Global Startup Heat Map highlights 10 EV Infrastructure Startups to Watch in 2023
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, which covers over 3 790 000+ startups & scaleups globally, we identified 162 EV infrastructure startups. The Global Startup Heat Map below highlights the 10 EV startups you should watch in 2023 as well as the geo-distribution of all 162 startups & scaleups we analyzed for this research. Based on the heat map, we see high startup activity in Europe, India, and the USA. These EV infra startups work on solutions ranging from smart charging and fast charging. Other emerging solutions include EV charging systems for various user groups like residences and public spaces.
As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant technologies and trends quickly & exhaustively. Based on the data from the platform, the Top EV Infrastructure Startup Hubs are located in London, Bangalore, and New York City. These are followed by film and entertainment industry hubs in Hyderabad & Los Angeles. The 10 hand-picked startups highlighted in this report are chosen from all over the world and develop solutions for residential and commercial charging infrastructure, EV charger power boosters, contactless EV charging, and more.
10 Top EV Infrastructure Startups to Watch in 2023
EV charging stations are becoming more widespread. However, many areas still lack enough charging stations to support its widespread adoption. At the same time, battery technologies are improving but EV batteries are still expensive and take time to charge. EVs are also often more expensive to purchase than gasoline-powered cars. This is despite the cost of ownership over the long term being lower due to savings on fuel and maintenance. To overcome these EV industry challenges, startups are working on solutions that span residential and highway EV infrastructure, as well as power boosters and EV infrastructure management systems.
- Oodles Energy – Residential EV Charging Stations
- M Glads E Power – Highway EV Charging Stations
- Share.P – Contactless EV Charging Stations
- SunFuel Electric – EV Chargers for Public Spaces
- Switch – Residential EV Charging Planning
- Orange Charger – Multi-Unit Property Charging
- L-Charge – EV Power Booster
- Zimi – Automated EV Fleet Charging
- sun2wheel – Intelligent Bidirectional Charging Systems
- Spott – EV Infrastructure Management Systems
Oodles Energy maintains Residential EV Charging Stations
US-based startup Oodles provides fully managed electric vehicle charging solutions for residential communities. Its EV charging stations address the electrical setup and parking layout, as well as the residential and equipment requirements of each community. The charging stations also feature power usage optimization using analytics to track revenue. Its charging-as-a-service subscription model provides proactive station monitoring and on-site maintenance while reducing upfront costs for property owners and managers.
M Glads E Power develops Highway EV Charging Stations
M Glads E Power is an Indian startup that creates electric vehicle charging station solutions for city-wide and highway applications. The startup’s charging station models range from 7.4 kW to 142 kW with both AC and DC charging support. Additionally, the chargers support wired and wireless connections for back office management, RFID card readers for user identification, and remote firmware updates. Moreover, the startup uses GB/T, CCS CHAdeMO, and AC plug connector standards to support charging for a wide range of EVs.
Share.P offers Contactless EV Charging Stations
Swiss startup Share.P develops car parking and charging station management systems that feature fully contactless control. The startup’s PowerModule is a charging station management system that connects to regular socket outlets. It also enables contactless activation of charging sessions, checks energy consumption, and automatically bills drivers according to custom rates. Share.P provides comprehensive advice, selection, documentation, construction, installation, and maintenance solutions for EV charging stations.
SunFuel Electric provides EV Chargers for High Footfall Public Spaces
SunFuel Electric is an Indian startup company that develops EV chargers that also serve as interactive advertising platforms. Its Adpod charger is a 7.7 kW, level-two AC charger made for high-footfall public spaces. The connected smart charger features a full-HD and high-brightness vertical screen for dynamic advertising and runs 24×7. The charger also supports fast charging of two vehicles simultaneously with dual 7.7 kW nozzles and supports payments through an app or QR code. This solution enables EV owners to charge their vehicles in public places while increasing revenue from charging stations through ads.
Switch enables Residential EV Charging Planning
UK-based startup Switch enables the monetization of infrastructure through the modeling of EV charging infrastructure. The startup’s solution models site selection, building revenue, and long-term portfolio value with supporting resident consultations as well as land registry and commercial contracts. Its chargers also contain a management platform that automatically shares power between vehicles connected for charging. Switch’s solution enables residential building planners to overcome the challenges of EV installation and estimate the viability of charging stations.
Orange Charger provides Multi-Unit Property Charging
US-based startup Orange Charger develops scalable EV charging solutions for multi-unit properties. Its Orange Outlet is a smart outlet that tracks energy consumption with a measurement error of less than 1%. Orange Charger’s payment platform and software suite enable property managers to track, plan, and monitor smart outlets and receive performance insights. Moreover, Orange Outlet‘s mobile app lets drivers and managers control charge sessions, handle payments, monitor costs, and commission new devices.
L-Charge manufactures an EV Power Booster
UK-based startup L-Charge makes a power booster that increases the capacity of existing EV charging infrastructure. The power booster uses an internal power plant and power bank to take an input voltage of 22 kWh and increase it up to 120 kWh. In addition to this, it contains a fully integrated backend ecosystem for remote operation and monitoring. L-Charge also manufactures grid-independent, ultra-fast charging stations that serve as mini power plants which operate on clean fuels. The startup’s power booster eliminates the need for expensive upgrades to existing EV charging infrastructure and increases its charging capacity.
Zimi enables Automated EV Fleet Charging
South African startup Zimi provides end-to-end electric fleet charging solutions. The startup’s services include the roll-out of fleet charging stations and automation of charging operations. These solutions are compliant, interoperable, and compatible with systems for EV charging. Additionally, Zimi offers integrated energy management tools with site-level energy optimization, load prediction, schedule planning, and battery integration. Together with its charging-as-a-service, charger management, monitoring, and more, Zimi advances fleet electrification.
sun2wheel makes Intelligent Bidirectional Charging Systems
sun2wheel is a Swiss startup that manufactures intelligent EV stations and second-life battery storage systems. The startup’s charging stations are modular, flexible, and expandable with additional charging stations and battery storage units. sun2wheels’ intelligent software controls further optimize power distribution and enable bidirectional charging for vehicle-to-everything (V2X) operations. The startup’s EV charging solutions thus enable fast charging with only a small grid connection.
Spott develops EV Infrastructure Management Systems
Brazilian startup Spott develops technology to manage EV infrastructure and expand charging networks. Its charge management system (CMS) contains a suite of features to manage and operate infrastructure and charging services for electric vehicles. The system balances loads between chargers and is compatible with any open charge point protocol (OCPP) smart charger. Further, Spott’s CMS connects and controls the entire EV charging infrastructure from its central hub which displays energy consumption, among other features. In this way, Spott simplifies the process of managing multiple EV charging points.
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