Volkswagen Group and Elli launch electricity trading on the European energy exchange

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Julia Pirlich
Julia Pirlich
Volkswagen Group Technology Head of Corporate Communications, Elli
Katerina Vojtechova
Katerina Vojtechova
Volkswagen Group Technology Spokesperson Charging and Energy
Elli Trading Team
Elli Trading Team
Ingo Müller, Senior Vice President Energy Elli, Kora Töpfer, Head of German Public & Regulatory Affairs EPEX SPOT, Luisa von Lonski, Head of Energy Trading Elli
Ingo Müller, Senior Vice President Energy Elli, Kora Töpfer, Head of German Public & Regulatory Affairs EPEX SPOT, Luisa von Lonski, Head of Energy Trading Elli
  • The first time an automotive company is listed on the EPEX Spot power exchange (German electricity market)
  • Project includes stationary battery storage and new digital platform to control battery and electricity trading
  • Electricity trading is Elli’s first step on the way to a smart energy portfolio
  • Elli CEO Giovanni Palazzo: "We want to make Elli the leading brand in the European energy and battery management business."

Berlin. Today, the Volkswagen Group and its Elli brand became the first automotive company to start trading on the German electricity market of Europe's largest power exchange, EPEX Spot. The basis for electricity trading is a stationary storage system made of e-up! batteries and a new, digital electricity trading platform from Elli. In the future, the stationary storage system – the so-called "PowerCenter" – will store the energy traded on the electricity market. The pilot project is being driven forward jointly by Elli and Volkswagen After Sales and is a first step on the way to the planned Smart Energy Platform. In the future, Volkswagen and Elli want to anchor the growing storage capacities of electric cars and batteries in the energy system and make an important contribution to the energy transition.

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The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.