Switch EV Ltd
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 2.8m | 4.0m |
% growth | - | 43 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£1.0m | Seed | ||
Total Funding | €1.2m |
Recent News about Switch EV Ltd
EditSwitch-EV is a technology startup that offers an advanced platform for managing electric vehicle (EV) charging stations. The company operates in the rapidly growing EV charging market, serving clients that own and operate EV charging stations. These clients can range from businesses with charging stations for their fleet of electric vehicles to public charging station operators.
Switch-EV's platform is designed to enhance the scalability, competitiveness, and return on investment of EV charging stations. It does this by offering a plug-and-play implementation of the latest industry standards, OCPP 2.0.1 and ISO 15118. These standards provide charging stations with advanced features, helping to reduce costs and maximize uptime.
The company also offers a full turnkey solution, meaning it provides everything a client needs to get started with managing their EV charging stations. This includes advanced diagnostics to ensure more uptime, and the ability to add value-added service layers to the core offering through an App Store-like interface. For example, clients can integrate with roaming hubs like Hubject or GIREVE to make their charging network visible to millions of drivers, potentially increasing revenue.
Switch-EV's business model is likely based on a software-as-a-service (SaaS) model, where clients pay a recurring fee to use the platform. This model provides a steady stream of revenue and is scalable as the number of EV charging stations increases.
Keywords: Electric Vehicle Charging, EV Charging Management, Scalability, Competitiveness, Return on Investment, OCPP 2.0.1, ISO 15118, Advanced Diagnostics, Roaming Hubs, Software-as-a-Service.