The privately-owned kVA works with automotive developers and suppliers to train and advise them on the safety of autonomous vehicles and electrification of automotive systems. Through the acquisition, UL can offer greater access to its customers through increased knowledge in autonomous vehicle testing and certification.
“Our group’s shared reputation for delivering safe and effective autonomous vehicle testing, training, and advisory services will allow us to significantly accelerate our growth,” Bill Taylor, kVA co-founder and managing partner, said in the press release. “We can now extend our expertise across global markets and help this global industry deliver on the promise of connected and autonomous vehicles, for a safer and more secure world.’’
Taylor and Jody Nelson, co-founder and managing partner of kVA, will continue to lead the company while reporting up to Jeff Smidt, vice president and general manager of UL’s Energy and Power Technologies division. kVA will now operate under the brand name kVA, by UL.
“As autonomous vehicle technology continues to advance rapidly, the public’s trust and technology readiness will determine how quickly AVs are adopted,” Smidt said in the press release. “The combined entity will enable us to respond to the growing market need for autonomous vehicle and technology services across the globe and build upon UL’s mission to make the world a safer place while helping companies create and protect their product’s brand value.’’
kVA’s clients include some of the largest global OEMS, automotive suppliers, and developers of new autonomous automotive technology. The Greenville-based company also has employees in Royal Oak, Michigan, and Portland, Oregon, that will become a part of UL’s Energy and Power Technologies division.