Chargeunity brings public and private interests to the charging station

The Cologne-based start-up Chargeunity has taken the shortage of public charging stations as the basis for their business idea and now aims to bring private investors together with public sponsors. By sharing their privately financed charging station with the public, individuals are expected not only to recoup their investment but also to generate income in the long term. This way, both e-car drivers and municipalities benefit equally, the creators promote.

"There is a lack of public charging stations everywhere, and the installation of private wallboxes is often only possible to a limited extent. This hardly encourages the willingness to switch to e-mobility," according to the analysis of the young entrepreneurs.

The founders from Cologne, Carl Müller, and Niklas Seitenspinner, want to unite municipalities and private individuals in mutual interest with their solution: while municipalities release public parking spaces for the conversion, e-car drivers bear the costs for the installation of the station. What initially sounds complicated, from their perspective, turns out to be a profitable business idea. Depending on utilization, owners can expect up to 5,000 euros annually in charging revenues. At the same time, the startup takes care of everything else, from installation and billing of charging processes to maintenance of the charging station.

"For a change in the transport sector, it takes more than just enough sockets!” Niklas Seitenspinner, Co-Founder.