CHOSEN DIGITAL
CHOSEN Group
EMSP.com
ASIA's 1st EV and Energy Modernization Platform
ASIA's 1st EV and Energy Modernization Platform
EV is surely happening rapidly and have to travel around many countries and need to charge everywhere. But there are many types, software and protocols of EV chargers, European standard, Chinese Standard and non standard protocols that support only their own chargers but cannot communicate and charge each other as a whole. So the EV drivers will have problem driving around like in ASEAN free trade and transportation between the countries but EV in LAOS of Chinese standard cannot charge in Thailand and Malaysia. This problem can also happen in China and Hong Kong and around the world.
Another issue is EV is huge load and the infrastructure did not prepare for EV before and needs to replace all the infrastructure which is huge investment.
CHOSEN Develops the innovative core engine software and hardware technology for 4 years to control load and energy regardless of brands, Charger types and protocols with smart AI. and can also control all kinds of energy in the future to be Load Aggregator and Virtual Power Plant for energy trading.
CHOSEN has many tractions with many big Condos, Hotels and Buildings. CHOSEN signed MOU with Thailand Government and Loas Government to do Pilot testing and will expand as National Projects.
CHOSEN be the Winner of National Innovation Agency, Delta Angel Fund and Ministry of Industrial Award from Thailand. and also Finalists in Techstars Paris, Jetro Japan and many global contests and expected to go Globally.
CHOSEN Overview
This document provides an overview of CHOSEN, Asia's pioneering platform dedicated to electric vehicles (EVs) and energy modernization. With a mission to transform the energy landscape of the region, CHOSEN aims to integrate EV technology into grid modernization and energy optimization. The following sections outline the market opportunities, solutions, business models, accomplishments, and future plans of CHOSEN.
Market Opportunities
CHOSEN is strategically positioned to capitalize on the anticipated growth of the EV market in Thailand, where it is projected that there will be 6 million EVs on the road by 2035. This surge in EV adoption is expected to contribute an impressive 300 GW of energy. However, this growth also brings challenges, particularly in managing rising energy demands. Issues such as transformer overload necessitate immediate and effective solutions to ensure a sustainable energy future.
CHOSEN’s Solutions
To address these challenges, CHOSEN offers innovative solutions including:
- Software for EV Load Management: This software is designed to reduce energy demand spikes, thereby preventing transformer overloads and ensuring a stable energy supply.
- AI-Powered Energy Platforms: These platforms provide real-time pricing, flexible capacity management, and seamless integration with traditional energy systems, enhancing overall efficiency and reliability.
Business Models
CHOSEN has developed diverse revenue streams to support its operations, including:
- Sales of EV chargers
- Subscription fees for software services
- Transaction fees from energy trading
- Customization services tailored to client needs
- Maintenance services for installed systems
Additionally, CHOSEN seeks partnerships with large organizations to deliver customized solutions that meet specific energy demands.
Accomplishments
CHOSEN has garnered significant recognition in the industry, including:
- Winning prestigious awards such as the Delta Angel Fund and Startup Connect.
- Being recognized as a top startup by JETRO and participating in various international summits.
- Boasting a strong leadership team with extensive expertise in energy, electric vehicles, and government relations.
Future Plans
Looking ahead, CHOSEN has ambitious plans to further its impact in the energy sector, including:
- Developing advanced EV charging platforms and initiating pilot projects to test new technologies.
- Expanding into Virtual Power Plants and exploring opportunities in energy trading.
- Preparing for an Initial Public Offering (IPO) to secure funding for continued growth and technological advancements.
In conclusion, CHOSEN is poised to play a crucial role in the modernization of energy systems in Asia, leveraging innovative technology and strategic partnerships to meet the evolving demands of the electric vehicle market.