POWERINGCAR - Comprehensive Analysis Report

Summary

POWERINGCAR is an electrical engineering company based in Zaragoza, Spain, with over 40 years of experience in the electrical sector. While branding itself as a young and innovative company, POWERINGCAR's technical team brings over 30 years of experience in electrical and telecommunications installations to their projects. The company is committed to excellence and diversity, with a focus on quality, innovation, and providing advice and installation of charging points for electric vehicles. Their slogan is "Your Need, Food for Our Solutions".

1. Strategic Focus & Objectives

Core Objectives

POWERINGCAR aims to provide comprehensive electrical solutions, ranging from standard electrical installations to specialized electric vehicle charging solutions.

The company focuses on design and innovation, installation and start-up, technological monitoring, and integration of online payment systems.

POWERINGCAR optimizes client projects from an economic perspective, improving their overall quality.

A key objective is to remain at the forefront of electric vehicle charging systems.

Specialization Areas

The company specializes in electrical installations and maintenance.

POWERINGCAR provides comprehensive advice and installation of charging points for electric vehicles.

They design and assemble electrical panels and offer systems for neutral distribution.

They adapt installations to avoid the need for clients to contract more power.

Target Markets

POWERINGCAR serves both public and private entities.

Their clients include local and regional public bodies, private entities, and leading Spanish companies.

The company focuses on clients that require electrical installations, maintenance, and EV charging solutions.

2. Financial Overview

Funding History

POWERINGCAR's capital is €3,000.00.

The company was one of seven startups awarded in the Mobility City project of the Ibercaja Foundation and incubated in Zaragoza Activa.

Information about other funding rounds, notable investors, and intended utilization of capital is not available.

3. Product Pipeline

There is no information available regarding specific pipeline candidates or product development stages.

The company currently focuses on electrical installations and EV charging solutions.

4. Technology & Innovation

Technology Stack

POWERINGCAR designs and assembles electrical panels.

They offer systems for neutral distribution.

The company specializes in adapting installations to avoid the need for clients to contract more power.

POWERINGCAR integrates online payment systems into its solutions.

5. Leadership & Management

Executive Team

Jose Oscar Andaluz Sorli: Director

Javier Dalmau Fajardo: Director

Agustin Larroya Sevillano: Director

The leadership team consists of three directors: Jose Oscar Andaluz Sorli, Javier Dalmau Fajardo, and Agustin Larroya Sevillano, all registered in Zaragoza, Spain, as directors of Powering Car Solutions SL.

Recent Leadership Changes

No information about recent significant changes or appointments within the company's leadership is available.

6. Competitive Analysis

Information about specific competitors is not available.

7. Market Analysis

Market Overview

The global electric vehicle market was valued at USD 500.48 billion in 2023 and is projected to reach USD 1,891.08 billion by 2032, demonstrating a CAGR of 13.8%.