By Lyuba Wolf
Evercharge provides electric vehicle charging services to EV owners in multi-unit residences, providing a mechanism to reimburse management for common area electricity usage as well as power-management technology that allows vehicles to take turn charging so that many more vehicles can charge off of existing electrical infrastructure.
Short description of your technology
EverCharge's power manager tracks and bills EV owners for common area electricity usage and through multiplexing allows vehicles to take turn charging so that many more vehicles can charge off of existing electrical infrastructure. Multiplexing reduces installation costs for the EV owner and satisfies the management’s requirement that to be able to provide charging to future EV requests using existing capacity. Without our product, charging in a shared garage has been un-scalable and prohibitively expensive; EV owners in shared garages simply could not get charging at home.
What is the key element of your technology that differentiates it from existing solutions
Unlike other charging providers who are focused on public infrastructure, our solution is tailored for a shared parking garage environment, with common area electricity and limited capacity. We can justify the premium we put on electricity because we provide the capability for EV owners to charge where they need it most: at home.