GET A PIECE OF AEV CHARGING
Reliable and Efficient EV Charging Solutions
$428,509.90 Raised
REASONS TO INVEST
NOVEL TECHNOLOGY: Our highly effective R&D and manufacturing processes bring innovation and efficiency in hardware and software solutions for EV charging, creating agile, easy-to-use, and cost-saving technology.
EXTENSIVE EXPERIENCE: Our team has seven years of experience developing state-of-the-art patented solutions for EV charging networks, which could give us the potential to be leaders in a market growing at a CAGR of 60% for the last three years.
HUGE INDUSTRY POTENTIAL: The Biden administration has proposed investing $174 billion in expanding and improving the U.S. EV infrastructure. We also recently earned a grant from the European Bank for Reconstruction and Development, giving us strong footholds in both U.S. and European markets.*
the pitch
AEV Charging creates advanced electric vehicle charging stations and innovative software solutions, improving efficiency and user experience. The company is led by a highly experienced team of engineers with years of expertise in EV charging and connections to both U.S. and European markets. With patented, AI-powered technology for faster charging and a uniquely efficient R&D process, we are ready to build a greener future with EV transportation.
Overview
Bringing Reliable EV Charging Solutions to a Fast-Growing Market
*The above graphic contains images of our prototype which is currently not available for general use.
As electric vehicles shape the future of ground transportation, EV charging technology is evolving alongside.
We have developed patented technology that drastically improves the efficiency of the charging process using AI (Artificial Intelligence) to reduce handshake problems. The production of stations is fast and optimized, due to being an in-house manufacturer. Moreover, we have developed an advanced app to help EV drivers and charging station owners plan for and manage their charging needs.
Our aim is to bring this innovation into the entire market of EV Charging. For this reason, we offer a wide range of products to reach multiple groups of customers. AEV Charging works with private consumers and business that are willing to install our products. Additionally, we offer white labeling and software sales.
The Problem & Our solution
The Industry Needs an Efficient,
Cost-Effective Solution to Catch Up With the Demand
Right now, the EV charging station industry struggles with elongated, largely ineffective charging due to handshake and other errors. Long R&D cycles lead to slow innovation and cannot satisfy consumers’ growing demand. Additionally, the number of charging stations remains insufficient to afford even moderate convenience to current and prospective EV drivers. At the same time, the increasing number of EV owners lack a comprehensive software solution to help navigate them to charging stations across the country.
We know the products present on the market can and should be improved. As electric vehicles become the future of transportation and the future of our planet, their owners deserve the best charging solutions current technology can provide.
Increasing Efficiency with AEV Charging
Our team of software and hardware engineers combined years of experience in the industry to develop a disruptive technology that takes EV charging to the next level. Our printed wiring boards (PWBs) use artificial intelligence to nearly eliminate power losses during the charging handshake. While the average charging loss from existing stations comes to 5-25%, we were able to reduce it to <1%. While we use PWBs for our own products, we also plan to sell them to other companies via B2B sales to maximize revenue and bring innovation to the wider range of EV owners.
Meanwhile, our streamlined R&D and manufacturing processes facilitate faster, cheaper innovation than the competition. Our company offers full-cycle product development, which has numerous benefits. To begin with, AEV Charging is able to complete orders in a shorter time frame thanks to being an in-house supplier of the finished product. The average time of product delivery is less than 2 months, with our production capacity of 30K charging stations per month.
AEV Charging products are 40% cheaper than our competitors and significantly reduce energy waste, setting new standards for efficiency in the EV market.
*The above graphic contains images of our prototype which is currently not available for general use.
Another huge benefit that we offer to customers is advanced software that delivers a fully integrated account management solution. Our user-friendly app collects information to improve customers’ control of the charging network and allows the implementation of changes on the go. We also incorporated remote diagnostics and offer power-saving and load-balancing scenarios for different charging groups.
the market & Our Traction
Proprietary Technology Driving the Future of Transportation
The U.S. EV market has grown at a yearly rate of 60% for the last three years (Source). President Biden's infrastructure plan is set to invest $174 billion in EV infrastructure for main highways (Source). China’s EV market experienced 150% growth this year alone (Source). Norway was the first country in Europe to set a legislated end date for new ICE passenger vehicle sales by 2025 (Source). This data combined illustrates the huge potential of the market through the increasing need for green solutions.
