The startup develops renewable energy infrastructure technology that integrates electric vehicle (EV) fast charging stations within quick-serve restaurants (QSR), enabling customers to charge their EVs while dining. This platform facilitates the transition to sustainable energy by providing accessible charging solutions in high-traffic locations, enhancing customer convenience and supporting QSRs in adopting renewable energy practices.
Funding
$7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The growing number of electric vehicles (EVs) requires a significant expansion of charging infrastructure, but current deployment is lagging, particularly for fast-charging options. Quick-serve restaurants (QSRs) represent a high-traffic, convenient location for EV charging, but integrating charging stations can be complex and costly for restaurant operators.
Solution
ChargeNet Stations provides a comprehensive solution that integrates EV fast-charging stations with renewable energy resources at QSR locations. The company transforms QSR parking lots into profit centers by installing and managing EV charging infrastructure, reducing utility costs through solar energy and battery storage, and tapping into local incentives. Drivers benefit from convenient, fast charging while they dine, and QSRs gain a new revenue stream, lower operating expenses, and enhanced brand image. ChargeNet Stations' software platform facilitates simultaneous payment for food and EV charging, offering a seamless experience for both customers and restaurant operators.
Target Audience
The primary customers are quick-serve restaurant (QSR) franchisees and operators seeking to lower operating costs, generate new revenue streams, and attract EV-driving customers, as well as investors looking to capitalize on the growing EV charging market.
Features
- DC fast charging stations providing up to 100+ miles of range in 10 minutes
- Integration with solar carports and energy storage systems to reduce grid dependence and lower electricity costs
- Software platform enabling combined payment processing for food and EV charging
- Management of charging station installation, maintenance, and operation
- Access to tax credits and other incentives for renewable energy and EV infrastructure
- Mobile app for drivers to locate and access ChargeNet Stations
- Configurable EV charging solutions tailored to meet specific site size and layout requirements