Terawatt Infrastructure
Terawatt Infrastructure owns and operates the largest U.S. portfolio of purpose-built, high-powered EV charging depots for commercial fleets — serving autonomous vehicle operators, trucking fleets, rideshare operators, and port drayage across 18+ states with proprietary charge management software and 99%+ uptime.
- Company typePrivate
- Founded2021
- HeadquartersSan Francisco, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Terawatt Infrastructure does
Terawatt Infrastructure, founded in 2021 and headquartered in San Francisco, owns and operates the largest U.S. portfolio of purpose-built, high-powered EV charging depots serving commercial fleets. The company serves four primary customer segments — autonomous vehicle fleets, light/medium/heavy-duty trucking fleets, rideshare operators, and port/drayage operators — across more than 50 owned properties and 200+ MW of capacity in development in 18+ states.
The platform is delivered through three service models: multi-tenant shared sites, build-to-suit custom sites, and behind-the-fence installations on customer-owned property. The technology stack combines real estate acquisition, utility power procurement (including onsite solar and battery storage), high-power hardware (up to 350kW and Megawatt Charging System-capable), and proprietary Charge Management Software (CMS) that integrates heterogeneous vehicle and charger types. A 24/7 Network Operations Center provides remote monitoring and a reported 32-minute mean time to repair versus a 3-7 day industry standard, supported by a hardware lab that stress-tests equipment pre-deployment. Reported operational outcomes include 99%+ uptime, 68 million miles of clean EV range delivered, and 27 million kg of CO2 abated.
Terawatt generates revenue through usage-based kWh charging fees at multi-tenant sites, fixed monthly access subscriptions, build-to-suit development fees, and bundled operations & maintenance services under its Smart Wrenches offering. The go-to-market is direct enterprise field sales to fleet operators, augmented by strategic channel partnerships (notably Velocity Vehicle Group's commercial vehicle dealer network) and shipper-carrier coalitions such as the I-10 EV Charging Coalition co-launched with Smart Freight Centre. Named enterprise customers include Waymo, PepsiCo (multi-year deal at Rancho Dominguez), and Lyft (via executive hire); the company has raised over $1 billion in equity (2022) and a $300 million senior secured credit facility (2026).
Terawatt Infrastructure firmographics
Firmographics- Name
- Terawatt Infrastructure
- Legal name
- Terawatt Infrastructure, Inc.
- Website
- https://terawattinfrastructure.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Terawatt Infrastructure owns and operates the largest U.S. portfolio of purpose-built, high-powered EV charging depots for commercial fleets — serving autonomous vehicle operators, trucking fleets, rideshare operators, and port drayage across 18+ states with proprietary charge management software and 99%+ uptime.
- Ownership category
- akta.pro rank
Terawatt Infrastructure industry classification
Industry- Product category
- Commercial EV Fleet Charging Infrastructure
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- EV Charging Operations & Parking-Lot Electrification Management (BPABAKAK)
- akta.pro secondary industries
- EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charging Payment & Reimbursement Programs (Public/Depot Charging) (TLABAMAK)
Keywords
Where Terawatt Infrastructure is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Terawatt Infrastructure business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Charging Infrastructure Ownership & Operation: Terawatt acquires, develops, owns, operates, and maintains EV charging depots for commercial fleets. Revenue is generated through charging fees (per kWh), reservation systems, and monthly access fees from fleet customers using multi-tenant sites. The company assumes capex for infrastructure buildout and passes costs through to customers as operating expenses, turning capital expenditure into manageable opex.
- Software & Technology Services: Proprietary Charge Management Software (CMS) sold as part of the full-stack offering, including real-time monitoring dashboards, scheduling tools, alert systems, and reporting capabilities for fleet charging operations.
- Operations & Maintenance Services: O&M services including on-site repairs, warranty management, and technical support bundled with infrastructure solutions under the 'smart wrenches' system.
- Site Development & Build-to-Suit Services: Custom site acquisition, design, permitting, development, and operation for individual fleets under build-to-suit arrangements. Revenue from development fees and long-term site access agreements.
- Debt Financing (Commercial Banking Facility): In June 2026, Terawatt secured a $300M senior secured credit facility from a consortium of global banks (RBC Capital Markets, Sumitomo Mitsui Banking Corp., UBS Group AG) to fund acquisition and development of EV charging sites.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Multi-tenant shared charging sites billed per kWh consumed |
| Subscription | Monthly | Fixed monthly rate for site access and charging services |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Terawatt Infrastructure product offering
Product offeringCore offering
Terawatt Infrastructure acquires, develops, owns, and operates purpose-built high-power EV charging depots for commercial fleets. The company delivers full-stack charging infrastructure—real estate, power procurement, charging hardware, and proprietary Charge Management Software—via three delivery models: Multi-Tenant shared sites, Build-to-Suit custom sites, and Behind-the-Fence installations. The offering turns fleet capital expenditure into manageable operating expense through per-kWh or fixed monthly pricing.
