MOLE
MOLE (trading name of IPFT Fuels Limited) is a UK-based developer of autonomous robotic EV charging systems that pair a ground-mounted unit with a reversible vehicle adapter to enable cable-free charging for commercial fleets, site owners, local authorities, and OEMs.
- Company typePrivate
- Founded2020
- HeadquartersMaidenhead, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What MOLE does
MOLE (a trading name of IPFT Fuels Limited) is a UK-based EV charging technology company founded in 2020 that develops hands-free, autonomous robotic charging systems for electric vehicles. The system pairs a ground-mounted charging unit with a vehicle-side ACD-U integration kit (a changeover switch plus a reversible inlet adapter fitted to the undercarriage) so that an EV charges automatically once parked over the unit, with no cable handling, trip hazards, or manual plug-in time. The ground unit is designed to be installed in any environment — indoor, outdoor, above ground, underground, or on street — with power capacity upgradable as fleets grow, and an air quality sensor option is available for underground installations.
The company sells hardware (ground units and vehicle adapter kits) primarily to commercial fleet operators, site owners, local authorities, and automotive OEMs. Pricing is quote-based and not publicly disclosed; the company has described a value proposition of saving up to one hour per day per van by eliminating manual plug/unplug time. Distribution is direct enterprise sales, supported by a UK headquarters in Maidenhead, an R&D lab at the Surrey Technology Centre in Guildford, a European office in Dublin, and a North American business development presence in Boulder, Colorado established in November 2021. A potential adjacent revenue stream is monetisation of air quality data collected at tailpipe level through integrated sensors.
MOLE is an early-stage, privately held company with 1-10 employees and no disclosed revenue. Funding to date has come primarily from non-dilutive UK public and research grants — including T-TRIG (Department for Transport), Innovate UK SBRI, Innovate UK/OZEV, EPSRC (with Cardiff University), EnterpriseM3 LEP, and Collab21 (with GCARE at the University of Surrey) — rather than traditional equity venture rounds; a $50,000 investment from Connected Places Catapult was recorded in August 2024. The company has research and commercial partnerships with TRL (including the Smart Mobility Living Lab), WMG Warwick, Cardiff University, and GCARE, holds a granted UK patent from September 2021, became an SMMT Associate member in June 2022, and began real-world delivery-van trials in October 2021 with an unnamed top-tier grocery delivery fleet.
MOLE firmographics
Firmographics- Name
- MOLE
- Legal name
- IPFT Fuels Limited
- Website
- https://mole.energy
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MOLE (trading name of IPFT Fuels Limited) is a UK-based developer of autonomous robotic EV charging systems that pair a ground-mounted unit with a reversible vehicle adapter to enable cable-free charging for commercial fleets, site owners, local authorities, and OEMs.
- Ownership category
- akta.pro rank
MOLE industry classification
Industry- Product category
- EV Charging Infrastructure
- NAICS
- Current-Carrying Wiring Device Manufacturing (335931), Relay and Industrial Control Manufacturing (335314), Parking Lots and Garages (81293)
- SIC
- Switchgear & Switchboard Apparatus (3613), Auto Controls For Regulating Residential & Comml Environments (3822)
- akta.pro primary industry
- EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)
- akta.pro secondary industries
- Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC) (IMACAJAK), EV Charging Operations & Parking-Lot Electrification Management (BPABAKAK), EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet) (TLAKAMAE)
Keywords
Where MOLE is headquartered
LocationHeadquarters
- HQ city
- Maidenhead
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
MOLE business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations
Revenue model
- Hardware Sales - Ground Units: Sale of MOLE ground units for installation at sites. Units can be installed in various locations and power capacity can be upgraded as fleets grow.
- Vehicle Adapter Systems: Sale of AC-U inlet adapters and changeover switches for vehicle integration post-registration. Adapters are reversible and support existing OEM charging ports.
- Air Quality Data Services: Potential data monetization through air quality sensor integration, collecting pollution data at tailpipe level for analysis.
Go-to-market motion3 records
Distribution channels2 records
Marketing channels4 records
MOLE product offering
Product offeringCore offering
MOLE designs and sells an automated, hands-free EV charging system consisting of a ground-based charging unit installed at parking locations and a vehicle-side ACD-U integration kit (changeover switch plus reversible inlet adapter). Vehicles simply park over the unit and charging occurs autonomously with no cables. The system is sold to commercial fleet operators, site owners, local authorities and OEMs to eliminate manual plug/unplug time, cable trip hazards and cable handling in depot, street and on-site charging deployments.
