Wattif EV AS

What Wattif EV AS does

Wattif EV AS is a Norwegian destination-charging operator founded in 2021 in Bergen, providing end-to-end electric vehicle charging infrastructure for property owners, parking operators, and public-sector customers across six European countries (Norway, Sweden, Germany, Austria, Ireland, and the United Kingdom). The company manages the full value chain — planning, hardware procurement, installation, daily operation, software management, and 24/7 customer support — and serves four primary customer segments: destination venues (hotels, cinemas, ski resorts, retail parks), workplace (offices and commercial developments), public sector (local authorities, hospitals, universities, transit hubs), and residential (housing associations and apartment blocks). It offers four funding packages — Fully Funded, Full Ownership, Joint Venture, and Charging as a Service — to accommodate customers with different capital appetites, with the Fully Funded model removing upfront cost for property owners in exchange for revenue share.

Underlying the operations is a hardware- and software-agnostic charging platform built on the AMPECO Charge Point Management System, augmented by smart power management technology acquired with BilLader in March 2023 that regulates electricity demand across multiple chargers to avoid peak charges. The company has scaled through both organic growth and acquisitions, growing from 0 to 60,000+ managed charge points in roughly three years via the BilLader (2023), Charge365 (2024), Laddel and Electric Freeway (Q1 2024), and Mer residential portfolio (Q3 2024) transactions. Revenue is generated from per-session transaction fees, managed services, and equipment supply, with reported 370% revenue growth since 2024, +270% YoY gross margin improvement, and 96% of the next year's rollout already secured as of late 2025. The company is privately held, headquartered in Bergen, and backed by Luxembourg-based pan-European green infrastructure fund Marguerite with a €50 million commitment (2022).

Name

Wattif EV AS

Legal name

Wattif EV AS

Website

https://wattifev.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

Wattif EV AS is a Norwegian destination EV charging operator that manages 60,000+ charge points across six European countries, delivering end-to-end planning, installation, and operation for property owners, parking operators, hotels, public sector, and residential customers under four flexible funding models.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Distribution (221122)

SIC

Electric Services (4911)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industries

EV Managed Charging as Demand Response (Residential, Fleet, Workplace) (EUAFAGAL), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF), EV Charging Payment & Reimbursement Programs (Public/Depot Charging) (TLABAMAK)

Keywords

• EV charging infrastructure
• Destination charging
• Charge point management
• EV charging services
• Charging network operation

Headquarters

HQ city

Bergen

HQ country

Norway

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales

Revenue model

1. Charging Transaction Fees: Wattif generates revenue through transaction fees from EV charging sessions. The company shares net revenue with parking space owners according to their chosen funding model (Fully funded, Full ownership, Joint venture, or Charging as a Service).
2. Managed Services: Ongoing operation and daily management of charge points including maintenance, software updates, remote fault handling, and customer support (24/7). Charged as part of service agreements with customers.
3. Installation and Equipment: Revenue from planning, installation, and equipment supply for charging infrastructure. Depending on the chosen package (Fully funded, Full ownership, Joint venture, or Charging as a Service), equipment costs may be borne by Wattif or the customer.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Wattif EV AS operates a pan-European electric vehicle destination charging business, managing the entire value chain from planning and installation through to daily operation and maintenance of charge points. The company delivers charging infrastructure at properties owned by hospitality, commercial, public sector, and residential partners, offering multiple funding models (Fully Funded, Full Ownership, Joint Venture, and Charging as a Service) so partners can choose their level of capital commitment and revenue participation.

Product overview

Wattif EV AS is a pan-European EV destination charging provider offering a comprehensive, full-service charging solution. The core offering is the Wattif Destination Charging platform, which manages the entire value chain including planning, installation, and daily operation of charge points. The company operates across four main business segments: Destination (hotels, entertainment venues, retail), Workplace (offices, commercial), Public Sector (local authorities, universities, hospitals), and Residential (housing associations, apartment blocks). Wattif provides four service packages: Fully Funded (Wattif funds everything and shares revenue), Full Ownership (customer funds and owns, Wattif manages), Joint Venture (shared costs and revenue), and Charging as a Service (fixed monthly fee). The company has grown significantly through acquisitions including BilLader (Norwegian pioneer with smart power management), Charge365 (from Zaptec ASA), and Mer's residential portfolio, reaching over 60,000 managed charge points across Norway, Sweden, Germany, Austria, Ireland, and the UK. The Wattif mobile app (available on iOS and Android) enables users to locate charge points and initiate charging sessions.

