Photo - WATTO
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WATTO

Network of Ultra-Fast Charging stations across CEE

Romania
Market: Another
Stage of the project: Idea or something is already done

Date of last change: 06.09.2020
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Idea

Alongside the major European corridors, we build and operate an integrated Ultra-Fast Charging network for both personal electric cars and large commercial vehicles too.
We build strategically for the future having in mind the market requirements 10 years from now. We invest into the grid on each WATTO location to allow, simultaneously, ultra-fast charging sessions for multiple users, that will deliver 250km in range in less than 10 minutes.
WATTO is integrating high-powered charging with solar production and large storage batteries. Each location has coffee-shops and convenience stores

Current Status

Raising the second finance to build the intermediary/urban concept

Market

By 2030 EU expect up to 30 mill electric cars on the roads.

Problem or Opportunity

The lack of charging infrastructure

Solution (product or service)

WATTO will allow long-distance driving with any electric vehicle and will eliminate the range anxiety while accelerating the mass-adoption of electric vehicles

Competitors

There is no other competitor on the Ultra-Fast Charging within CEE.

Advantages or differentiators

WATTO is a solution-based company. We integrate products and services into the most innovative charging ecosystem on the market to date. Alongside the major European corridors, we build and operate an integrated Ultra-Fast Charging network for both personal electric cars and large commercial vehicles, just the same.

We build strategically for the future having in mind the market requirements 10 years from now. Anticipating the increasing number of electric vehicles, we invest into the grid on each WATTO location to allow, simultaneously, ultra-fast charging sessions for multiple users, that will deliver 250km in range in less than 10 minutes – the first solution of its kind in CEE.

WATTO is integrating high-powered charging equipment with solar production and large storage batteries. Once the energy demand will increase, WATTO will offer critical balancing services for the grid and will become an important stability factor for the entire energy system.

Each location has coffee-shops and convenience stores, carwash, and modern lounges; everything is concentrated on people and sustainability, daring simple to use while delivering a unique user-experience that will encourage the mass-adoption of electric vehicles.

Finance

Coffee-shop, retail, electric cars charging, car-wash

Money will be spent on

Securing the best locations and to build the urban concept.

Offer for investor

10% for 1mill

Team or Management

Won the competition and other awards

Startup of the year in Romania in 2020, in the biggest competition in CEE - POWERUP 2020

Photos

Photo 1 - Network of Ultra-Fast Charging stations across CEE
Photo 2 - Network of Ultra-Fast Charging stations across CEE
Photo 3 - Network of Ultra-Fast Charging stations across CEE
Photo 4 - Network of Ultra-Fast Charging stations across CEE
Photo 5 - Network of Ultra-Fast Charging stations across CEE
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video