In-Charge Energy
In-Charge Energy is a company.
Financial History
Leadership Team
Key people at In-Charge Energy.
In-Charge Energy is a company.
Key people at In-Charge Energy.
Key people at In-Charge Energy.
InCharge Energy is a portfolio company specializing in end-to-end commercial EV charging solutions, accelerating the electrification of transportation fleets to reduce emissions.[1][2][5] It builds turnkey infrastructure including top-brand hardware, customized software (e.g., service-dispatch-integrated, fleet-management-integrated, and electricity load management tools), durable cable management, financing, and lifetime maintenance services for fleets ranging from 200 sedans to 20,000 Class 8 trucks.[1][2][5] Serving major commercial fleets, truck/bus manufacturers, rideshare operators, EV makers, school districts, municipalities, and facilities owners across North America, it solves the challenges of scalable EV adoption by simplifying planning, deployment, monitoring, and operations—delivering up to 45% energy cost savings and 99.99% software uptime while preventing over 70 million kg of CO2 emissions.[5] With over 20,000 charger installations, partnerships with 20+ OEMs, and service to 3 of the top 5 commercial fleets and 8 of 10 largest auto dealer groups, the company shows strong growth momentum post-acquisition.[3][5]
InCharge Energy was founded in 2018 by EV industry veterans Cameron Funk and Terry O’Day, headquartered in Santa Monica, California's first zero-emissions delivery zone, with operations in San Francisco, Michigan, Virginia, and Irvine.[1][2][3][4] Funk, with over 32 years in energy efficiency and EV infrastructure, previously served as CEO of innogy e-Mobility US, where he led acquisitions of a top U.S. fast-charging hardware firm and software with 700,000 users; O’Day complemented this with deep expertise in EV service equipment.[2] The idea emerged as they observed rapid consumer EV adoption and foresaw economic benefits for commercial fleets, assembling a top team to address infrastructure gaps amid global electrification trends.[2] Early traction built through government environmental roles and engineering experience, leading to a diverse portfolio of OEMs, rideshares, and fleets; a pivotal moment came in January 2022 when ABB acquired a corporate majority stake, boosting scale.[3]
InCharge Energy rides the commercial fleet electrification megatrend, driven by regulatory mandates for emissions reduction, falling EV costs, and corporate sustainability goals in transportation—a sector responsible for ~29% of U.S. greenhouse gases.[1][2] Timing is ideal amid 2020s infrastructure bills (e.g., U.S. Inflation Reduction Act) funding EV charging and fleets, plus OEM shifts to electric trucks/buses, creating tailwinds for scalable solutions.[2][3] Market forces like rising fuel prices, supply chain electrification (e.g., rideshares, logistics), and public sector adoption (school buses, municipalities) favor its North America focus.[1][5] It influences the ecosystem by partnering with OEMs/dealers for interoperability, enabling faster transitions and setting standards for fleet-grade reliability, while its ABB backing amplifies global reach in e-mobility.[3][5]
InCharge Energy is poised for accelerated expansion as commercial EV fleets scale globally, leveraging ABB's resources for international growth and deeper OEM integrations.[3][5] Trends like AI-optimized energy management, V2G (vehicle-to-grid) tech, and megafleet mandates (e.g., 100% EV by 2030 for some operators) will shape its trajectory, potentially doubling installations amid projected 10x fleet EV growth by 2030. Its influence may evolve from U.S. pioneer to global leader in sustainable transport infrastructure, sustaining emissions impact—one fleet at a time, as its mission promises.[1][2]