How it Works
TEQ Charging offers two key value propositions to properties that install our system. First, we reduce the cost of charging by 90%. Second, we increase the charger capacity of each power line by 4-6x in most cases, sometimes even more.
The Current Solution
Current 'smart' chargers that provide payment processing, access control, and usage statistics range in price from $6,000-$10,000, plus install costs. Additionally, because a dedicated power line is needed for each charger, the cost of expansion can be tens of thousands, if not more.
The TEQ Smart Upgrade
By installing a small, inexpensive addition to a 'dumb' charger, which is essentially a fancy extension cord, TEQ allows all the same functionality of a 'smart' charger at 1/10 the cost (around $800 per charger). This is just one of the value propositions that TEQ Charging offers.
The TEQ Queuing System
TEQ Charging obviates the need to expand backend electrical infrastructure when expanding the number of chargers by queuing the power from one car to the next throughout the day, optimized based on the requested departure time of the driver through the mobile app.