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Based in San Diego, California, ChargeNet Stations develops and operates electric vehicle fast-charging infrastructure integrated directly into the parking lots of quick-serve restaurants. The company utilizes a hardware-agnostic software-as-a-service platform called ChargeOpt to optimize chargers, battery storage, and solar carports using renewable energy. Operating with a dedicated team of 35 employees, the enterprise targets underserved communities and retail locations, partnering with major franchisees like Golden Gate Bell to install units at Taco Bell restaurants. As of late 2022, the firm had successfully energized its first station in South San Francisco with five additional sites under construction, aiming for approximately 120 total installations across the franchisee's 155 Bay Area locations. Developed with early involvement from former NASA chief Dan Goldin and recognized by the Clinton Global Initiative Entrepreneurship Greenhouse program, ChargeNet Stations was founded in 2020 by Tosh Dutt.
ChargeNet has raised $6.0M across 1 funding round.
ChargeNet has raised $6.0M in total across 1 funding round.
ChargeNet has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in December 2021.
ChargeNet has raised $6.0M in total across 1 funding round.
ChargeNet's investors include LACI.
ChargeNet refers primarily to New Zealand's largest electric vehicle (EV) charging network, founded in 2015, which provides a comprehensive network of fast charging stations, turnkey solutions for businesses, and resources for EV drivers to support sustainable transportation.[2][3] It operates over 250 public charging sites and 430 individual points nationwide, with a focus on making charging simple, accessible, and reliable to drive EV adoption amid New Zealand's decarbonization efforts; in October 2024, Genesis Energy acquired a 65% stake for NZ$64 million to accelerate expansion, aiming to more than double the network by 2030.[2][3] The company solves the "chicken-and-egg" problem of limited public infrastructure hindering EV uptake, serving individual drivers, businesses, and fleets with clever billing software, app-based payments, and nationwide coverage for practical EV use on trips and daily drives.[3] Growth momentum includes surpassing early goals of 74 sites by 2019 to over 400 fast points, backed by a supportive customer base and recent majority acquisition enabling scaled investment.[2][3]
(Note: Other entities like Sri Lanka's chargeNET (IoT-powered EV charging subsidiary of CodeGen, with 80+ stations and 6,000 users)[1] or U.S.-based ChargeNet Stations (SaaS for QSR parking lot chargers, founded 2019)[6][7] share similar names but operate distinctly; this overview centers on the prominent NZ network matching "ChargeNet - ChargeNet is a technology company.")
ChargeNet was founded in 2015 in Auckland, New Zealand, by Steve West, who identified a critical gap: EV owners could only charge at home, campgrounds, or via makeshift cords, making EVs impractical for holidays or unexpected travel in a market with few vehicles and no public infrastructure.[3] West's vision addressed the "chicken-and-egg" dilemma—few chargers due to low EV adoption, and vice versa—by investing in a nationwide public network to make electric mobility viable and reduce transport emissions.[3] Early traction came from innovative software for user billing to recoup costs, hitting 74 sites by 2019 despite challenges, and expanding to over 400 fast chargers with strong customer support; this groundwork positioned it as NZ's market leader until Genesis Energy's 2024 majority acquisition infused capital for national scaling.[2][3]
ChargeNet stands out in the EV charging space through these key strengths:
ChargeNet rides the global EV infrastructure boom, capitalizing on New Zealand's push to decarbonize transport—a key emissions source—amid rising EV sales and government net-zero goals.[2][3] Timing is ideal: early-mover status since 2015 built a monopoly-like position before mass adoption, now amplified by 2024's Genesis deal amid surging demand for public fast chargers.[2] Favorable market forces include policy incentives, falling battery costs, and consumer shifts to EVs for holidays/long trips, where home charging falls short; it influences the ecosystem by boosting uptake (e.g., enabling practical ownership) and partnering with energy giants for integrated grids.[2][3] In a landscape of fragmented networks, ChargeNet exemplifies how software-driven models unlock scalability, paving the way for regional leaders in emerging markets.
ChargeNet is primed for hypergrowth, targeting a network more than double by 2030 via Genesis-backed investments in sites, fleet electrification, and energy management.[2] Trends like NZ's EV mandates, renewable grid expansion, and AI-optimized charging will shape its path, potentially integrating solar/batteries for cost efficiencies seen in peer models.[2][4] Its influence may evolve from pioneer to ecosystem orchestrator, guiding businesses and drivers in a fully electric mobility era—tying back to solving that 2015 charging void, now fueling a greener NZ transport revolution.[3]
