UGO

UGO, also known as 优电 (Youdian), is a Chinese company that provides shared commercial charging stations for new energy and electric vehicles. The company offers both AC and DC charging piles, with power options ranging from 60kW to 120kW, often featuring dual guns to service multiple vehicles. UGO's business model appears to be focused on providing these charging stations for commercial and shared use, as seen on platforms like Taobao where their products are listed as being for "commercial shared charging stations".

Founded in 2010 and headquartered in Shanghai, the company initially developed digital management systems for electric trolleys in airports. It has since transitioned its focus to the broader electric vehicle charging market, which is experiencing significant growth and government support in China. The country has a national policy to promote EV charging networks, which has led to the installation of millions of public and private charging points. UGO has raised a total of $3.14M in funding from investors including Bestone Funds, LeaIPO, and Zerun Fund.

The company operates within China's expansive EV infrastructure, which is the largest in the world. While major players and state-owned companies dominate the market, UGO positions itself as a supplier of the physical charging hardware for commercial operators. Keywords: electric vehicle charging, EV charging stations, commercial EV chargers, shared charging solutions, China EV market, AC/DC charging piles, new energy vehicles, dual-gun chargers, charging infrastructure, Youdian, 优电, Shanghai technology, smart charging, public charging, EVSE