HEVO on Wefunder

View details of this raise on Seedstage

Brooklyn, NY

Developing wireless charging infrastructure for electric vehicles.

  • Partnership with Stellantis: Developing wireless charging products to integrate with Stellantis EVs.
  • Automaker Collaborations: Chosen as a reference design for multiple new EV platforms.
  • Strong Investor Backing: Supported by leading auto investors like Ulu Ventures and VoLo Earth Ventures.
  • Experienced Leadership: Team includes members with leadership experience at Tesla, Rivian, BMW, Ford, and GM.
  • Innovative Technology: Wireless charging system eliminates the need for cables and plugs, offering high efficiency.

HEVO is developing wireless charging infrastructure to support the growing electric vehicle (EV) market. The company aims to eliminate the need for traditional plug-in charging systems by offering a more convenient and efficient solution. HEVO’s technology includes vehicle-mounted receivers and grid-connected charging pads that transfer power wirelessly, achieving efficiency comparable to traditional systems. The company has secured partnerships with major automakers, including Stellantis, to integrate its wireless charging technology into multiple EV platforms.

HEVO’s wireless charging system is designed to be cost-competitive and highly efficient, with up to 93% grid-to-battery efficiency. The technology is also future-proof, supporting autonomous vehicle adoption with hands-free charging capabilities. Additionally, HEVO’s system is bi-directional, allowing vehicles to serve as home generators during outages or peak pricing. The company is advancing production programs with targeted revenues starting in 2028 and has a strong intellectual property portfolio with 17 issued patent families. HEVO’s leadership team brings extensive experience from leading automotive companies, positioning the company to become a key player in the EV infrastructure market.

Company Info

HEVO develops wireless charging technology for electric vehicles, aiming to simplify and enhance the EV charging experience.

HEVO is a company focused on developing wireless charging technology for electric vehicles. Their system eliminates the need for cables and plugs, offering a seamless charging experience that is as simple as parking a car. HEVO’s technology includes vehicle-mounted receivers and grid-connected charging pads, which work together to transfer power wirelessly with efficiency comparable to traditional plug-in systems. The company has secured partnerships with major automakers, aiming to integrate their wireless charging solutions into multiple vehicle platforms.

HEVO’s wireless charging technology is designed to be cost-competitive and highly efficient, with up to 93% grid-to-battery efficiency. The company is also preparing for the future of autonomous vehicles, where wireless charging will be essential. HEVO’s dual revenue approach combines hardware sales with recurring software revenue, offering a comprehensive solution for both current and future electric vehicle needs.

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