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itselectric Recognized as Next Big Thing

itselectric Recognized as Next Big Thing

Brooklyn-based electric vehicle (EV) charging company, itselectric, has been recognized as a Winner for Sustainability in Fast Company’s prestigious Next Big Things in Tech list for 2023. This annual list showcases the most promising technological innovations that are expected to revolutionize various industries.

Why It Matters

itselectric’s achievement highlights the growing importance of sustainable technologies in addressing environmental challenges. The company’s unique approach to EV charging, which involves utilizing buildings’ existing electrical infrastructure, presents a significant advancement in urban EV charging solutions. This innovation is particularly crucial as cities worldwide seek to meet carbon reduction targets and adapt to a future dominated by electric vehicles.

Key Points

  • Innovative Charging Solution: itselectric’s system is the first of its kind, allowing EVs to charge using electricity from buildings. This method is cost-effective for cities and property owners, who can earn passive income by hosting these chargers.
  • Ease of Use and Maintenance: The chargers feature a detachable cord for every driver, ensuring universal compatibility and reducing maintenance needs.
  • Scalable and Sustainable: itselectric’s model avoids the need for extensive infrastructure upgrades, aiding cities in their transition to zero-emission vehicles. This scalability is crucial as the U.S. aims to increase its public EV charger count significantly by 2030.

Bottom Line

itselectric’s recognition by Fast Company is more than just an accolade; it’s an indication of the changing landscape in urban sustainability. As cities face the challenge of implementing efficient and affordable public EV charging solutions, itselectric’s model stands out as an innovative, scalable, and sustainable approach. This award not only celebrates the company’s current achievements but also underscores the potential impact of its technology in shaping a more sustainable future.

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