Electric Vehicle Infrastructure Sucks!
Finding a high quality charge station is impossible. All of the stations that would be available are out of line with consumers commute and require those charging to sit in there car with nothing to do. Furthermore, the number of stations needed to support future electric vehicle adoption is extremely behind. With costs of station projects rising these problems will only get worse if a company doesn't come to the rescue!
Wattz Co partners with commercial real estate properties to establish more convenient consumer access to EV charge stations outside of the home. This is a two-sided ecosystem and we have a value proposition to each party. In simple words, Wattz Co is making an EV station and the yield similar to a gas station and putting it on every commercial property that will have us. The consumer side is littered with independent or non-network stations that vary in charge speed, utility, and safety. The best case scenario is a time consuming experience for users. Wattz Co. provides that scenario by having stations in locations where users spend there time and can charge while occupied.
The United States EV charge station market size is currently $18.22 billion. It is expected to hit $115 billion by the end of 2028 expanding at a CAGR of 35% . These figures reflect the growth in EV adoption leading to 2030. By 2030 there will be nearly 20 million EVs on the road and one in three car sales will be electric vehicles. However, the US is behind on the amount of projected stations needed to sustain those statistics. It is estimated that at minimum there must be another 165,000 stations.