Fulgorex offers an energy‑as‑a‑service platform that replaces fixed on‑board batteries with modular packs swapped at autonomous stations in under five minutes, eliminating charging downtime for long‑haul electric trucks. Fleet operators subscribe to a usage‑based fee per kilowatt‑hour and per swap, reducing capital expenditure and total cost of ownership while receiving real‑time telemetry integrated with existing fleet‑management systems.
Funding
Funding not disclosed
Founders
Product
Problem
Long-haul electric truck operators face multi‑hour charging cycles that force idle time, while the high upfront cost of battery‑integrated trucks and sparse charging infrastructure limit route flexibility and increase total cost of ownership. These constraints create range anxiety and reduce fleet utilization compared with diesel‑powered equivalents.
Solution
Fulgorex delivers an energy‑as‑a‑service platform that replaces fixed‑on‑board batteries with modular, swappable energy packs. Autonomous swapping stations use robotic arms to exchange depleted packs for fully charged ones in under five minutes, eliminating downtime. An AI‑driven network continuously optimizes pack inventory, station placement, and local electricity pricing to keep service availability high and energy costs low. Fleet operators subscribe to the service, paying only for the energy and swaps they consume, which reduces capital expenditure and lowers total cost of ownership by 20 % or more. The system integrates with existing telematics and fleet‑management software, providing real‑time utilization metrics and predictive maintenance alerts.
Target Audience
Primary customers are long‑haul trucking fleets and logistics providers operating Class 7‑8 electric trucks that require high utilization and minimal downtime on interstate corridors.
Features
- Modular battery packs designed for rapid mechanical disengagement and asynchronous charging in a centralized depot
- Fully autonomous swapping stations equipped with vision‑guided robotic manipulators that complete a pack exchange in ≤ 5 minutes
- AI‑powered logistics engine that forecasts demand, balances inventory across the station network, and sources low‑cost renewable electricity locally
- Real‑time fleet dashboard API delivering swap status, energy consumption, and uptime KPIs to existing telematics platforms
- Continuous over‑the‑air firmware updates for packs, enabling performance upgrades without hardware replacement
- Built‑in safety interlocks and ISO‑26262 compliant control logic to meet automotive safety standards
- End‑to‑end encryption and role‑based access controls ensuring HIPAA‑level data security for operational telemetry