HiON EV: Revolutionizing Electric Vehicle Charging
At HiON EV, our mission is to partner with businesses and property owners to create a growing network of secure, swift, and dependable commercial EV charging stations. We aim to ensure seamless and efficient charging solutions for all EV drivers, whether they are on extensive journeys or local commutes, by making electric vehicle charging consistently accessible and convenient.
HiON is passionately dedicated to offering EV charging solutions, with minimal capex, at prime locations across the U.S.
Our customers at HiON include individual EV drivers, property owners, fleet operators moving towards electric vehicles and managers of multifamily properties.
HiON solves the critical EV charging infrastructure gap by providing premium charging stations with zero upfront cost to property owners.
The lack of EV infrastructure inhibits adoption, risks climate goals and leaves billions by automakers invested in EV stranded.
"HiON offers premier EV charging stations at no initial cost to property owners, bridging the crucial infrastructure gap."
HiON's solution is built on Tesla's V4 Supercharger technology, providing industry-leading charging speeds, reliability, and user experience with 99.97% uptime performance.
HiON sets up zero-cost Tesla Superchargers at site, handles all operations and shares charging fee revenue with property partners.
For EV drivers: Speedy, reliable charging. For property owners: Zero-cost stations bringing traffic, revenue. For fleets: Reliable operations support.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
Leading strategy for HiON operations and capital raise. Ensuring quick deployment of 100 TESLA-HiON sites.
"Jim, CEO with 30+ yrs in energy; Bill, CFO enhancing value; Tony in operations and site dev; Ryan leading capital formation."
HiON competes with established charging networks including ChargePoint (42.8% of U.S. public charging ports), Tesla Supercharger network (58% of new DC fast chargers), Electrify America (VW subsidiary with high-power stations), EVgo (3,400+ fast-charging ports), and Blink Charging (4,100+ stations). Each offers different business models, charging speeds, and location strategies.
With our Tesla partnership, HiON presents low-cost turnkey solutions for businesses and hassle-free installation. Our offerings support rapid network growth, provide universal fast charging to all EVs, enhancing accessibility, thereby driving adoption.
HiON-Tesla profits from charging station services, maintenance contracts, and revenue shares with partners.
PitchBob’s recommendation: HiON strengthened its Tesla partnership in the last 6 months, improving our market credibility. With a focus on national chains and site installations, we're positioned for quick expansion to meet growing EV demand.
Once the $25M is utilized, HiON will have a wider charging network, key partnerships with major chains, an expanded site pipeline and a robust team for seamless operations. Poised to be a leader in the EV market, this strategy will spur revenue growth and boost market share.
HiON follows metrics like site acquisitions, station installations, and energy costs. The Tesla alliance spurred our pipeline growth in past months. We observe rising utilization rates as EV adoption increases and consumers show readiness to pay for services.
"HiON, powered by a Tesla partnership and expanding national chains relations, showcases robust financial growth. Its steady revenue rise is fueled by extending site acquisitions and swift charging station set-ups. Low-cost operations & scalable solutions pave its path for lasting expansion amid EV adoption surge."
Our company incorporated in
Delaware
Potential regulatory changes, technology advancements rendering current model obsolete, high competition in EV charging infrastructure, inability to scale as per demand or meet supply requirements.
$
2000000
We raised investments
founders 100%
$
25000000
Currently, we are raising investments
$
4000000
Estimated pre-investment valuation of the company
With Tesla as a partner, HiON leverages its deep industry knowledge and robust site host relationships to fuel our growth strategy in the EV charging market.