In this photo illustration, the Amazon Alexa logo is seen displayed on a smartphone screen and Amazon logo in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)
Amazon and EVgo are partnering to enable voice-activated virtual assistant Alexa to help drivers locate electric vehicle charging stations. Drivers in Alexa-enabled vehicles will be able to ask for help navigating to the nearest station operated by EVgo and then pay for the charge through a voice-initiated transaction. The new in-vehicle functionality will be available later this year.
“We want Alexa to be useful for customers in their everyday lives, and EV charging is a great example of a task that can be simplified and made more convenient through the power of AI,” said Anes Hodžić, vice president of Amazon Smart Vehicles, in a statement. “By partnering with EVgo, we’re bringing Alexa’s AI and multi-modal experiences to improve the EV charging experience for drivers and streamline the process of locating, initiating and paying for a charging session.”
The software behind the feature is called PlugShare. It's essentially a comprehensive public map of EV charging infrastructure that will now be integrated with the Alexa app. The map encompasses 150,000 public charging stations, while EVgo itself operates 850 fast charging locations
“EVgo and Amazon’s shared principles of being customer-centric and committed to a sustainable future make innovative experiences like voice-initiated charging possible,” said Cathy Zoi, CEO at EVgo, in a press release.
The companies announced the partnership at the the Consumer Electronics Show (CES) in Las Vegas, Nevada. Check out Cheddar News' real-time coverage on Instagram and Twitter.
Big tech companies such as Amazon and Google are garnering criticism for failing at their proposed climate pledges, most of which rely on carbon offsets — a potential loophole where companies pay others to address their omissions. Gilles Dufrasne, policy officer at Carbon Market Watch, joined Cheddar News to explain the organization's negative evaluation. "The objective here is not to bash companies and say everybody is doing the wrong thing," he said. "The objective is to also provide lessons, and there are some companies that are doing the right thing."
U.S. markets opened lower as disappointing Meta earnings dragged down the tech-heavy Nasdaq. Today, investors will be watching for Amazon's Q4 earnings report set for release after the market close. Greg Swenson, Founding Partner, Brigg Macadam joined Cheddar's Opening Bell to discuss.
Markets opened mostly higher led by gains in the tech sector on strong Q4 earnings. It comes after a tumultuous January which saw stocks suffer one of their worst months since the early days of the pandemic. Jim Worden, Chief Investment Officer, Wealth Consulting Group joined Cheddar's Opening Bell to discuss early market activity.
CLMBR is hoping to become the next big thing in connected fitness. The brand offers a high intensity, low impact workout with on-demand, instructor-led classes. Avrum Elmakis, CLMBR's CEO and founder, joined Cheddar to discuss where the company is heading next.
Peloton is reportedly drawing interest from multiple suitors. According to the Wall Street Journal, Amazon is considering acquiring the exercise bike company as it looks to expand into the health and wellness technology industry. Hatem Dhiab, managing partner at Gerber Kawasaki, joined Cheddar to discuss Peloton's future and which company might be its best bet as a buyer.
Amazon shares jumped north of 13 percent in after-hours trading as the E-commerce giant posted a beat on earnings in its fourth quarter. Amazon saw particular success in its cloud computing business, as well as its stake in EV startup, Rivian after its massive IPO. Deren Baker, CEO, Edge by Ascential joined Cheddar's Opening Bell to discuss.
Google parent company Alphabet reporting a beat on its Q4 earnings report, with revenue up 32%. The company's strong quarter was thanks to success in its cloud and advertising businesses, which both saw solid year-over-year growth. Angelo Zino, Senior Industry Analyst, CFRA Research joined Cheddar's Opening Bell to discuss the tech giant's blowout results.
