This Mark Cuban-backed $110 million startup wants to make charging EVs like ordering takeout. (via CNBCMakeIt)
But range anxiety and concerns about local charging station availability are still the top two factors keeping more people from jumping on the EV bandwagon, according to aAviv's idea has generated plenty of support. SparkCharge has raised roughly $30 million from investors like Mark Cuban, Tale Venture Partners and rapper Pusha-T. In 2020, AvivSparkCharge on ABC's "Shark Tank," where Cuban and Lori Greiner teamed up to commit $1 million for a 10% equity stake in the company.
The Roadie units can deliver up to 100 miles of added driving range in under two hours, charging at a rate of about one mile per minute, Aviv says. The service can only charge your car to 80% capacity, so SparkCharge is banking on the convenience being worth the trade-off. , his professor announced to the room: 'If you want to solve a huge problem for the world, solve the problem of infrastructure for electric vehicles,'" Aviv recalls."I was the only person to show up and meet with him," Aviv says.
The company spent the next few years perfecting designs for the Roadie, beginning deliveries in mid-2021. This year, it says it's on track to deliver more than 1 million miles worth of battery power to customers.
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