Terawatt infrastructure
Operates an electric vehicle charging infrastructure for medium and heavy-duty transport and fleets.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | $100m | Seed | |
* | $1.0b | Series A | |
* | $63.8m | Grant | |
| Total Funding | $1.2b | ||
Related Content
TeraWatt Infrastructure is a startup that provides comprehensive electric vehicle (EV) charging solutions for various types of fleets, including light, medium, and heavy-duty vehicles. The company operates in the growing EV charging market, serving clients such as commercial fleet operators, service vehicles, telecom companies, and rental and subscription services.
TeraWatt's business model revolves around deploying over $1 billion in capital to acquire, build, operate, and maintain charging centers. These centers are strategically located near warehouses, distribution centers, major freeways, downtown areas, and airports to cater to the charging needs of different types of fleets. The company's charging solutions are designed to cater to local and regional haul fleets that need to charge between shifts or overnight, long haul fleets that need an en-route top-up, and light-duty vehicle charging in urban areas or near airports.
The company makes money by providing best-in-class hardware, software, and maintenance services for EV charging. By offering a reliable and fast charging experience, TeraWatt aims to enable its clients to focus on their core business operations while it takes care of their EV charging needs.
Keywords: Electric Vehicle Charging, Fleet Charging Solutions, Charging Centers, Light-Duty Vehicles, Medium-Duty Vehicles, Heavy-Duty Vehicles, Hardware, Software, Maintenance Services, Commercial Fleet Electrification.