Product overview
MOLE offers a unified hands-free EV charging system consisting of the MOLE Transforming Charging System (comprising a ground unit installed at parking locations) and the ACD-U Integration System for vehicles. The ground unit provides autonomous robotic charging without cables, while the ACD-U system (including a changeover switch and inlet adapter) adapts existing EVs to work with MOLE charging. Vehicles can be easily adapted post-registration, with the adapter being reversible and retaining use of the existing OEM charging port.
Differentiator
Problem solved
Functional benefit
Products and services
- MOLE Transforming Charging System Automated, hands-free, fully autonomous EV charging system in which vehicles simply park over the ground unit and charging occurs without cables or driver intervention, saving up to 1 hour per day per van. Designed for commercial fleet operators, site owners, local authorities and OEMs across indoor, outdoor, above-ground, underground and on-street deployments.
Quantifiable outcome
- Saves up to 1 hour per day per van
Companies that use MOLE
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
MOLE technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
MOLE partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered supporting, minor and core.
- SMMT (Society of Motor Manufacturers and Traders)supportingJoined as Associate member in June 2022, gaining access to network of 800+ automotive sector companies and industry advocacy platform through engagement with government and media.
- Autotech CouncilsupportingInvited to pitch at Autotech Council Spotlight on Fleet Electrification event, engaging with fleet electrification experts from Avanta Ventures and Nissan.
- Global Action PlanminorCollaborated on Clean Air Day 2022 alongside Buckingham Business First and Buckingham Council at University of Buckingham.
- TRL (Transport Research Laboratory)corePartnership with TRL to bring autonomous charging to market. MOLE joined TRL's Smart Mobility Living Lab (SMLL), a London-based connected environment for testing transport solutions. Collaboration includes Innovate UK/OZEV funded project for zero emission vehicle infrastructure.
- WMG WarwickcoreCollaboration with WMG, the research department of Warwick University known for automotive development partnerships, to advance autonomous charging technology.
- GCARE (Global Centre for Clean Air Research, University of Surrey)coreCollab21 grant partnership to integrate air quality sensors in MOLE underground systems, collecting pollution data at tailpipe level for accurate street-level measurement.
- Surrey Technology CentresupportingMOLE Lab established at Surrey Technology Centre, joining cutting-edge businesses at major centre of excellence in technology, science, health and engineering.
- Cardiff UniversitycorePartnership with Cardiff University to win EPSRC grant for research. CEO Auroskanda Vepari presented at DTE Network hosted by Cardiff's Electric Vehicle Centre of Excellence.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
MOLE competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
MOLE social profiles
Digital presenceMOLE financial estimates
Financial estimateRevenue estimate
Valuation estimate
MOLE leadership team
Management profileNumber of profiles
Profiles3 records
MOLE funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MOLE 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 MOLE
What does MOLE do?
MOLE designs and sells an automated, hands-free EV charging system consisting of a ground-based charging unit installed at parking locations and a vehicle-side ACD-U integration kit (changeover switch plus reversible inlet adapter). Vehicles simply park over the unit and charging occurs autonomously with no cables. The system is sold to commercial fleet operators, site owners, local authorities and OEMs to eliminate manual plug/unplug time, cable trip hazards and cable handling in depot, street and on-site charging deployments.
Is MOLE a public or private company?
MOLE is a private company. It is classified as venture growth investor backed and is currently operating.
When was MOLE founded?
MOLE was founded in 2020. It employs 1 to 10 people.
Where is MOLE based?
MOLE is headquartered in Maidenhead, United Kingdom, in the Europe region.
How does MOLE make money?
Three revenue lines are on record. Hardware Sales - Ground Units are the primary driver. The others are vehicle Adapter Systems and air Quality Data Services.
Does MOLE have an API?
No public API is recorded for MOLE.
What industry is MOLE in?
MOLE's product category is EV Charging Infrastructure. Its primary akta.pro industry code is IMACACAE, EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers), with a secondary code of IMACAJAK, Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC). Its NAICS code is 335931 and its SIC code is 3613.