Company profile: Plugless Power
1.1 - Company Overview
Company description
- Provider of Plugless Power hands-free wireless EV charging solutions manufactured by Evatran, the first EV charging systems offering a simple way to charge using hands-free technology. Offerings include inductive Wireless EV Charging Stations, vehicle upgrade and installation, fleet and mass transit wireless charging enabling autonomous charging without an attendant, and warehouse and industrial drone charging for dynamic, cord-free energy transfer.
Products and services
- Wireless EV Charging Station: Inductive, hands-free system engineered to wirelessly transfer energy to EVs, eliminating plug-in cables, delivering simple charging via Plugless Power assemblies manufactured by Evatran
- Fleet and Mass Transit Wireless Charging: Autonomous wireless systems architected for fleet vehicles, mass transit, and personal transport enable unattended charging operations, eliminating attendant needs through hands-free energy transfer
- Vehicle Upgrade and Installation: Technician-completed on-vehicle upgrade service supplying all hardware and labor to enable wireless charging, typically completed in about 2 hours by a trained technician.
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Plugless Power
Arcimoto
HQ: United States
Website
- Description: Provider of electric vehicles, designing and manufacturing the SRK ultra-efficient three-wheeled EV for everyday driving and all-electric FUV, Deliverator, and Rapid Responder, helping catalyze the shift to a sustainable transportation system.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Electric Vehicles International
HQ: United States
Website
- Description: Provider of alternative energy and battery electric vehicles, featuring the valence lithium phosphate battery system for extended usage cycles and increased lifespan; also operates a website to teach people about electric modes of transportation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Electric Vehicles International company profile →
Matra
HQ: France
Website
- Description: Provider of manufacturing and commercial assets for a light electric vehicles business, covering electric bikes and electric scooters, and including spare parts and accessories.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Scoot
HQ: United States
Website
- Description: Provider of shared, electric mobility-as-a-service vehicles, offering electric mopeds, cars, bicycles, and scooters in San Francisco, Barcelona, and Santiago, delivered via a smartphone app that pioneered electric vehicle rentals in 2012.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Scoot company profile →
Club Car
HQ: United States
Website
- Description: Provider of gas and electric golf, utility, and personal transportation vehicles. Portfolio includes Carryall utility vehicles (700, 550, 502, 1500) for hauling, turf management, tough terrain and all-wheel drive, available in gas or electric, with lithium-ion on 502 and diesel on 1500; Onward neighborhood personal vehicles (gas or electric); and Tempo electric golf carts with lithium-ion batteries.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Club Car company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Plugless Power
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Plugless Power
2.2 - Growth funds investing in similar companies to Plugless Power
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4 - Top valuation comps for Plugless Power
4.2 - Public trading comparable groups for Plugless Power
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