As the electric vehicle market is flooded with money, many small companies are trying to stake their claim as a provider of charging infrastructure. These companies are developing proprietary ecosystems that work for their own devices but do not interrupt.
ChargeLab, Which has raised $ 4.3 million in seed financing led by Construction Capital and Root Ventures, appears to be the software provider, providing chargers manufactured by all others.
“You’ll find everyone in every niche and corner,” says Zachari LeFevre, chief executive of ChargeLab. Lefevre compared Tesla to Apple with its closed ecosystem and once compared two other electric vehicle charging points and blinks of the major smartphone manufacturer – BlackBerry. “What we’re trying to do is Android,” LeFevre said.
This means being a software provider for manufacturers such as ABB, Schneider Electric and Siemens. “These people are hardware manufacturers and the price stack is down,” LeFevre said.
ChargeLab already has an agreement with ABB to be their default software provider as they go to market. Large industrial manufacturers are gearing up to launch their next charging product in North America.
As companies such as REEF and Metropolis revamped garages and parking lots to service next-generation vehicles, ChargeLab’s chief executive feels that their software can power their EV charging services as they roll that functionality They start doing what they do a lot.
He said Lefevre became the first in the electric vehicle charging market to be the reseller of all other equipment. The company had raised a $ 1.1 million pre-seed round from investors including Urban.us and Notation Capital and has now added another capital infusion from Construction Capital to that bank account, which includes Dayna Grayson and Rachel Holt, and Root’s There is a new fund in leadership. Ventures, LeFevre said.
Ultimately, the company wants to integrate with the back-end of companies like ChargePoint and Electrification to make the charging process effective for everyone, according to the Chief Executive Officer of ChargeJab.
As more service providers enter the market, Lefevre sees rapid expansion in their business expansion opportunities. “Super open platforms are not going to build EV charging systems as much as they would build their own hardware.”