What’s Happening
Fermata Energy, a pioneering vehicle-to-everything (V2X) bidirectional charging startup, has officially announced the appointment of Tony Posawatz as its new CEO. Notably, Posawatz, known for his significant contributions to electric vehicle (EV) innovation and operations, has been a part of Fermata Energy’s advisory board for over a decade. The leadership transition was effective from July 7, 2023.
Why It Matters
This shift in leadership comes as David Slutzky, Fermata Energy’s founding CEO and a distinguished V2X visionary, assumes his new role as Chairman of the Board. Slutzky will continue to influence the realms of climate tech, mobility, and energy through his thought leadership. By bringing on Posawatz, a recognized automotive industry expert and former head of California-based Fisker Automotive, Fermata Energy is positioning itself for greater innovation and growth in the EV and renewable energy sectors.
Key Points
- Tony Posawatz is well-known for spearheading the development and commercialization of the Chevy Volt at General Motors.
- He has previously served on the board of Lucid Motors and several other new mobility and new energy companies.
- Slutzky launched Fermata Energy in 2010 to expedite the adoption of EVs and the deployment of renewable energy.
- Fermata Energy was the first company to secure UL 9741 certification for bidirectional charging.
- Fermata’s V2X services include vehicle-to-grid (V2G), vehicle-to-building (V2B), and vehicle-to-home (V2H).
Bottom Line
As CEO, Posawatz will continue to advance the company’s climate tech innovations and its AI-powered V2X software platform, which is propelling the expansion of the V2G market. In partnership with leading organizations like Nissan, Ford, Revel, Verizon, the Department of Energy, and the City of Boulder, Fermata Energy is revolutionizing the way EVs serve as mobile energy storage assets and fostering a more sustainable future.
