According to filings with the U.S. Securities and Exchange Commission, Electrun is raising $5,000,000.00 in new funding. Sources indicate that as part of senior management President, Gokmen Kilincarslan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Electrun
Electrun delivers EV charging service. By 2030, it is projected that there will be approximately 25+ million electric vehicles in the US, with over 70% concentrated in metropolitan areas. However, the aging power grids face regular blackouts due to the current demand, making it challenging for them to support the growth of EVs. This has resulted in increasing restrictions on electricity usage for consumers. The majority of EV chargers are slow chargers that take over 2-10 hours to charge, as the grid cannot handle the high demand. We are determined to create a different future. Our proprietary supply chain logistics will revolutionize energy-as-a-service for both fleets and consumers, transforming the way vehicles receive power. Our solution, the Electrun EcoSystem, is poised to lead the decarbonization of last-mile delivery and consumer vehicle charging, solving the EV charging problem in California. The Electrun EcoSystem will deliver energy that is not only better for the planet but also for communities and businesses.

To learn more about Electrun, visit http://electrun.app/

Contact:
Gokmen Kilincarslan, President
774-201-0006

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.