Evatran Group
Evatran Group is a Houston-based wireless EV charging company that builds hands-free proximity charging systems for electric vehicle owners, primarily serving the residential home-charging market under the Plugless Power brand.
- Company typePrivate
- Founded2009
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
What Evatran Group does
Evatran Group, founded in 2009 and headquartered in Houston, Texas, develops wireless electric vehicle (EV) charging technology marketed under the Plugless Power brand. The company's product is a hands-free proximity charging system that uses inductive power transfer to charge electric vehicles without a physical cable connection, primarily serving EV owners in residential/home installations — the leading deployment category for the product line. Evatran is identified in third-party market research as a key participant in the global wireless EV charging market, competing alongside Continental AG, Robert Bosch GmbH, Toyota, Qualcomm, Witricity, and Electreon.
The company operates a hardware-sales revenue model, selling wireless charging equipment and systems to end customers. Pricing is not publicly disclosed. The company's customer segmentation is horizontal, targeting both EV owners as a persona and residential/home charging as a primary use case. No distribution channels, marketing channels, named customer logos, patents, certifications, or product portfolio detail are disclosed in the source data, and no API, SDK, or software integrations exist.
Evatran has raised approximately $7.84 million across two funding rounds in 2015 and 2016, both led by Zhejiang VIE Science and Technology Company, a Chinese technology firm. The company maintains a small operating footprint of 11-50 employees. The addressable market is large and growing rapidly: the global wireless EV charging market was valued at approximately $466 million in 2023, with projections ranging from $12.4 billion by 2033 (38.6% CAGR) to $33.6 billion by 2034 (89.3% CAGR) depending on the research source.
Evatran Group firmographics
Firmographics- Name
- Evatran Group
- Website
- https://pluglesspower.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Evatran Group is a Houston-based wireless EV charging company that builds hands-free proximity charging systems for electric vehicle owners, primarily serving the residential home-charging market under the Plugless Power brand.
- Ownership category
- akta.pro rank
Evatran Group industry classification
Industry- Product category
- Wireless EV Charging Equipment
- NAICS
- Current-Carrying Wiring Device Manufacturing (335931)
- SIC
- Electronic Coils, Transformers & Other Inductors (3677)
- akta.pro primary industry
- EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)
- akta.pro secondary industries
- Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC) (IMACAJAK)
Keywords
Where Evatran Group is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Markets served
Evatran Group business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Wireless EV Charging Hardware: Sale of wireless EV charging equipment and systems for electric vehicles
Evatran Group product offering
Product offeringCore offering
Evatran Group designs, manufactures, and sells wireless (inductive) proximity charging systems for electric vehicles under the Plugless Power brand. The system enables EV owners to charge their vehicles automatically by parking over a charging pad, removing the need to physically plug in a cable. The company's offerings target passenger EV applications, with home/residential installations identified as the leading deployment category.
Product overview
Evatran Group is a player in the wireless electric vehicle (EV) charging market. The company is identified in third-party market research reports as a key participant in this industry, alongside competitors such as Witricity, Continental AG, Toyota Motor Corporation, Robert Bosch GmbH, and Electreon. No specific product names, models, or detailed product portfolio information were available in the source data.
Differentiator
Problem solved
Functional benefit
Companies that use Evatran Group
Customer profileSegments2 records
Ideal customer profiles1 record
Evatran Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Evatran Group partnerships and signals
Strategic signalScale indicators3 records
Recent moves3 records
Expansion highlights3 records
Evatran Group competitors and assessment
Company assessmentDirect peers
- WiTricity: Direct peer in wireless EV charging technology, focused on highly resonant inductive power transfer for automotive applications; competes head-to-head with Evatran's Plugless Power offering for OEM and consumer wireless charging deployments.
- Electreon: Direct peer developing wireless EV charging solutions, with primary focus on dynamic in-road and stationary wireless charging for passenger and commercial EVs; comparable to Evatran in core wireless charging technology and target customer segments.
Broad incumbents
- Qualcomm (Halo wireless EV charging): Tier-1 technology incumbent with a wireless EV charging program (Halo) that historically competed directly with Evatran's Plugless Power; offers Evatran a benchmark for how a well-capitalized incumbent approached the same wireless EV charging opportunity.
- Continental AG: Major automotive supplier that has been cited alongside Evatran as a key participant in wireless EV charging; competes via broader automotive electronics portfolio and global OEM relationships that Evatran cannot match.
- Robert Bosch: Global automotive Tier-1 with extensive EV charging hardware portfolio; cited in the same wireless EV charging market reports as Evatran and represents the kind of well-resourced competitor that constrains Evatran's market access.
- Toyota Motor Corporation: OEM cited alongside Evatran in wireless EV charging market reports; relevant as a potential partner/competitor integrating wireless charging into factory-equipped EVs — exactly the integration path Evatran's growth depends on.
- ABB E-mobility: Incumbent EV charging infrastructure provider serving commercial and fleet customers; tangential to wireless charging but competes for the same overall EV charging hardware budget and customer relationships.
- ChargePoint: Established EV charging network and hardware provider with broad consumer and fleet footprint; competes indirectly for the residential and small commercial charging dollar that Evatran also targets.
Emerging players
- HEVO Power: Early-stage wireless EV charging company focused on both consumer and fleet applications; comparable to Evatran as a niche wireless charging specialist pursuing similar early adopter and fleet customers.
- InductEV (formerly Momentum Wireless Power): Wireless charging specialist targeting commercial fleets and transit applications; another emerging wireless EV charging player pursuing adjacent use cases that overlap with Evatran's roadmap.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Evatran Group social profiles
Digital presenceEvatran Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evatran Group leadership team
Management profileNumber of profiles
Evatran Group funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evatran Group 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 Evatran Group
What does Evatran Group do?
Evatran Group designs, manufactures, and sells wireless (inductive) proximity charging systems for electric vehicles under the Plugless Power brand. The system enables EV owners to charge their vehicles automatically by parking over a charging pad, removing the need to physically plug in a cable. The company's offerings target passenger EV applications, with home/residential installations identified as the leading deployment category.
Is Evatran Group a public or private company?
Evatran Group is a private company. It is classified as venture growth investor backed and is currently operating.
When was Evatran Group founded?
Evatran Group was founded in 2009. It employs 11 to 50 people.
Where is Evatran Group based?
Evatran Group is headquartered in Houston, United States, in the North America region.
How does Evatran Group make money?
One revenue line is on record: wireless EV Charging Hardware.
Who are Evatran Group's main competitors?
Direct peers on record are WiTricity and Electreon. Broad incumbents are Qualcomm (Halo wireless EV charging), Continental AG, Robert Bosch, Toyota Motor Corporation, ABB E-mobility and ChargePoint. Emerging players are HEVO Power and InductEV (formerly Momentum Wireless Power).
Does Evatran Group have an API?
No public API is recorded for Evatran Group.
What industry is Evatran Group in?
Evatran Group's product category is Wireless EV Charging Equipment. Its primary akta.pro industry code is IMACACAE, EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers), with a secondary code of IMAGAHAH, Charging Infrastructure Components (connectors, cables, dispensers, payment/controls). Its NAICS code is 335931 and its SIC code is 3677.