Australian start-up EVOS which specialises in fleet energy management and AC charging for EVs has completed a seed funding round and secured $1.7 million from Autostrada and a premium ASX 100 listed company.
The investment will enable the company to commercialise its game-changing chargers and energy management software platform in Australia and export them.
It will also hire a further nine engineers for the company’s home and fleet chargers and its software platform.
The chargers will be commercialised and manufactured in Brisbane through Circuit Solutions, the manufacturing arm of Autostrada, its manufacturing fully solar powered.
They include the EVOS Fleet Home 22 AC Charger and the dual charge equivalent, the EVOS Twin, each designed to be simple to install and uninstall.
They can withstand outdoor weather conditions, are IP65 rated and updated over-the-air.
EVOS’ patent-pending Smart Start system provides a simple way of managing EV charging without using RFID tags, smartphone apps or fuel cards.
Designed with fleets in mind, Smart Start allows EVOS and its customers to collect data from the driver, car, charger and grid, thus providing a 360-degree view of the energy used in electric fleets. It can also automatically authenticate the vehicle, delivering benefits such as reducing cost by eliminating third party software, only allowing authorised cars to utilise the asset, allowing roaming on EV charging networks, allocating details of the energy used to a connected vehicle account for user invoicing, and it can be used as a payment system on other networks.
“We’re looking forward to using this investment to commercialise our products and deliver Australian businesses and the world an easy solution to their home and workplace charging needs,” EVOS chief executive and chief commercial officer Marcelo Salgado says.
“Australia has an exceptional engineering and manufacturing track record, and electric vehicles and charging offers the nation an opportunity to continue that tradition in a new sector.”
