We’ve covered the Brisbane-based EV charging company EVOS Energy in the past and today, they have more exciting news. The Aussie startup announced that it has completed a funding round, securing $5m from existing investors.
EVOS is a start-up that specialises in fleet energy management and AC charging for electric vehicles (EVs). The company initially raised $1.7m back in 2021 to help the company expand its team and commercialise its technology, now a couple of years on, they’re growing further with more funding to help launch and support their next product.
The investment will enable the company to begin to bring to market new technologies ideal for a number of EV charging use cases to address challenges for EV fleet operators and EV homeowners/renters, among many others.
This comes at a time where EV adoption in Australia continues to accelerate, with the latest sales figures released today, showing new car sales for June 2023 included 8.8% electric vehicles, up signifcantly from a couple of years ago.
EVOS was founded by CEO Marcelo Salgado, Chief Experience & Innovation Officer Seshan Weeratunga, and CTO Chris Crossman.
EVOS has announced that a new home charger will be launched in Brisbane on Wednesday July 19th. Like the Fleet Home 22 AC Charger, the product is designed to help EV owners simplify and reduce the cost of charging.
Solutions to address the needs of EV owners
Since the first round of funding, EVOS has added 22 employees to its manufacturing, sales and engineering departments, while launching its game-changing products.
The EVOS Fleet Home22 AC Charger was the first Australian-made home charger to be made available on the market. It was designed to help fleet businesses better manage costs and energy, while being easily installable and uninstalled and to simplify the charging experience for drivers.
Meanwhile, its Energy Management solution – the technology backbone of each of EVOS’ chargers – can instinctively choose the ideal idle time for the charger to charge the vehicle, whether its overnight in non-peak periods or during business hours, for instance.
It can also control charge rate, speed and power to ensure owners can manage their energy output, thus reducing the costs of charging at home as much as possible.
For more information, head to https://evos.energy/