Evolve Houston, founded in 2018 through Houston’s Climate Action Plan and relaunched last year, has launched a new tool for EV incentivization. Photo via Evolve

Equity and environmental impact characteristics often used to describe a company’s outlook on increased sustainability and fighting climate change.

Evolve Houston, which was founded in 2018 through Houston’s Climate Action Plan and relaunched last year, is one of the organizations leading the way, and now with their Grant Tracker program, they are giving back to those who are giving back to the planet.

“Raising awareness is a critical part of accelerating a new technology, this includes awareness of incentives that individuals and fleets in the Greater Houston region may be eligible for,” Casey Brown, executive director and president, tells EnergyCapital. “Beyond understanding incentives, most Houstonians have not experienced an EV for themselves. With the support of our Founding Members (Shell, NRG Energy, CenterPoint Energy, University of Houston, and the City of Houston), we offer educational and experiential ways for Houstonians to interact with EVs and learn more about the benefits.”

The Grant Tracker aims to make it easier to find funding opportunities, and assist with current grants available to organizations and individuals that are committed to a goal of zero emissions. The tracker serves as a tool to assist with purchasing an EV and charging equipment. Ultimately, Evolve wants to assist and fund those looking to make the transition to electric.

Anup Parikh and his company Pangea Charging, through EVOLVE, was granted a project to help bring charging capacity for EVs to help build the infrastructure in areas and apartment complexes that traditionally would not have them.

“People see electric vehicles as high-end and a luxury lifestyle, when in fact it can happen for everybody,” Parikh said in a promotional video.

In addition to the Grant Tracker program, Evolve’s Mobility Microgrant Initiative will partner with local nonprofits,community reviewers, and corporate catalysts to award funding to eMobility projects aimed at serving mobility needs in Houston's underserved neighborhoods. In July, Evolve teamed up with RYDE and District D Council Member Carolyn Evans-Shabazz to bring the free on-demand electric local shuttle service to residents in the Third Ward area, which was one of the many microgrants associated with the project. RYDE’s service in the area has been extended recently into the fall and “until further notice” according to a newsletter from EVOLVE.

“Private investments in this sector follow EV adoption,“ Brown says. “Investing in areas early creates more opportunity for EV technology interaction and benefits.

"We are excited about the success of our Equity Program and the exciting projects it has funded across Houston," he continues. "Today, we accomplish this through our eMobility Microgrant Initiative, a community-led investment program focused on historically disadvantaged communities, and aimed to tackle community needs with electric vehicle technologies. We have had a very successful Round 1 of investments this year and we are excited to announce round two grant winners in January of 2024.”

As Evolve continues to evolve its sphere of influence, the company still aims for its goal to have half of the vehicles in the city be electric by 2030. The company says that EVs should be for all Houstonians, not just for some.

“Houston maintains some of the lowest population density and longest commute distances of major U.S. cities, and we have an immense amount of business and goods that flow through Houston,” Brown said. “We see a landscape that can uniquely achieve larger financial and environmental benefits of EV technologies. One way that we share these benefits is being the Presenting Sponsor of the Houston Auto Show. We also summarize the local EV sector through our R.I.S.E. report and maintain an actionable, forward view in our EV Roadmap; both sources can be found on our website and are undergoing a refresh as we close 2023.”

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University of Houston collaborates with county on future-facing sustainability efforts

dream team

Researchers at the University of Houston are partnering with the Harris County Office of County Administration’s Sustainability Office, the Harris County Energy Management Team, and other county staff in an effort to develop a comprehensive baseline of energy use and energy-use intensity that will aim to reduce energy costs and emissions in county facilities.

Once fully established, the team will work on tracking progress and evaluating the effectiveness of energy-saving measures over time. They will begin to build the foundation for future programs aimed at maximizing savings, reducing energy consumption, and increasing the use of renewable energy sources in county operations.

Harris County energy managers, Glen Rhoden and Yas Ahmadi, will work with UH professionals, including:

  • Jian Shi, UH Cullen College of Engineering associate professor of engineering technology and electrical and computer engineering
  • Zhu Han, Moores professor of electrical and computer engineering
  • Xidan "Delia" Zhang, UH research intern

The group began collaborating a year ago, and analyzed energy consumption data from county facilities.They were able to successfully identify key summertime energy-saving opportunities and completed retro-commissioning of four county buildings. Those efforts saved over $230,000 annually in electricity costs.

“This project is a prime example of how impactful research at UH can be when applied to real-world challenges, delivering tangible benefits to both the environment and the communities we serve,” Shi says in a news release.

