ChargeNet has raised $ 6.2 million from local investors to expand its network of electric vehicle charging stations at fast food restaurants across California, Dot.LA reports. Aligned Climate Capital led the funding, and another investor included the Los Angeles Cleantech Incubator (LACI), which incubates startups focused on cleantech and climate solutions. It invested through its venture capital arm, the LACI Impact Fund. Another investor was Tech Coast Angels nonprofit and its San Diego chapter, San Diego Angels.
The funding will allow ChargeNet to deploy solar-powered electric vehicle charging stations in parking lots at fast food restaurants, starting with a Taco Bell in southern San Francisco this month. The Taco Bell charging station will have six charging ports. ChargeNet plans to add more locations in and around Los Angeles with its goal of expanding to more than 80 fast food restaurants by the end of 2022. ChargeNet CEO Tosh Dutt said point.LA:
“We plan to expand into Los Angeles, as well as surrounding counties, in 2022 and we are finalizing the details now. This is just the start for ChargeNet stations in and around Southern California, and today’s investment is fueling growth.
As an incentive to partner with ChargeNet, fast food restaurants will be able to use the additional energy stored in charging stations to power their own facilities and could also benefit from green energy incentives offered by local and state governments. .
Aligned Climate Capital’s COO, Brendan Bell, said: “Over five million people eat at Taco Bell restaurants across the country every day. ChargeNet brings fast charging to these drivers and clean energy to restaurants.
Dutt added that the chargers were designed for quick use and can give customers a 100-mile charge in 15 minutes for around $ 10, which is well below LA County gasoline prices, which according to AAA, are averaging about $ 4.68 per gallon.
It’s actually pretty awesome. I think any business that provides the electric vehicle charging service should partner with fast food restaurants, gas stations, and other businesses that see millions of customers. Tesla superchargers are strategically placed in malls and the company recently partnered with Buc-ees which is great, but the idea of going out to dinner and recharging quickly I think would be appealing to the person on the go. shift. .
Seeing EVs in common places like gas stations and fast food outlets also helps normalize them in a still somewhat timid society.
Image courtesy of ChargeNet.
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