Our R&D team has already completed the development of our commercial station models and successfully integrating AI into our software. Our company has received approval for 4 provisional patents, and we recently won a grant from the European Bank for Reconstruction and Development. Under the new Inflation Reduction Act (IRA), we qualify to participate in projects funded by the U.S. government. All this makes AEV Charging a strong player in multiple markets around the world.
*The above graphic contains images of our prototype which is currently not available for general use.
*The above testimonials may not be representative of the experience of other investors and is not a guarantee of future performance or success.
*The above testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
On December 16, 2022, AEV Charging won the Climate Innovation Award from the EBRD and the European Union.
Why Invest
An Early Market Opportunity Driven by an Outstanding Team
As we expand, we envision operating our own charging network by co-investing into the real-estate side of charging infrastructure and building new unique charging experiences, such as charging hubs with retail components. With patented, highly efficient technology in both hardware and software and highly experienced leadership, we are aligned with the promising future of the fast-growing charging industry. Join us as we build a greener future with the next generation of charging stations!
ABOUT
HEADQUARTERS
2417 N Lincoln St
Burbank, CA 91504
WEBSITE
View Site
Highly efficient and award-winning electric vehicle charging stations and compatible software solutions. Fully developed and patented commercial products. AEV Charging, Inc. is in the pre-revenue stage of development.
TEAM
Eugene Arutyunyan
CEO
Siranush Karoi
Chief Marketing Officer, Board Member
Avetik Bidzian
CTO, Board Member
TERMS
AEV Charging
Overview
PRICE PER SHARE
$1
DEADLINE
Nov 1, 2023
VALUATION
$10M
FUNDING GOAL
$15k - $1.24M
Breakdown
MIN INVESTMENT
$250
MAX INVESTMENT
$1,235,000
MIN NUMBER OF SHARES OFFERED
15,000
MAX NUMBER OF SHARES OFFERED
1,235,000
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives & Bonuses*
Amount-based
$350+:
● 5% bonus shares.
● 5% OFF EV car charging stations purchase.
● Free: 500 kWh
$1,000+:
● 10% bonus shares.
● 10% OFF EV car charging stations purchase.
● Free: 1,000 kWh
$2,500+:
● 15% bonus shares.
● 15% OFF EV car charging stations purchase.
● Free: 3,000 kWh
$5,000+:
● 20% bonus shares.
● 20% OFF EV car charging stations purchase.
● Gold Membership: priority charging.
● Free: 10,000 kWh
$10,000+:
● 30% bonus shares.
● 30% OFF EV car charging stations purchase.
● Platinum Membership: priority charging.
● Free: 20,000 kWh
Time-Based:
Friends and Family Early Birds:
Invest within the first 48 hours and receive 20% bonus shares
Super Early Bird Bonus:
Invest within the first week 15% bonus shares
Early Bird Bonus:
Invest within the first two weeks and receive an 10% bonus shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
AEV Charging, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Loyalty Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$250
Earn 10% Bonus Shares
Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.
$250
Early Bird Bonus:
Invest within the first two weeks and receive an 10% bonus shares
$300
Tier 1
● 5% bonus shares. ● 5% OFF EV car charging stations purchase. ● Free: 500 kWh
$1,000
Tier 2
● 10% bonus shares. ● 10% OFF EV car charging stations purchase. ● Free: 1,000 kWh
$2,500
Tier 3
● 15% bonus shares. ● 15% OFF EV car charging stations purchase. ● Free: 3,000 kWh
$5,000
Tier 4
● 20% bonus shares. ● 20% OFF EV car charging stations purchase. ● Gold Membership: priority charging. ● Free: 10,000 kWh
$10,000
Tier 5
● 30% bonus shares. ● 30% OFF EV car charging stations purchase. ● Platinum Membership: priority charging. ● Free: 20,000 kWh
JOIN THE DISCUSSION
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Richard Koch
13 days ago
The Departmentvof Energy (DOE) sent the Secretary of Energy on an EV trip from Charlotte to Memphis to show the American people the virtues of 'lectric livin' (my words) The demo was pretty much of an epic fail. There were few charging stations to be found. When her staff found one, they reportedly parked their gas powered vehicle in the spot and waited for her to show up. (Just long enough for the cops to be called because a family wanted to use the commandeered station - allegedly) Could it be that there were lessons learned that Uncle Sugar needs to dump some serious funding into building out a charging infrastructure? Given that government regulators have already affected the big 3 automakers, and EV startups spring up occasionally, do you have any plans to get the marketeers in front of the decision makers with the fat wallets supervising the build-out plan? Is there a plan? We need a source selection decision!