Product overview
Terawatt Infrastructure offers a full-stack EV charging infrastructure platform for commercial fleets, comprising three primary service delivery models: Multi-Tenant shared charging sites, Built-to-Suit customized solutions, and Behind-the-Fence fleet-owned facilities. The company's proprietary Charge Management Software (CMS) provides centralized monitoring and control, while its Operations & Maintenance ("Smart Wrenches") service ensures hardware reliability. The platform serves two core market segments—Autonomous + Rideshare Fleets and Trucking Fleets (light/medium/heavy-duty)—with solutions including solar-powered charging capabilities. Terawatt owns and operates the entire infrastructure stack from real estate acquisition through power infrastructure, chargers, and software management.
Differentiator
Problem solved
Functional benefit
Products and services
- Multi-Tenant Shared EV Charging Sites Terawatt-owned, built, operated, and maintained charging depots shared between multiple fleet customers. Designed for fast, convenient en-route charging with pull-through and bobtail stalls. Fleets pay per kWh or via monthly access fees; this is Terawatt's primary distribution model.
- Build-to-Suit Charging Solutions Terawatt acquires, designs, permits, develops, operates, and maintains a custom site on behalf of an individual fleet. Sites are configured to fleet specifications and can include charging, parking, and amenities, with optional revenue-share when opened to other fleets.
- Behind-the-Fence Charging Terawatt designs, builds, operates, and maintains charging infrastructure on a fleet's own property behind its facility fence, assuming adequate space and power are available. Provides a low-risk path to electrification with full customization.
- Charge Management Software (CMS) Proprietary fleet-specific charge management platform integrating different vehicle models and charger types. Includes real-time dashboards for state of charge, charger performance, energy usage; remote start/stop and reboot; scheduling tools for time-of-use optimization; SMS/email alerts; and energy/cost reporting.
- Operations and Maintenance (Smart Wrenches) Operations and maintenance service including 24/7 Network Operations Center (NOC) monitoring and diagnostics, predictive maintenance, on-site technician dispatch, warranty management for all hardware, and technical support channels for fleet operations. Delivers 32-minute mean time to repair versus 3-7 day industry standard.
- Solar-Powered Charging Centers EV charging centers powered entirely by renewable solar energy, supporting sustainable fleet electrification. Onsite solar generation is integrated with battery storage as part of Terawatt's power infrastructure stack.
Quantifiable outcome
- 68 million miles of clean EV range delivered through the charging network
- +6 more outcomes
Companies that use Terawatt Infrastructure
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Terawatt Infrastructure technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Terawatt Infrastructure partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, flagship and significant.
- Velocity Vehicle GroupcoreStrategic partnership between Terawatt and Velocity Vehicle Group combining Terawatt's high-speed charging network with VVG's commercial vehicle sales, financing, and maintenance infrastructure across North America. Focused on dissolving barriers of range anxiety and maintenance uncertainty for Southern California freight fleets. VVG operates a vast network of dealerships and maintenance centers in the U.S., Canada, Australia, and Mexico, with especially high concentration in Southern California.
- Smart Freight CentreflagshipSmart Freight Centre, a global non-profit focused on climate action in freight, co-launched the I-10 Coalition with Terawatt to pilot heavy-duty EV charging along the I-10 corridor between Los Angeles and El Paso. Terawatt serves as strategic charging solutions partner, providing infrastructure, software, operations, and maintenance support at six of its owned charging hubs. Coalition members include AIT Worldwide Logistics, DB Schenker, Maersk, Microsoft, PepsiCo, and later C.H. Robinson, DHL, Electrolux, and IKEA.
- PepsiCocoreThree-year deal with PepsiCo for Terawatt's multi-tenant site in Rancho Dominguez, CA. PepsiCo utilizes the site for high-powered charging infrastructure for Tesla Semis and other EVs at their Sacramento bottling facility and for their Frito-Lay North America Queens facility. PepsiCo is working toward its pep+ goal of net zero emissions by 2040.
- KaptynsignificantStrategic partnership with Kaptyn (a premier EV mobility company) to develop EV charging hubs in Las Vegas and other North American markets, announced in 2022.
