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Otovo enters the Portuguese electric vehicle charger market – Summary

Otovo, the European leader in solar panel and battery systems for the residential market, announced on Thursday the addition of electric vehicle chargers (CVE) to its range. With this type of equipment, also available in Portugal, the company aims to guarantee families greater independence from the electricity grid.

Otovo is the first marketplace to offer its customers the possibility to install CVE systems. The brand wants families to be able to produce their own solar power, which they can then use to charge their electric car from the comfort of their own home and at no additional cost.

“One of Otovo’s missions is to promote self-consumption. In this sense, it seems natural to us to expand our product range to include this type of device, especially because it makes our offer more complete. Otovo is increasingly positioning itself as a platform that helps families increase the energy efficiency of their home, always with the aim of maximizing savings at the end of the month,” explains Manuel Pena, General Manager of Otovo in Portugal.

The introduction of CVE into Otovo’s product range also appears to be a branding strategy designed to enable installers to increase their revenue by selling a complementary item.

“As a marketplace, we always take into account not only customers and families, but also the professionals we work with. For this reason, this decision seems inevitable and will only bring benefits to all parties involved. We are fulfilling the mission of promoting and accelerating the energy transition, thus ensuring greater comfort and savings for families and additional income for installers,” says Manuel Pina.

Otovo is already facing these risks and challenges in the various markets in which it operates, including Portugal.

By Bronte

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