Could DoE drop a sole source contract on you at this point? Could you field install teams to perfom against a government schedule?
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Mark Wilbur
2 months ago
Where are you deriving your 10M valuation from ? Pre-orders ? You have filed four provisional patents, where ? USPTO ? What are the #'s . What IP do they cover. With Musk & GM , Ford and major players teaming up on EV charging stations, how do you intend to GTM in the US ? What is the est COGS for each EV charging station unit ? Can you license your tech improvements ? What year do you expect to be profitable ? Where do you see an exit ? Or is this an IPO> .
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James Keziah
2 months ago
how much does one of these cost
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John Webster
3 months ago
hello. i am wondering as i looked at your financials you have a huge loss, i can't see why you have zero for debt etc. did you bootstrap things to get to where it is now. i saw you are in the prototype stage which explains why you have no revenue. do you at least have any pre orders, request for charging stations etc. have you figured out a cost for the charging stations or still working on that. i see what makes you different than others which is good. that should draw interest from people you have any soft orders etc. thanks for your time. if i am overlooking any of this sorry about that
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Felix Vayssieres
7 months ago
Hello, a couple questions:
1) Can you explain a little more how your technology works? The charging handshake is how the car and charger tell each other they are connected and can start charging? How does the handshake effect the amount of energy lost while charging? What makes the handshake inefficient which you are fixing?
2) Can you please explain what makes your R&D process quicker and more efficient than your competitors?
3) I'm a little confused at what stage you currently are at. Your EV charger is in the prototype phase and your software is currently being sold in Europe? Is the customer review video of someone using the software or someone testing the prototype? Also in the article "AEV Charging Moves to Austria as a Result of the Russia-Ukraine War" it says you had a network of over 5,000 charging stations in Ukraine before the war. Can you please clarify?
Thanks
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Steve Larsen
7 months ago
Hello, Living in Alaska poses interesting internet connectivity issues for some of us. Can your devices be used standalone with no or limited internet connectivity? If not, are there discussions for using your devices in remote locations as standalone chargers with limited internet access to them?
Cheers Steve
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Eugene Arutyunyan
AEV Charging
•
7 months ago
We are at the prototype stage of a new generation of chargers of all types. We apply all the experience of our team and industrial design partners to develop optimal production plans and we incorporate such production plans into expansion strategy and growth goals.
Regarding 10K charging sessions, we can confidently say that our software is actively used in different countries in Europe. We are currently in process of rolling out the latest version of our operating software, where we will transfer all our active clients and partners. This will become a single system - which will include our and partner networks. This information will soon be public and reflect live charging sessions in real time live!
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Joseph Marino
7 months ago
I read your pitch on start engine and am a little confused. You state in numerous places that you are in the prototype stage for your proposed products. If I am reading this correctly, how can you possibly know at this time that you can manufacture 30K units/month? Also, if you haven't begun to install your units in the field, how can you achieve
10K charging sessions/week? Are these numbers real or are they merely projections?
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John Webster
7 months ago
You have something huge here! I am a share holder in couple of ev vehicle companies. I saw the benefits of ev for businesses etc under Biden's IRA. I had to look it up since so much. Wow! All I have to say. We only get a gist when president's speak ,since many can't stand Biden they won't look up stuff anyway lol tSomething he made better increased amounts.
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Holly Myers
10 days ago
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