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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
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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Total Funding
$18.4M
Above
Industry Average
Funded Over
0 Rounds
Flexible Work Hours
Remote Work Options
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Parental Leave
Blink Charging Co. has announced a partnership with Stable Auto to enhance its electric vehicle charging network through advanced AI modeling.
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
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).
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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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
Find jobs on Simplify and start your career today