EVAR

EVAR

Providing innovative ev charging products and services.

HQ location
Seongnam-si, South Korea
Website
Launch date
Employees
Enterprise value
$74—111m
Company register number
2958801148
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EVAR, a company focused on the electric vehicle (EV) charging market, develops and manufactures charging solutions. Its product line includes autonomous charging robots and mobile EV chargers, such as the EVAR Auto and EVAR Cart, designed to provide a more convenient and accessible charging experience for EV drivers.

The company aims to address challenges in the EV charging infrastructure by offering solutions that can be deployed in various environments, potentially reducing the need for extensive fixed charging station installations. EVAR's business model appears to be centered on the sale of its charging hardware to businesses, property managers, and other organizations that want to provide EV charging services to their customers or residents. The company operates in the growing market for electric vehicle support equipment, targeting a client base that includes commercial and residential property owners, fleet operators, and municipalities.

EVAR has secured funding to support its research and development efforts and expand its market reach. The company's approach to EV charging suggests a focus on flexibility and automation to improve the user experience and support the broader adoption of electric vehicles.

Keywords: electric vehicle charging, autonomous robots, mobile chargers, EV infrastructure, charging solutions, automotive technology, sustainable transport, energy systems, hardware manufacturing, cleantech

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