TEQ Charging provides a cloud-based power management platform that enhances standard EV chargers with smart functionality, allowing for efficient power queuing based on vehicle departure times. This technology increases the daily charging capacity by 4-6 times without the need for costly infrastructure upgrades, transforming charging stations from cost centers into revenue-generating assets.
Funding
$360K 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.
CODRFounders
Product
Problem
Existing EV charging infrastructure often lacks the intelligence to efficiently manage power distribution, leading to underutilization of charging stations and increased costs for both operators and users. Without smart queuing and load balancing, charging capacity is limited, and stations can become bottlenecks, especially during peak demand.
Solution
TEQ Charging offers a cloud-based power management platform that adds smart functionality to existing EV chargers, optimizing power allocation based on vehicle departure times and energy demand. The platform enables dynamic power queuing, maximizing the number of vehicles that can be charged daily without requiring expensive infrastructure upgrades. By intelligently managing charging schedules, TEQ Charging transforms EV charging stations into efficient, revenue-generating assets. The system analyzes real-time data to prioritize charging based on user needs and grid conditions, ensuring optimal power usage and reduced energy costs.
Target Audience
The primary target audience includes EV charging station operators, commercial property owners, fleet managers, and municipalities looking to optimize their charging infrastructure and reduce energy costs.
Features
- Cloud-based platform for remote monitoring and control of EV chargers
- Dynamic power queuing algorithm that optimizes charging schedules based on departure times
- Load balancing capabilities to distribute power efficiently across multiple chargers
- Real-time data analytics to track energy consumption and charging patterns
- Integration with existing charging infrastructure and management systems
- Customizable charging profiles to meet the specific needs of different users and vehicles
- Remote diagnostics and troubleshooting to minimize downtime