Logivolt provides a financing solution for the installation of electric vehicle charging infrastructure in multi-unit residential buildings, ensuring zero upfront costs for property owners and landlords. This service enables residents to access affordable charging options without financial burden, facilitating the transition to electric mobility in collective housing environments.
Funding
$73.8M 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
Installing electric vehicle (EV) charging infrastructure in multi-unit residential buildings and social housing often presents financial barriers for property owners and landlords. High upfront costs can deter investment, hindering residents' access to affordable charging options and slowing the transition to electric mobility in collective housing environments.
Solution
Logivolt offers a financing solution designed to eliminate upfront costs for installing EV charging infrastructure in multi-unit residential buildings and social housing. The company partners with expert operators to manage the project from start to finish, ensuring a simple implementation process. Residents gain access to charging at a moderate cost through a connection fee, while property owners benefit from a fully funded infrastructure without financial burden. Logivolt's approach facilitates the adoption of EV charging solutions by removing financial obstacles and enabling collective projects that benefit both property owners and residents. The infrastructure is designed to be scalable, allowing for future expansion and connection of additional charging points as demand grows.
Target Audience
Logivolt primarily targets property owners, landlords, social housing providers, and co-ownership associations looking to install EV charging infrastructure without incurring upfront capital expenditure.
Features
- Full financing of collective charging infrastructure, eliminating upfront costs for property owners.
- Partnerships with expert operators to manage project implementation from start to finish.
- Scalable infrastructure design, allowing for future expansion and connection of additional charging points.
- Moderate connection fee for residents who wish to equip their parking space with a charging point.
- Solutions adapted to the specific needs and constraints of social housing.
- Management of potential subsidies to further reduce costs.