1. Is Plugless Power a public company?
No, Plugless Power is not currently a publicly traded company. We are based in Houston, Texas and incorporated in Texas as Plugless Power, Inc. Despite the long legacy associated with the Plugless Power product offering, the current Plugless Power team acquired the patent portfolio and the business in early January 2021. Our goal is to reconfigure the market approach and to complement the existing technology with a suite of new technologies and capabilities.
2. Is Plugless Power accepting outside investors?
We are indeed taking investment in the business. However, we are restricting such investment to Accredited Investors. As present, all investments that we are taking are done on a private placement and will be used toward a defined execution plan. Our goal is to leverage our product portfolio with a turn-key solutions approach in order to bring the business to maturation. At maturation, we will then consider one of two options; organize a public offering or combine with a strategic partner through a change-of-control.
3. What is the minimum investment Plugless Power is willing to take from outside investors?
As for minimum investments, we have been restricting investments to no less than $100,000 USD. All investors must be accredited. To be candid, we consider every investor to be a financial partner and hope to keep them engaged throughout our initial evolution. We do indeed have a company prospectus that includes a 180-Day Plan, 5-Year Detailed Proforma, Investor Presentation, Executive Summary and Use of Funds Summary. These can be provided, upon execution of an NDA.
4. Does Plugless Power have patents to support its technology?
Yes, we do indeed own the patents and the intellectual property supporting the business. This was done via an acquisition in January 2021. An official press release relative to this matter was issued on our Linked-In page and website.
5. Can your Plugless Power system support my car and when will systems be available?
Though the Plugless Power wireless charging system can charge your vehicle, we are currently withholding the release of a new product offering until we complete the engineering and design of our third-generation package. This package will take advantage of the years of experience collected from our first and second generation systems that were introduced to the market up to 2018. Our objective is to release the third-generation system in 2022 to accommodate a variety of existing EV’s. Despite the disappointment that the wait may be, we are confident that it will be worth it upon release of third generation system. With that said, we are targeting the re-release of our second generation product in late 2021. We are being cautious about officially communicating market availability and pricing at this time. We will have more information to share in the fall about our pending third-generation system. In the meantime, I can only ask that you consider keeping in touch through our website and/or our Linked-In™ page. We will be posting updates and press releases on a frequent basis.
6. Can you Plugless Power system charge fleet vehicles, SUV’s or other large EV’s?
Given the fact that we can achieve almost a 12” gap distance, we certainly are excited about its fleet application for SUV’s,
Delivery Trucks, and Commercial Vehicles. We look forward to highlighting our progress on our Linked-In profile and website.
7. Are you working on commercial installations, including truck stops?
Yes, we are indeed looking into commercial installations that would include parking garages and parking lots. However, it is unlikely that we will consider truck stops, as our technology is not consider a “super charger”. It is categorized as a Level Two “L2” charging device.
8. Will you have an in-ground package available to consumers?
There will be two deployment models that will be released. The first is an in-ground version that will drop into a pre-set cavity. The
second is a above-ground mounted unit.
9. Can your transmission units be moved from one of two parking positions in my garage?
The above-ground unit is a low profile unit and can indeed be moved from one location to the next. However, it is important that the receiving pad within both cars is compatible with the transmission pad that you would look to move between the parking spots. With that said, Plugless Power does recommend that the transmission pads be affixed in a single position.
10. Do you have a unit compatible with European standards?
We certainly do have in mind a product to support the European Markets. Though our first product was designed for North America, our third generation unit will be introduced to support both the North America and European markets.
11. How does short-term, low KW charging effect the battery life of my car?
Plugless Power is not at liberty to comment on the proprietary battery architecture of electric vehicle original equipment
manufacturers. Such questions relative to battery durability and the impacts of partial charging are unfortunately unique to each EV OEM and the battery technology they deploy.
12. What is the maximum air gap that your charging station can achieve?
Plugless Power’s third-generation package is capable of achieving an air gap of almost 12″.
13. Will your charging station be able to support 700 Volt EV’s?
Plugless Power is indeed working on a 700 Volt Charging Station that will be introduced as part of our third-generation package intended for release in 2022.
