SparkCharge raises $30M to help fleets electrify without commitments

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Electrifying a fleet of vehicles is the chicken-and-egg problem for the 21st century. Where do you spend money first, on the vehicles or the charging infrastructure?

Believe it or not, that question isn’t always thought through. Joshua Aviv, founder and CEO of SparkCharge, has had fleets approach him and say, “Hey, the cars are here. They’re sitting on the lot. We’ve got no way to service them, no way to charge them. Can you guys help us out?” he told TechCrunch.

Some companies are a tad more prepared and give Aviv a week’s…



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SparkCharge raises $30M to help fleets electrify without commitments


Electrifying a fleet of vehicles is the chicken-and-egg problem for the 21st century. Where do you spend money first, on the vehicles or the charging infrastructure?

Believe it or not, that question isn’t always thought through. Joshua Aviv, founder and CEO of SparkCharge, has had fleets approach him and say, “Hey, the cars are here. They’re sitting on the lot. We’ve got no way to service them, no way to charge them. Can you guys help us out?” he told TechCrunch.

Some companies are a tad more prepared and give Aviv a week’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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