As commercial fleets expand electric vehicle (EV) deployments, many sites face delays tied to permitting, utility upgrades and grid capacity.
To reduce such challenges, L-Charge announced a $10 million funding round led by Ultra Capital, with co-investment from founder Dmitry Lashin, to scale its off-grid EV charging deployments across the United States and support growth in rideshare, last-mile delivery, and other fleet segments.
L-Charge’s approach uses modular off-grid chargers intended to provide fast charging at locations where grid connections are limited or slow to deliver. The company offers Charging-as-a-Service and Power-as-a-Service models that can reduce the need for upfront infrastructure spend and support deployment timelines measured in weeks rather than months.
The funding will be used to expand installation coverage, add product categories within its off-grid charger lineup, and grow sales, operations and customer support teams to support increasing project volume.
Filed Under: Charging, Technology News