Episode summary
New Driivz CEO Sees EV Market Stabilizing, Continued Growth | Bloomberg Businessweek
Bloomberg Businessweek Daily
· · 10 min · Hosts: Carol Massar, Tim Stenovec · Guests: Shiri Levi-Laor
Summary
Driivz CEO Shiri Levi-Laor said the EV charging market is still growing, but the industry has moved out of its early hype phase and into a more stable period of disciplined execution. She pointed to 2025 figures she said showed the trend: 18,000 additional chargers added in the US and 20 million EV cars sold, arguing that EV charging is becoming standard rather than experimental.
She described Driivz as the software “brain” behind chargers, handling operations, driver access, payments and energy management. In her view, software is essential because chargers need an operating system-like layer to function and to help users find and pay for charging.
Levi-Laor also said the company is seeing double-digit year-over-year growth and is “very, very much close” to profitability. A big part of the opportunity, she said, is energy management: Driivz helps operators balance load, avoid stressing the grid and manage peak-hour electricity costs, with one terabyte of energy data under management today. She argued that subsidies matter less than consumer adoption and said the U.S. will eventually turn EV, with the only question being when.
Key takeaways
- Shiri Levi-Laor said Driivz is still seeing growth, with 2025 adding 18,000 U.S. chargers and 20 million EV sales, in her telling.
- Levi-Laor framed the EV market as stabilized, saying the industry has moved from hype to “disciplined execution” and standardization.
- She said Driivz is posting double-digit year-over-year growth and is close to profitability as a SaaS business.
- Levi-Laor argued energy management is becoming central because operators need to balance peak demand, reduce grid stress and control electricity costs.
- She said the company manages one terabyte of energy data today, which helps operators with load balancing and investment decisions.
Notable quotes
“We are seeing growth. And if we look at it, the way I look at growth is number of EVs on the road”
“Now it's stabilizing. The early adoption uh phase is gone. We are getting into disciplined execution”
“the charger alone without the software to operate it to help you find the charger to help you pay to help you uh transfer the energy”
“we are seeing double digits high double digits growth year-over-year uh which demonstrate uh the success uh that we are seeing”
“We are sitting if you think about it as drives we are managing today one terabyte of of energy”
How the episode opens
Bloomberg Audio Studios podcasts radio news. — You're listening to Bloomberg Business Week with Carol Masser and Tim Stenc on Bloomberg radio. — Sheri Levy Lor is CEO of Drives. It's a global EV charging software provider that's part of the publicly traded industrial tech company Vonteer. She joins us from Greensboro, North Carolina. Vonte, by the way, ticker is VNT and it's got a market cap of uh over five billion, about five and a half billion dollars. Um, great to have you here with us. I think it's safe to say, just remind the world about what Drives is all about.
Great to be here with you today. Thank you for having me. Uh, Drives is the brain behind the EV chargers.
So think about it as the ones that operate that machine that helps you charge your car, operate the app that helps you find the chargers and manage the energy to allow you uh to drive and charge with realability. We are the operating system behind EV charging. So, the struggles that we've seen with the large American companies that I just mentioned, uh, we have Ford and GM taking some pretty big writedowns over the last few months on their EV business.
How are you seeing that manifest in in your business? Are you just not seeing growth the same way that that you thought you would? The sort of the same thing that we saw from these EV makers.
It's a great question. We are seeing growth. And if we look at it, the way I look at growth is number of EVs on the road and I look at number of uh chargers um during the course of 2025 in the US alone there were an additional 18,000 um chargers added across the US.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- ev market outlook
- ev charging software
- cloud energy management
- ev billing and driver self-service
- tesla and byd sales slump
Companies and tickers mentioned
- TSLA
- BYDDY
- Driivz
- Vontier
- Tesla
- BYD
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Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
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