The team will plan to do additional building projects, which includes the development of solar energy and heat pump initiatives, building automation system upgrades, and LED lighting installations. The goal is to reduce electricity usage by at least 5 percent per year for county facilities by 2030 and cut greenhouse gas emissions by 50 percent over the next 5 years for county buildings.

“Addressing climate change and the energy transition requires a collaborative effort that is not only data-driven and action-oriented but also human-centric,” Shi adds. “It’s about more than just technology—it’s about improving the quality of life for Texans.”

Houston-based autonomous trucking tech co. raises $20M

fresh funding

A Houston-based autonomous vehicle technology company has raised early funding.

Bot Auto has announced the completion of its pre-series A funding round which was oversubscribed and raised $20 million. The round was led by investments from Brightway Future Capital, Cherubic Ventures, EnvisionX Capital, First Star Ventures, Linear Capital, M31 Capital, Taihill Venture, Uphonest Capital, and Welight Capital.

“As true believers in autonomous trucking, we're thankful for our investors' shared vision,” Xiaodi Hou, founder and CEO of Bot Auto, says in a news release. “Our strong commitment, combined with recent AI advancements and a sharpened focus on operational efficiency, has created a clear path to commercialization.”

The funds raised will be focused on developing the technology and will opt to avoid unnecessary hiring ahead of operational maturity, scaling the operational footprint prior to product readiness, over expansion and partnership debt. The company aims for a more sustainable and efficient future, and is hoping its engineers and AV executives help Bot Auto become an autonomous trucking game changer.

The Investment is expected to help expand Bot Auto's tech development in autonomous trucking that will focus on safety and operation efficiency.

“Our prospects for success have never been more promising,” Hou adds. “ We march forward, committed to bringing this transformative technology to humanity for a brighter future.”

Bot Auto’s vision aligns with the pioneering spirit of Houston’s legacy in space exploration, striving to achieve remarkable feats in technology and transportation. The company is dedicated to leveraging this investment to make significant strides in the US autonomous trucking industry, ultimately contributing to a more sustainable and efficient future.

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This article originally ran on InnovationMap.

Texas-based Tesla posts first quarterly increase in deliveries, but shares slump

mixed feelings

Low interest financing, sweet lease deals, price cuts and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker.

The Austin, Texas, company said Wednesday that it delivered 462,890 vehicles from July through September, bolstered by loans as low as 1.99%, and $299 monthly leases on the Model 3, its least expensive vehicle. It delivered 435,059 vehicles during the same period last year.

The figures for July through September came in slightly higher than analyst estimates of 462,000 for the period, according to data provider FactSet.

However, shares of Tesla Inc. dropped sharply in morning trading, down nearly 4%.

The deliveries were “good and a step in the right direction,” wrote Dan Ives of Wedbush, but that there would be pressure on the company's stock because investors had been hoping for even better.

“Overall, this is a clear improvement from the first half and we believe getting in the range of 1.8 million for the year is still the key and important bogey,” Ives said.

Tesla has struggled much of the year to sell its aging model lineup as growth in electric vehicle sales in the U.S. and Europe slowed due to concerns with range, price and the ability to charge on trips.

Falling sales early in the year led to once-unheard of discounts for the automaker, cutting into its industry leading profit margins. Analysts estimated that Tesla’s average vehicle sales price was $42,500 for the third quarter, the lowest price in four years.

The sales decline likely will pull down third quarter earnings when they are announced on Oct. 23.

Tesla’s sales decline comes as competition is increasing from legacy and startup automakers, which are trying to nibble away at the company’s market share.

Nearly all of Tesla’s sales came from the smaller and less-expensive Models 3 and Y, with the company selling only 22,915 of its more expensive models that include X and S, as well as the new Cybertruck.

Wedbush analyst Dan Ives wrote in a note to investors Tuesday that third-quarter sales would bring a rebound as China sales continue to increase and price and demand stabilizes.” As China continues to heat up on the demand story for Tesla with favorable leasing/financing terms and pent-up demand in the region, we are confident that we will see a significant growth figure in the region,” he wrote.

Europe will continue to be slow with macroeconomic pressures, and U.S. demand should stabilize, Ives wrote.

But BNP Paribas Exane said in an investor note that long term expectations of the market are somewhat high for Tesla. The company said its sales estimates for 2026 and 2027 “remain 10% to 15% below the street, respectively.”

Tesla is scheduled to unveil a purpose built robotaxi at an event next week.