Skip to main content

L-Charge EV project turns to crowdfunding

Crowdfunding amount would fund half of the project
By Ben Spencer December 15, 2021 Read time: 2 mins
L-Charge says its stations can charge EVs with no need for a grid connection (image credit: L-Charge)

L-Charge wants to raise $5 million through crowdfunding to put toward installing 10 electric vehicle (EV) chargers on major highways between Barcelona and Paris. 

This amount would provide half the funding for the chargers in the 'Green Route' project. Those who donate toward the initiative will receive a 20% discount for the first two years of service at all L-Charge stations. 

L-Charge says the chargers will provide up to 100 km in up to 20 minutes and can generate and store energy with no need for a grid connection. 

The power is generated from compressed natural gas or hydrogen, and the stationary charger does not require any staff or connection to an external power grid, the company adds. 

The stationary mini-power stations provide fast charging for EVs using 600-1000 kW power generators.

L-Charge CEO Dmitry Lashin says: “The fact that there are not enough charging stations across the globe, even in the most developed countries such as the United States, means that EV owners are limited with their travel options. The problem is also not only the lack of the number of charging stations but the speed of charging. It’s insane to spend one or two hours charging your car nowadays, the charging speed should be comparable with that speed of gasoline filling stations. And it is where we come with our solution.”

Elsewhere in the business, L-Charge offers a mobile EV charging service that is currently available in the Russian capital Moscow. This service is expected to be operational in Abu Dhabi by the end of this year and in Barcelona and Madrid by the end of 2022. 

In September, L-Charge raised $1.5 million from private investors to develop an EV charger capable of providing 100 km of power between 3-8 minutes

For more information on companies in this article

Related Content

  • Nissan speeding up EV charging infrastructure
    June 22, 2012
    Nissan has teamed up with leading European utility and Electrical Vehicle (EV) supply equipment companies to speed development of cheaper, smaller, quick chargers for EV batteries, and accelerate the installation of publicly available Quick Charge (QC) points right across Europe. This agreement between Nissan, Circutor, DBT, Efacec, Endesa and Siemens is expected to result in a dramatic reduction in the price of the units – by over half to under €10,000 (US$13,668) – paving the way for businesses such as se
  • Finland and Estonia link on transport projects 
    May 7, 2021
    MoU expected to create improved environment for applying European Union funding
  • Tata Motors to supply 40 e-buses to India
    February 18, 2019
    Tata Motors is to deploy 40 electric buses to Lucknow City Transport Services in India to support the government’s efforts for promoting electric vehicles (EVs). The delivery is part of a larger order in which 255 e-buses will be delivered to six public transport undertakings including WBTC (West Bengal), LCTSL (Lucknow), AICTSL (Indore), ASTC (Guwahati), J&KSRTC (Jammu) and JCTSL (Jaipur). Tata says its Ultra Electric buses will have a range of up to 150km on a single charge and will operate between
  • Delhi uses waste-to-energy to power metro line
    June 13, 2019
    Delhi Metro Rail Corporation (DMRC) has announced it is receiving power generated from a waste-to-energy plant to operate the Pink Line metro service in the Indian capital. DMRC says it is currently receiving 2 megawatts (MW) of power from East Delhi Waste Processing Company’s (EDWPCL) 12 MW capacity plant located in the town of Ghazipur. EDWPCL’s waste-to-energy plant was realised from an agreement with the government of Delhi and the East Delhi Municipal Corporation. The facility is expected to pro