Voltempo: Accelerating the next generation of rapid EV chargers
Voltempo is developing the next generation of rapid chargers for electric vehicles (EVs). Its EV hub charging technology is quick to install and can charge a battery from flat to full in as little as six minutes, making it the world’s fastest charging capability.
The technology is suitable for both large and small vehicle fleets – including for buses, HGVs and taxis – and also for large-scale public charging infrastructure.
Our Energy Launchpad provided expertise in Business Model Innovation to Voltempo to support it on its commercialisation journey and to help boost growth.
Voltempo in one of several SMEs we’re supporting through the Climate Innovation Platform (CIP) Low Carbon Energy Solutions Innovator Challenge, a collaborative programme backed by HSBC UK and the European Regional Development Fund (ERDF) and delivered with University of Birmingham.
Video: Voltempo next gen rapid chargers - Electric vehicle batteries from flat to full in 6 Minutes
Voltempo’s innovative EV hub charging technology not only charges at some of the world’s fastest speeds – it’s also able to support a range of charging requirements from just one unit, meaning up to 24 vehicles can share power from a single charger.
The modular central charging hub concept means it’s easier to install and upgrade than other chargers. The entire system is delivered complete to a site for installation in a matter of days, and new power modules and technologies can be plugged in to keep pace with new developments and standards.
A unique smart power management system also ensures Voltempo’s technology is sympathetic to the grid, reducing peak power consumption with minimal impact on charge times.
As the number of EVs on roads around the world increases, demand for fast charging services is going to rise substantially – particularly as EV battery technology becomes increasingly capable of receiving an ultra-rapid charge.
Getting the appropriate type and scale of infrastructure in place today is critical to meet the requirements of EV users over the coming decades, whether that’s motorists needing a quick top-up to local authorities managing a fleet of electric buses. Integrating this charging infrastructure with energy systems in a way that supports decarbonisation progress and ensures resilience remains a key challenge.
Voltempo needed support to help them commercialise its offering, target the right market and prepare for investment to scale.
Energy Systems Catapult is home to the Energy Launchpad that draws on Catapult capabilities and assets, along with those of our partners. The Energy Launchpad provides innovators with tailored incubation and acceleration support to selected SMEs to help address systemic barriers, de-risk innovation, help businesses scale and secure investment.
Energy Launchpad’s Accelerator programme provides scale-up support for selected high-impact potential SMEs. Support includes those areas outlined in incubation but in more depth, as well as help to access demonstration environments such as our Living Lab, engagement with potential corporate clients and investors, and links to international opportunities.
Energy Launchpad provided Voltempo with a tailored package, including:
Business Model Innovation: Providing support through series of workshops to help accelerate the company’s commercialisation journey. The workshops helped Voltempo understand its target market, implement business modelling techniques and explore routes to market partnerships within the value chain.
Investor Readiness: Advising and supporting Voltempo to prepare an investor pack, identify target investors and and developing the pitch to help it secure additional funding.
Turning clean energy innovators into entrepreneurs. Propelling SMEs step-by-step through technical validation towards commercial vindication.