How would you explain your business model?
1- Hardware licensing: ELWIS licenses its patented plug-in module reference design to fleet operators, OEM Tier-1 suppliers, and charging infrastructure companies. Licensees pay an upfront technology transfer fee of €500K–2M plus a per-unit royalty.
2- Hardware supply: ELWIS sells plug-in receiver modules and ground-side transmitter pads directly to commercial fleet operators — rental depots, carsharing operators, corporate parking facilities, and logistics warehouses. Module ASP is €850–1,200 per vehicle. Pad stations are €3,000–5,000 installed. This is the volume engine that builds with fleet electrification.
3- infrastructure-as-a-service: For operators who prefer zero upfront capital, ELWIS deploys and owns the pad infrastructure and charges per kWh transferred or a monthly subscription per vehicle (€150–400/month). This converts CapEx to OpEx for the customer and builds ELWIS a predictable recurring revenue base with network-effect value.
What makes your idea unique compared to your competitors?
Every wireless EV charging solution on the market today requires the receiver coil to be permanently engineered into the vehicle floor pan at design time. That means a 4–7 year OEM programme cycle, 10–20 kg of permanent added mass, and zero compatibility with the tens of millions of EVs already on the road. The entire existing global EV fleet is permanently locked out of wireless charging under this model. ELWIS inverts the architecture. The receiver is not embedded in the vehicle, it is a plug-in module that connects to the vehicle's existing charging socket in minutes, with no modification to the vehicle whatsoever. This single architectural decision unlocks three things no competitor offers simultaneously: universal compatibility across all connector standards (CCS1, CCS2, NACS, CHAdeMO) via interchangeable front-end plugs; retrofittability on any EV already on the road today; and bidirectional V2V wireless energy transfer, where a vehicle fitted with the module can wirelessly donate charge to another vehicle with no charging station involved. This is not a better wireless charger. It is a different category: the world's only universally retrofittable wireless charging architecture, protected by a granted US patent active until 2041.
Where do you see your company in the next 5 years?
Year 1 — Prove it works on a real fleet. Bench validation complete. First pilot running with a European carsharing operator (target: Free2Move or MILES Mobility, 50 vehicles, 15 pads, 60 days). Operational data published. First licensing conversation with a Tier-1 automotive supplier initiated. SAE J2954 and FCC Part 18 certification process started.
Year 2 — First commercial contracts. Pilot data converts to commercial contracts with two fleet operators. First OEM Tier-1 licensing agreement signed (target: Bosch or Continental charging systems division). Hardware supply contracts with one rental company depot (target: Europcar or Sixt, one airport location). 500 modules deployed across Europe. ELWIS pad network live in three cities.
Year 3 — Scale the network. 5,000 modules deployed. Fleet leasing bundle launched with one major leasing company (target: Arval or Alphabet Fleet), adding a recurring Charging-as-a-Service revenue layer on top of hardware. First dwell-location CPO partnership live (hotel groups, supermarket chains). Revenue target: €15–20M.
Year 4 — OEM integration begins. First automotive OEM announces ELWIS-compatible receiver port as a factory option on a new model. Retrofit kit available through that OEM's dealer network. The installed vehicle base crosses 50,000 units, making the pad network commercially self-sustaining. Second OEM licensing agreement signed. Revenue target: €60–80M.
Year 5 — Standard, not product. ELWIS is the interoperability standard between wireless-charging infrastructure and the existing EV fleet, the equivalent of what Qi did for smartphones. Three or more OEMs shipping ELWIS-compatible vehicles. Pad network active in 20+ European cities. V2V peer-to-peer energy transfer commercially live as a consumer product. Revenue target: €150–200M. Series B raised or strategic partnership with a major OEM or infrastructure group in place.
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