5 years ago

Elmtronics Secures £1.5 Million to Expand Electric Vehicle Charging Network

  • Elmtronics, a UK-based electric vehicle charging company, has secured £1.5 million in funding from North East Venture Fund (NEVF) and Ingenious Infrastructure Ventures EIS Service

  • The funding will be used to enhance the company's software and create 19 new jobs across the UK, nearly doubling their workforce

  • Elmtronics, founded by Dan Martin and Anthony Piggott, provides charging stations for homes, businesses, and public areas, with clients including Nike, NHS, National Grid, FedEx, and Taylor Wimpey.

      • ProblemTechnology

      "The UK is facing a major challenge in rolling out electric vehicle charging infrastructure, as the transition to electric vehicles accelerates. The current infrastructure is insufficient to meet the needs of a growing number of electric car owners, leading to long wait times for charging and hindering the widespread adoption of electric vehicles. "

      Solution

      "Elmtronics is addressing this challenge by providing a comprehensive solution for electric vehicle charging, including the supply and installation of charging stations for homes, businesses, and public spaces. Their proprietary software platform, Hubsta, allows for seamless management and payment for charging, enabling customers to monitor their electricity consumption and control their accounts. By providing a user-friendly and efficient charging experience, Elmtronics is making it easier for people to transition to electric vehicles and supporting the UK's clean energy goals."

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