enechange_ev

*Based on number of installed EV charging ports (6kW) by a secure app-based service provider (as of May 2023, according to GoGoEV).

 Tokio Marine & Nichido Fire Insurance Co., Ltd.

TMNF has been fulfilling the role of insurance as social infrastructure to support and protect customers and local communities since its foundation in 1879. TMNF will continue to support customers in solving social issues as their “business strategy partner” based on the various solutions it has to offer.

Name : Tokio Marine & Nichido Fire Insurance Co.
Address : 2-6-4, Otemachi, Chiyoda-ku, Tokyo 100-8050, Japan
URL：https://www.tokiomarine-nichido.co.jp/

ENECHANGE Ltd.

ENECHANGE is an energy technology company that promotes a carbon-free society through digital technology with the mission of Changing Energy For A Better World. We offer services based on data utilization in the field of the 4Ds of Energy: Deregulation, Digitalization, Decarbonization, and Decentralization. Our company’s roots come from an energy data lab at the University of Cambridge, U.K., a country where liberalization is mature. ENECHANGE has a British subsidiary, SMAP Energy Limited, as well as a global network and analytical technology for energy data.

URL: https://enechange.co.jp/en/

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ENECHANGE Ltd.
pr@enechange.co.jp