14. What is the average package price for a Plugless Power Wireless Charging Station?
As for a typical charging package, you can estimate a price point that will range between $3,000 USD and $4,000 USD. This would cover most applications as a Level 2 Charging Unit. We will be introducing a third-generation package to the market in 2022 and are targeting a price point of $3,500 USD.
15. How can I repair my Plugless Power Wireless Charging Station?
We are certainly disappointed to hear that you are experiencing challenges with your wireless charging system. With that said, it is important that some historical context is provided.
The original Plugless Power Stations were made by a company called Evatran. Evatran closed its doors in 2018. In January of 2021 our team acquired the intellectual property of Evatran and formed a new Texas-based company call Plugless Power, Inc.
Plugless Power, Inc. is feverishly working to reorganize a full team and to coordinate a more formalized response to support prior
customers of Evatran, like yourself. Despite the fact that this was a different company and team, we have a vested interest in the
continued success and use of the original products that were brought to market. The fact is that the future success of our product line is highly dependent on the legacy that is attached to it, even if just by name-sake.
16. Do you manufacture a dual-port charger station?
Plugless Power does not manufacture dual-port wired charger stations. In contrast, we manufacture wireless inductive charging
systems that provide wireless power to the electrical vehicle, therefore eliminating the needs for “ports”. However, it should be
noted that we are developing a wireless charging station that could seamlessly integrate with existing and planned wired charging
17. Does Plugless Powers wireless charging stations still present a meaningful value if EV batteries can achieve more than 700 miles on a single charge?
Plugless Power does not define success based on the ability to charge a battery that can provide 350, 700 or even 1,000 miles. The fact is that full driverless autonomy makes the need for wireless charging inevitable. Further, simply because a battery can achieve a longer distance, does not mitigate the inherent challenges that exist with plug-in devices. This includes, but is not limited to those with disabilities, inclement weather, common damage to plug-in cables and cable incompatibility.
18. How much does it cost to install a Plugless Power wireless charging system?
If you are so mechanically inclined, Plugless Power does indeed have complete Installation and Maintenance Manuals available for each station that we market. However, if you do seek an automotive professional to conduct the installation, history has proven that the costs will be approximately $1,500 +/- $500.
19. Where can I go to have a Plugless Power wireless charging station installed?
Plugless Power is working with a number of private service providers to be able to support installations. However, wide-scale deployment of service providers is not currently available and may require direct support from Plugless Power. Please contact our Customer Support Team for more details.
20. Is the Plugless Power wireless charging station SAE J2954 compliant?
Though the Plugless Power wireless charging system will be SAE J2954 compliant, we are currently withholding the release of a new product offering until we complete the engineering and design of our third-generation package. This package will take advantage of the years of experience collected from our first and second generation systems that were introduced to the market up to 2018. Our objective is to release the third-generation system in 2022 to accommodate a variety of existing EV’s and electrical standards. Despite the disappointment that the wait may be, we are confident that it will be worth the wait upon release of third generation system. Please stay tuned through our website as more details become available.
21. Does Plugless Power ship, install and service wireless charging stations in Europe?
Plugless Power’s third-generation package will indeed be available for sale in European markets. Plugless Power will be working to develop a network of qualified installers to support the product upon its release.
22. How does the Plugless Power wireless charging station work in public settings?
To start, there would be a central transformer that would be needed to accommodate the power demand of the network. There may need to be a number of smaller transformers depending on the number of wireless charging stations planned. From here, if there is enough forethought in the civil engineering, conduit would be provide below grade to
feed the needed power to each parking space. The actual transmission pad is designed to be dropped into a open cavity that would be preset into the concrete. This allows the charging pad to be flush with the road / parking spot.
From here, the interface with the charging unit is done through an app-based interface and/or through the EV’s on-board operation system (i.e. via Apple CarPlay). This would provide the needed commercial integration and allow users to set up a profile and credit card each time they drove up onto a wireless charging station.
The fact is that the wireless charging solution eliminates the expensive installation of pole-mounted packages and the potential
for wear and tear of electrical cables. It also provides a much more aesthetically pleasing arrangement that eliminates the inherent trip hazard. When you consider the convenience in inclement whether or for those that may have disabilities, it is the best possible solution for fleet and city installations.