Stable Auto

Stable Auto

Optimizes charging infrastructure for electric vehicle fleets

About Stable Auto

Simplify's Rating
Why Stable Auto is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Automotive & Transportation

Consulting

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$18.4M

Headquarters

San Francisco, California

Founded

2017

Overview

Stable Auto focuses on improving the charging infrastructure for electric vehicle (EV) fleets. The company provides software and consulting services to help fleet operators, such as logistics companies and public transportation agencies, manage their electric vehicles more effectively. Their platform utilizes machine learning and operations research to identify optimal charging station locations, the best times to charge, and ways to reduce both capital and operational costs. By simulating real-world fleet behaviors, Stable Auto offers insights that enhance performance and lower expenses. They generate revenue through subscription fees for their software and consulting fees for tailored advisory services. The team consists of experts in machine learning, operations, and energy, enabling them to deliver practical solutions. Stable Auto aims to transform the management of electric vehicle fleets by optimizing charging infrastructure and fleet operations.

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Simplify's Take

What believers are saying

  • Partnerships with companies like Blink Charging enhance Stable Auto's market presence.
  • The rise of vehicle-to-grid technology offers new revenue streams for fleet operators.
  • AI-driven predictive maintenance reduces downtime and maintenance costs for charging stations.

What critics are saying

  • Increased competition from established players like Shell may limit market share.
  • Low utilization rates of EV chargers threaten the profitability of infrastructure investments.
  • Rapid growth in public fast charging sites may reduce demand for consulting services.

What makes Stable Auto unique

  • Stable Auto uses machine learning to optimize EV fleet charging infrastructure.
  • The company offers customized solutions tailored to each client's specific needs.
  • Stable Auto's team includes experts from top companies and academic institutions.

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Funding

Total Funding

$18.4M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Flexible Work Hours

Remote Work Options

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

4%

2 year growth

4%
Trend Hunter
Oct 15th, 2024
AI Modeling-Enhanced EV Charging

Blink Charging Co. has announced a partnership with Stable Auto to enhance its electric vehicle charging network through advanced AI modeling.

CleanTechnica
Aug 13th, 2024
Ev Charging Metrics Are Positive, Signaling A Consistent Rise In Availability & Reliability

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsRoadtrips in the US have become much less stressful this summer because there are many more reliable EV chargers available along major highways and in suburban areas. While it still requires planning and strategic charging, an EV on a vacation getaway is no longer a major problem. Strong EV charging metrics in the second quarter are supporting the positive take-away impressions of domestic EV drivers and pointing to an associated upswing in EV sales.EV charging station availability has contributed to updated International Energy Agency estimates that US sales of battery EVs will soar to 2.5 million in 2025, up from 1.1 million last year.US EV charging deserts are disappearing, with an increase of 9% charging stations in 3 months, according to a Bloomberg Green analysis of Department of Energy data. There are now nearly 9,000 public, fast charging sites in the US. In the second quarter, Shell debuted 30 new charging stations, Enel opened 11, Pilot Travel Centers revealed 8, and another seven arrived at Flying J rest stops in the US.It’s informative to look at EV Go’s Q2 2024 revenue report, which reached $66.6 million compared to $50.6 million year-over-year — that’s 32% growth

Emirex
Nov 25th, 2022
Crypto News Weekly Digest 25.11.2022

Seattle-based Web3's leading payment company, Stable Corporation, has launched its USD-pegged multi-chain stablecoin on the XRP Ledger (XRPL), dubbed Stable USD (USDS).

Business Wire
Sep 14th, 2022
Stable Surpasses 70 Million Ev Charging Data Points Analyzed And Series A Round

Making EV charging stations profitable remains critical to adoption, as Stable’s own data shows that most chargers are used less than 10% of the time, and very few are used more than 20% of the time. (Graphic: Business Wire). Making EV charging stations profitable remains critical to adoption, as Stable’s own data shows that most chargers are used less than 10% of the time, and very few are used more than 20% of the time. (Graphic: Business Wire)

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