HEVO

Have you bought an electric vehicle (EV) yet? If not, how come?

For many, the reason is the sector’s charging infrastructure — or lack thereof. Charging stations are still few and far between. And plug-in charging as a whole is merely a stopgap solution.

That’s why HEVO has created an alternative solution. This company is making EV charging as simple as parking your car.

It’s created a patented wireless-charging system for EVs that eliminates the need for cables and plugs. Its system includes vehicle-mounted receivers and grid-connected charging pads that work together to transfer power wirelessly with efficiency comparable to traditional plug-in charging.

Already selected by major global automakers for integration into multiple vehicles, HEVO’s technology is certified to meet both UL safety standards and SAE interoperability standards, ensuring universal compatibility across vehicle brands.

Plug-in charging is plagued by problems. There are different charging configurations which can leave drivers unsure of what system to use. And finding charging stations on the road isn’t easy. They’re scattered, incompatible with their specific car, or are often broken or damaged.

Plug-in charging stations are also exposed to the elements. And many times, they’re subject to vandalism or theft. These problems are why HEVO created its wireless charging system.

HEVO’s system is cost-competitive. It costs about the same as plug-in charging and is up to ninety-percent cheaper than wireless-charging competitors. It’s also efficient — it features up to ninety-three-percent grid-to-battery efficiency, matching plug-in systems. And it’s all offered with cables, plugs, or manual connections.

Notably, HEVO’s system is applicable for autonomous vehicles, too, offering hands-free wireless charging. It can even be used as a home generator during power outages.

HEVO has been issued seventeen patents. And its system received best-in-class certifications. It also won the PACEpilot award in 2022, the industry’s most prestigious innovation award.

HEVO has partnered with Stellantis to develop wireless-charging products that integrate with this company’s EVs. And it’s raised more than thirteen million dollars to-date.

HEVO is backed by auto-focused investors Ulu Ventures, VoLo Earth Ventures, and the Dream Fund. And its team boasts multiple exits in the EV space, as well as leadership experience at Rivian, Tesla, BMW, Ford, and General Motors.

Team Background

Jeremy McCool - Founder & CEO

Jeremy has always been interested in the energy sector.

After earning a Bachelor’s degree from the University of Central Oklahoma, he joined the military. He spent six years as a Captain in the U.S. Army.

While deployed to Iraq, he helped set up a power-generation facility in a Baghdad neighborhood. Following that, he made a personal pledge to reduce global dependence on foreign and fossil fuels.

He then entered Columbia University’s School of International and Public Affairs, and completed his Master’s degree in Urban Policy with a focus on sustainable development.

McCool also spent three years as an adjunct professor at NYU, teaching strategic decision-making, resource management, and entrepreneurship.

Umer Anwer - Chief Technology Officer

Umer has an extensive engineering background.

Prior to joining HEVO in December 2015, he was Head of Engineering at SWS Warning Systems, a company making warning lights for commercial fleets. Before that, he was Chief Design Engineer with Clarus Innovations, a startup providing solutions to the electronics-engineering and manufacturing sectors.

Earlier, Umer was Chief Systems Architect with Nuovo Systems, a product-design and engineering business focused on the water and wastewater sectors. Before that, he was an assistant professor at the University of Engineering and Technology Peshawar in Pakistan. He taught courses in embedded-systems design, digital-signal processing, and analog electronics.

Umer started his career in research. He was a science-technology consultant in Pakistan and spent time with North West Research, an engineering company focused on electronics and manufacturing. He also founded Satech Communications, a Pakistan-based satellite equipment manufacturer.

In addition to his role with HEVO, Umer is Vice President of Systems Engineering with Urban Electric Power, a semiconductor manufacturing business.

He holds a Bachelor’s degree in Physics and a Master’s degree in Electronics from the University of Peshawar and a Master’s degree in Software Engineering from the National University of Sciences and Technology.

Co-Investors

Ulu Ventures

A VC fund investing in early-stage companies. Portfolio includes SoFi, Palantir Technologies, and Clever.