Differentiator

Problem solved

Functional benefit

Products and services

• Wattif Destination Charging End-to-end EV charging infrastructure deployment and management for hotels, restaurants, retail parks, sports venues, museums, theme parks, campsites, ski resorts, and other destinations where visitors park for extended periods. Includes planning, installation, operation, and 24/7 support under multiple funding models.
• Wattif Public Sector Charging EV charging deployment and management for local authorities, hospitals, colleges, universities, public car parks, and train stations, supporting community sustainability targets and public infrastructure needs.
• Wattif Workplace Charging Employee and visitor EV charging solutions for offices, workplaces, industrial estates, and commercial developments, providing subsidized charging for staff and revenue opportunities for businesses.
• Wattif Residential Charging EV charging solutions for property developers, housing associations, apartment blocks, and multi-family dwellings, addressing the lack of home charging for apartment residents and supporting fair cost allocation.
• Wattif One-Stop-Shop Service Complete EV charging service covering planning, installation, operation, maintenance, upgrades, and consultancy for parking space owners, providing a single accountable provider across the full asset lifecycle.
• Wattif Consultancy Advisory service for property owners and operators planning EV charging infrastructure, supporting site assessment, technology selection, and deployment strategy.
• Wattif Aftercare & Maintenance
• Wattif Upgrades Hardware and software upgrade service for installed EV charge points, futureproofing existing charging infrastructure as technology and regulatory requirements evolve.

Quantifiable outcome

• Up to 80% of net revenue can be claimed by partners depending on funding option
• +3 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, strategic and minor.

• Mer (Statkraft)coreStrategic or Co-development Partner · 1 August 2024Acquired Mer's Norwegian residential portfolio (housing cooperative charging business) from Statkraft subsidiary in Q3 2024. Made Wattif Europe's largest housing cooperative charging operator with over 100,000 monthly users.
• Charge365 (Zaptec ASA)coreStrategic or Co-development Partner · 1 January 2024Acquired from Zaptec ASA in Q4 2023, making Wattif the largest charge point operator in Scandinavia. Added significant charging points to the network.
• Laddel and Electric FreewaycoreStrategic or Co-development Partner · 1 January 2024Acquired in Q1 2024 along with Electric Freeway portfolio. Added over 4,000 charging points, contributing to growth from 0 to 35,000 charge points in 2 years.
• BilLader AScoreStrategic or Co-development Partner · 1 March 2023Norwegian EV charging pioneer acquired in March 2023. Founded 2013 with 2,000+ charge points at 61 sites. Brought smart power management technology, strong customer base in housing cooperatives, and 10 years of expertise.
• EFUEL SwedenstrategicChannel Partner/ Reseller/ Distributor · 1 January 2023Leading Swedish retailer and distributor of EV charging equipment. Partnership announced Q3 2023 to expand Wattif's reach in the Swedish market through hardware distribution and installation services.
• AMPECOcoreTechnology or IntegrationEV charging software provider (Charge Point Management System) powering Wattif's network across 60+ markets. AMPECO handles migration of acquired systems and manages over 120,000 charge points. Wattif migrated to AMPECO's platform after consolidating eight legacy systems.
• Pure EnergyminorStrategic or Co-development PartnerRenewable energy provider supplying 100% green electricity (from wind, solar, biomass, and hydropower) for Wattif's charging infrastructure. Guarantees certified renewable electricity for managed charging points.
• AmpecocoreTechnology or IntegrationSoftware partnership for Charge Point Management System. Allows Wattif to tailor operations per market (Norway, Germany, Sweden) without rebuilding entire systems. Enables best-in-class user experiences across hardware diversity.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Allego: European public and destination charging operator with pan-European footprint across thousands of charge points. Directly comparable to Wattif on geography, business model (CPO with roaming and CPMS), and target customer base (real estate, retail, public sector).
• Virta: Finnish EV charging platform operator offering managed charging services, CPMS software, and roaming across Europe. Competes directly with Wattif in the Nordic and broader European charging-platform market with similar enterprise and B2B focus.
• Zaptec: Norwegian-origin EV charging hardware and cloud platform company serving Nordic and European markets. Comparable on Nordic focus, EV charging software capabilities, and residential/workplace segment overlap (Zaptec previously owned Charge365 before Wattif acquired it).

Broad incumbents

• ChargePoint: Large publicly-listed North American EV charging network with expanding European presence. Competes broadly in the same enterprise charging and software (CPMS) categories but at significantly larger scale and with a different geographic center of gravity.
• EVBox: European EV charging hardware and software provider owned by Engie. Overlaps with Wattif across AC destination charging, workplace, and CPMS software offerings, but operates at much larger scale and with broader utility backing.
• IONITY: Pan-European high-power charging (HPC) network joint venture of automakers (BMW, Mercedes, VW, etc.). Compares to Wattif on European footprint and partnership-led GTM, though focuses on DC fast charging along highways rather than destination AC.
• Shell Recharge (Ubitricity / Shell Mobility): Shell's European EV charging network combining acquired assets like Ubitricity (lamppost charging) with Shell's fuel-station network. Overlaps with Wattif on destination and on-street charging across the same European geographies, but with substantially larger balance-sheet backing.

Emerging players

• Easee: Norwegian smart EV charger manufacturer and platform with strong residential and workplace focus in the Nordics. Comparable on Nordic origin, hardware-agnostic platform philosophy, and residential/condo target market overlap with Wattif.
• Wallbox: Spanish-origin smart EV charging solutions provider with European and global presence across residential and commercial segments. Competes in workplace and destination charging categories with comparable hardware-plus-software model.

Regional players

• Elaway: Norwegian destination EV charging operator focused on housing cooperatives and residential properties. Highly comparable to Wattif's residential/WBG segment and directly competes in Norway for the same housing-cooperative customer base.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/wattif.ev
• LinkedInlinkedin.com/company/80733919

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wattif EV AS