However, a recent study found that concerns about the accessibility of nearby charging stations deter more people from buying electric vehicles.
This reluctance is frequently caused by “range anxiety,” the uneasy feeling that prospective buyers or current EV owners experience when they are concerned about having sufficient battery power to reach their destination.
SparkCharge is on a journey to change the way the world charges electric vehicles. Their charging-as-a-Service (CaaS) network, along with their mobile app Currently, enables EV owners to charge whenever and wherever they want.
“We are super excited to bring mobile charging and charging as a service (CaaS) to the next level.” shared Josh Aviv, SparkCharge CEO, and founder. “It’s exactly what is needed right now for America to catch up with electrification of transportation. Mobile charging is a necessity to accelerate the adoption of electric vehicles. Being able to have your EV charged whenever and wherever you’d like takes away the time wasted at chargers and eliminates the worry of finding a charger that isn’t out of order. We’ve focused solely on making charging as easy as possible from building the portable charging hardware to mobilize charging, and the software to make it easy to access.”
With the click of a button, SparkCharge subscribers in 121 U.S. cities can arrange a charging appointment.
If you don’t want to subscribe monthly, you can still pay for a single one-time charge that will be delivered within 90 minutes, according to the business.
In both cases, a technician delivers mobile Roadie charging stations to your car, which may be parked anywhere—at home, at work, or just about anywhere else.
SparkCharge raised approximately $30 million from investors including Mark Cuban, Tale Venture Partners, and rapper, Pusha-T. Aviv pitched SparkCharge on ABC’s “Shark Tank” in 2020, where Cuban and Lori Greiner invested $1 million for a 10% equity stake in the company.
Aviv told CNBC that the investments currently value SparkCharge at approximately $110 million. He added that the company has already established partnerships with major brands such as Kia Motors, Hertz, and Uber, and is on track to generate $10 million in revenue in 2022.