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Overview
JOLT Charge operates a network of fast EV charging stations with a freemium pricing model: drivers get a daily 7 kWh allowance, after which additional charging is billed per kWh. Payments can be made through JOLT Charge’s own system or via third-party charging cards, offering convenience across different networks. The service focuses on urban and suburban areas in the UK and Europe, aiming to be easy for new users to adopt. The goal is to attract many EV owners, grow the charging network in cities, and provide a convenient, fast charging option across its regions.
About JOLT Charge
Industries
Automotive & Transportation
Energy
Consumer Software
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$206.6M
Headquarters
Sydney, Australia
Founded
2018
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Simplify's Take
What believers are saying
- Acquiring Volta's 3,000 US stations dominates at-work charging segments.
- Municipal partnerships validate revenue growth for US urban expansion.
- Ad-supported infrastructure model blends public charging with digital ads.
What critics are saying
- Shell acquiring Volta Network eliminates Jolt's ad-funded free model.
- Tesla's UK free policy Outreach threatens freemuum adoption quickly.
- UK Ofgem's ad-subsidized ban forces charging collapse in 18-24 months.
What makes JOLT Charge unique
- Jolt uses an ad-based freemium model offering 7kWh free daily.
- The network blends EV charging with digital out-of-home advertising revenue.
- It partners with municipalities for zero-cost operational expansion globally.
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Funding
Total Funding
$206.6M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Parental Leave
Company Equity
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↑ 2%2 year growth
↑ 7%“JOLT Charge Pty Limited is excited to be teaming up with Ausgrid for the launch of its Sydney network, giving drivers the ability to access free, fast charging across the city.
JOLT Charge is Hiring for 4 Jobs on Simplify!
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About JOLT Charge
Industries
Automotive & Transportation
Energy
Consumer Software
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$206.6M
Headquarters
Sydney, Australia
Founded
2018
JOLT Charge is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today