Charge Amps

About Charge Amps

Charge Amps AB operates in the electric vehicle (EV) charging sector, providing intelligent and aesthetically designed charging solutions. The company was founded in 2012 by Fredrik Jonsson, alongside co-founder Boel Rydenå Swartling, stemming from Jonsson's frustration with the lack of smart and sustainably produced chargers for his own high-tech electric car. An entrepreneur with a background in systems architecture, e-commerce, and electronics design, Jonsson's journey began at his kitchen table where he developed the first products.

The company's business model revolves around the development, manufacturing, and sale of hardware—such as charging stations and cables—and a proprietary cloud-based software platform that manages the charging process. Revenue is generated from the sale of these physical products and associated services. Charge Amps caters to a diverse client base, including private homeowners, housing associations, commercial businesses, and public sector entities across 15 markets. The company has demonstrated significant growth, reporting a 145% increase in net sales for 2021. To fuel its international expansion, Charge Amps has secured a total of $44.4 million in funding over two rounds from investors including Skelleftea Kraft and Swedbank Robur.

Charge Amps offers a portfolio of charging stations, such as the best-selling 'Halo', the dual-connector 'Aura', and the newer 'Dawn' and 'Luna' models. A key differentiator is the focus on design and durability; products are made from sustainable materials like recycled aluminum and are built to withstand harsh Nordic climates, with high IP ratings for weather resistance. The chargers are controlled by intelligent software via the Charge Amps App and Cloud service, allowing users to schedule charging, monitor status, and balance energy loads. The platform supports dynamic load balancing through the 'Amp Guard' device, which optimizes energy use to prevent overloading a property's main fuse and enables charging with solar power. All products are fully compliant with the Open Charge Point Protocol (OCPP), allowing integration with various third-party management systems.