Mintz Advises Smartcar on Its Sale to Everyday Electric

This month, we're pleased to feature our client Smartcar, a platform that allows drivers to connect their vehicles with energy and mobility companies without additional hardware. Through its partnerships with automakers, Smartcar helps make it easy for drivers to save with smart charging that fits their routines.

The Acquisition

Mintz advised Smartcar in its sale to Everyday Electric (formerly known as Renew Home). Announced on October 6, 2026, the acquisition extends Everyday Electric's energy solutions beyond thermostats and HVAC systems to a whole-home virtual power plant (VPP), bringing vehicle connectivity and automotive integrations in-house.

Building the Nation's Largest Residential Virtual Power Plant

Everyday Electric operates the largest residential VPP in the United States. The company coordinates more than 6 GW of capacity across connected products, including smart thermostats, electric vehicles, solar, and storage. Its goal is to create a more reliable and affordable grid by making it easy for customers to enable flexible automations that help them save with the energy products they use each day.

For Everyday Electric, Smartcar's vehicle connectivity supports simplified customer savings and managed charging as part of the utility programs it operates.

Bringing the Car into Household Energy Savings

"For most households, the car in the driveway represents one of the biggest decisions impacting their energy expenses," said Ben Brown, CEO of Everyday Electric. He described the acquisition as "a critical step to helping us reach over $5 billion in savings for households over the next five years."

"Smartcar was built to make it simple for drivers to connect their cars and unlock savings and rewards as part of their driving experience. The team at Everyday Electric has spent years proving that household energy management can deliver value to customers and the grid at scale, reaching millions of homes," said Sahas Katta, CEO and co-founder of Smartcar. "Joining Everyday Electric means smart charging can become a seamless part of how households save, and I'm excited to bring the growing list of direct EV partnerships we've built into that future together."

What Comes Next

Everyday Electric plans to expand the direct partnerships that Smartcar already has with several original equipment manufacturers (OEMs) across the globe, and to add new partners as well. These additions will enable more ways to help customers save, while scaling VPP capacity to support a more cost-effective grid.

Smartcar's platform and team will join Everyday Electric, and services for existing Smartcar customers will continue without interruption.

Mintz is proud to support the team at Smartcar, and we look forward to their continued growth and success in the sustainable energy and infrastructure field.