TeraWatt Infrastructure, founded in 2018, finances, develops, owns, and operates large-scale, turnkey charging infrastructure for commercial electric vehicle fleets in the United States. The company's focus spans the transportation electrification sector, serving clients including autonomous vehicle fleets, rideshare operators, and trucking companies across light-duty to heavy-duty segments.
The company operates at the intersection of energy infrastructure, EV charging systems, and grid integration. Its leadership team brings over two decades of combined energy expertise to the challenge of building out the physical backbone required for commercial fleet electrification.
TeraWatt secured a $1 billion Series A funding round, reflecting the capital-intensive nature of developing and owning charging infrastructure at scale. The company's model involves taking on the full lifecycle of charging site development - from financing and construction through long-term ownership and operation - providing fleet operators with a turnkey solution rather than requiring them to build and manage their own infrastructure.
