TeraWatt Infrastructure
TeraWatt Infrastructure specializes in providing EV fleet charging solutions across the United States, operating a network of charging sites and developing new locations to support commercial EV transport.
Services
TeraWatt Infrastructure provides electric vehicle (EV) fleet charging solutions across the United States. The company offers a centralized technology platform for managing charging activities and a comprehensive maintenance program for charging sites. Additionally, TeraWatt Infrastructure ensures 24/7 access to its charging facilities, which are primarily shared among contracted fleets. Some locations also feature amenities like Drivers' Lounges, Wifi, and Food & Beverage services.
Network of Charging Sites
TeraWatt Infrastructure operates a network of charging sites designed specifically for commercial EV transport. These sites are distributed across various locations including San Leandro, Fontana, San Bernardino, Fort Lauderdale, San Francisco, Rancho Dominguez, Lordsburg, Vado, Tucson, Goodyear, Palm Springs, Blythe, Inglewood, Rialto, and Commerce. Currently, the company is developing 14 new charging sites across the U.S., with 4 expected to be operational by 2024.
Capital and Expansion
TeraWatt Infrastructure has raised over $1 billion in capital to expand its EV charging infrastructure. This substantial investment is aimed at developing new sites and enhancing existing ones to meet the growing demand for commercial EV transport solutions. The capital will also support advancements in their centralized technology platform and maintenance programs.
Environmental Impact
EV trucks using TeraWatt Infrastructure's services emit 63% less greenhouse gas compared to diesel trucks. This significant reduction contributes to a decrease in carbon footprint for commercial transport, aligning with sustainability goals and environmental regulations. The company's charging solutions play a crucial role in promoting eco-friendly commercial transportation across the U.S.