- New Mexico Department of Transportation (NMDOT)corePartnership with NMDOT to develop EV charging infrastructure along the I-10 corridor in New Mexico. The $63.8M federal grant is managed through this partnership, funding two charging centers with nine stalls each to serve medium and heavy-duty electric vehicles.
- Critical LoopsignificantTerawatt partnered with Critical Loop, a startup building modular microgrids for industrial facilities using proprietary combiner technology. Critical Loop's microgrids help industrial facilities bypass long utility interconnection queues through flexible service connection programs, complementing Terawatt's charging infrastructure deployments.
- Desert CabsignificantTerawatt partnered with Desert Cab (a Las Vegas taxi service provider operating ~400 taxis) to advance fleet electrification with software, operations, and maintenance services. Desert Cab's fleet is nearly 10% electrified with goals to reach 50% in 2-3 years.
Scale indicators11 records
Recent moves7 records
Expansion highlights7 records
Terawatt Infrastructure competitors and assessment
Company assessmentDirect peers
- WattEV: WattEV develops a public network of heavy-duty truck charging plazas in California with similar purpose-built depot model and high-power chargers for Class 8 BEVs. It competes head-to-head with Terawatt on California freight corridors, including sites near the Port of Long Beach.
- Greenlane: Greenlane is a Daimler Truck, NextEra Energy, and BlackRock-backed JV building a public, high-power charging network for medium- and heavy-duty commercial EVs in the U.S. It is a directly comparable fleet-charging infrastructure peer with similar depot model.
- Electra: Electra is a European-headquartered operator building ultra-fast charging hubs for EVs with growing fleet and depot focus, including expansion into the U.S. Its hub-based, multi-tenant model and software stack closely mirror Terawatt's approach.
Broad incumbents
- ChargePoint: ChargePoint is a publicly traded EV charging network and software provider with the largest portfolio of Level 2 AC stations and growing DC fast charging presence, including commercial fleet customers. It is a broader incumbent that overlaps in fleet software and charger hardware but is more retail/Light-duty oriented than Terawatt's heavy-duty depot focus.
- EVgo: EVgo is a publicly traded U.S. DC fast charging network operator with deep public-funding ties (NEVI). It overlaps with Terawatt on commercial fleet and high-power charging, but its footprint is largely retail/passenger-oriented rather than purpose-built commercial depots.
- Tesla Supercharger / Tesla Energy:
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Terawatt Infrastructure social profiles
Digital presenceTerawatt Infrastructure financial estimates
Financial estimateRevenue estimate
Valuation estimate
Terawatt Infrastructure leadership team
Management profileNumber of profiles
Profiles9 records
Terawatt Infrastructure funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Terawatt Infrastructure M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Terawatt Infrastructure
What does Terawatt Infrastructure do?
Terawatt Infrastructure acquires, develops, owns, and operates purpose-built high-power EV charging depots for commercial fleets. The company delivers full-stack charging infrastructure—real estate, power procurement, charging hardware, and proprietary Charge Management Software—via three delivery models: Multi-Tenant shared sites, Build-to-Suit custom sites, and Behind-the-Fence installations. The offering turns fleet capital expenditure into manageable operating expense through per-kWh or fixed monthly pricing.
Is Terawatt Infrastructure a public or private company?
Terawatt Infrastructure is a private company. It is classified as venture growth investor backed and is currently operating.
When was Terawatt Infrastructure founded?
Terawatt Infrastructure was founded in 2021. It employs 51 to 100 people.
Where is Terawatt Infrastructure based?
Terawatt Infrastructure is headquartered in San Francisco, United States, in the North America region.
How does Terawatt Infrastructure make money?
Five revenue lines are on record. Charging Infrastructure Ownership & Operation is the primary driver. The others are software & Technology Services, operations & Maintenance Services, site Development & Build-to-Suit Services and debt Financing (Commercial Banking Facility).
Who are Terawatt Infrastructure's main competitors?
Direct peers on record are WattEV, Greenlane and Electra. Broad incumbents are ChargePoint, EVgo and Tesla Supercharger / Tesla Energy.
Does Terawatt Infrastructure have an API?
No public API is recorded for Terawatt Infrastructure.
What industry is Terawatt Infrastructure in?
Terawatt Infrastructure's product category is Commercial EV Fleet Charging Infrastructure. Its primary akta.pro industry code is BPABAKAK, EV Charging Operations & Parking-Lot Electrification Management, with a secondary code of TLAKAMAG, EV Charging Network Management & Software Services (CPMS, Monitoring, Billing). Its NAICS code is 2211 and its SIC code is 4731.