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HEVO Power
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Short description

Developer of wireless charging for electric vehicles

Founded in 2011
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector electric vehicle (ev) charging

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Brooklyn, NY Brooklyn, United States
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Updated by Maxwell Fine at HEVO Power on 06/25/2014

Edited by Cleantech Group on 05/14/2021

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Date Company
10/21/2013

New York University New York University

Hevo Power will start installing the stations in early 2014, to wirelessly charge Smart ForTwo EV’s that are used by New York University, US.

Confirmed by New York University

Partnerships
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Date Partner Type
04/09/2014
Smarter Grid Solutions Smarter Grid Solutions
The two companies have signed a Memorandum of Understanding (MoU) to collaborate on smart grid technology. The MoU also includes the delivery of joint propositions to customers, as well as cooperation on international sales and marketing.
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Confirmed by Smarter Grid Solutions
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IPO INFORMATION

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IPO status

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Exchange listed

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Description

Date Investors Type Amount
01/15/2016 New York State Energy Research and Development Authority New York State Energy Research and Development Authority (1)
Post-money valuation of
Grant $500,000
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Products
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Product image Name Product status Revenue model Cost metrics

HEVO One Vehicle Receiver

The receiver is up-fitted onto the vehicle to receive the charge from the power station.

Pilot/Early Revenue Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
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