J.D. Power, a global provider of data analytics and consumer intelligence, has announced the completion of its purchase of ZappyRide, an electric vehicle (EV) data company that builds white-label software and tools for automotive original equipment manufacturers (OEMs), electric utilities and other greentech stakeholders. According to J.D. Power, ZappyRide is uniquely positioned to deliver a comprehensive range of software and services that include strategic planning for electrification programs, consumer shopping and cost analysis tools, regional and federal incentive data and EV program administration resources. The company said the deal complements J.D. Power’s strengths in both automotive and utilities customer intelligence and analytics.
The ZappyRide acquisition is part of the J.D. Power E-Vision initiative, a new program focused on maximizing the company’s EV data, analytics, insights and solutions. The J.D. Power E-Vision initiative will encompass a broad range of J.D. Power product lines such as ZappyRide, EV syndicated studies and other exciting products that will be announced this quarter. The purpose of the E-Vision initiative is to make it easier for the broad range of companies focused on the EV sector to leverage J.D. Power’s portfolio of products in a seamless and integrated way.
“The far-reaching implications of the historic EV transformation are not isolated to the auto industry; they are creating ripple effects far and wide that will change the game for utilities, federal and local governments, consumers and more,” said Dave Habiger, president and CEO of J.D. Power. “ZappyRide is positioned at the center of that interconnected ecosystem, delivering the software and solutions that all EV stakeholders need to make better, faster, and more well-informed decisions. By adding these capabilities and key relationships to our robust offerings in automotive and utilities data, analytics and consumer intelligence, we are strengthening our leadership position in the EV intelligence space.”
Launched in 2018, ZappyRide has been a pioneer in the development of EV-specific software. With a wide range of product offerings that include EV education and decision-making platforms for consumer and commercial stakeholders, commercial fleet planning tools, an incentive application assistant for EV charging equipment, and several APIs covering data on nationwide incentives, charging equipment, vehicles and their specs, electricity sources and their emissions, ZappyRide has quickly built a reputation as trusted authority on EV transformation. The company has amassed an A-list roster of clients that includes leading OEMs such as General Motors, and some of the country’s largest electric utilities, such as Pacific Gas and Electric Company (PG&E). ZappyRide is being integrated into the Autodata Solutions division of J.D. Power.
“The U.S. market saw approximately 20 new EV models launched in 2022 alone, and with roughly one-fourth of Americans now indicating that they are ‘very likely’ to consider an EV for their next purchase or lease, it has become clear that the world as we know it is changing quickly,” said Craig Jennings, president of J.D. Power Autodata Solutions. “J.D. Power has been on the front lines of that transformation for the last several years, and—with the acquisition of ZappyRide—we are further solidifying our position as a one-stop-shop for critical data, analytics and consumer intelligence on all aspects of the EV economy.”
“From the outset, our business has been focused on accelerating EV adoption by improving customer experience and providing the essential data and solutions a diverse group of stakeholders need to make better decisions – a mission that’s very well-aligned with the work J.D. Power has been pioneering for decades,” said Olivier Pinçon, CEO of ZappyRide. “I could not be happier about joining forces with J.D. Power to help drive the EV transformation.”
ZappyRide senior leadership and employees will continue with the firm and will be integrated into J.D. Power’s Autodata Solutions division. Pinçon will continue to lead the team as General Manager, ZappyRide EV Products, reporting to Jennings.
For more information about J.D. Power E-Vision, visit https://www.jdpower.com/business/e-vision.
