Inelectric

What Inelectric does

Inelectric S.r.l. is a private Italian mechatronics engineering firm headquartered at Corso Garibaldi 27, Potenza (Basilicata), with a secondary innovation office opened in Matera in December 2024. Founded circa 2019 by engineer Francesco Iantorno (Amministratore Unico), the company designs and delivers sustainable energy and electric-mobility systems across three technological pillars: (i) renewable generation — turnkey photovoltaic installations, agrivoltaic surface-right lease arrangements (€2,000–3,500/hectare/year over 30-year terms), and the M-TAV vertical-axis micro wind turbine with 3D bio-compatible membrane blades (0.93 m² profile, ~0.500 kg blade); (ii) energy storage — the "Warehouse Exergy" compressed air energy storage (CAES) concept, presented at Expo Dubai 2022 and described as scalable from tens to hundreds of megawatts with zero environmental impact; and (iii) electric mobility — the ministerially accredited INe500 plug-&-play retrofit kit for vintage Fiat 500 vehicles and the Maradea hybrid nautical kit. In November 2023 Inelectric became the first company in Basilicata and among the first four in Italy to receive Ministry of Transport (MIT) authorization to construct electric requalification systems for vehicles, formalized against IAF codes 18-19-28.

The business model blends hardware sales (photovoltaic systems, retrofit kits, M-TAV micro wind units) with professional services (mechatronics engineering consulting, 3D design/prototyping, small-batch production, remote motor assistance) and grant-administration services supporting customers' applications under programs such as Conto Termico 3.0 and the Basilicata "Bando non metanizzati" (where a 3 kW PV plus air-conditioner package is priced at €500 plus connection fees against regional grants of up to €7,500). Go-to-market is sales-led and event-driven through direct installation services in Basilicata and through trade-fair presence at Key Energy (Rimini), Salone Auto Torino, and the Fiera delle Auto d'Epoca di Bologna, supplemented by regional earned media (RAI TGR Basilicata) and a strategic partnership with Galileo Protocol enabling cryptocurrency payment for the 500 INELECTRIC EV. Customer segments are diversified across residential/SMB photovoltaic buyers (~200+ served), agricultural landowners pursuing agrivoltaic leases, industrial clients requiring mechatronics engineering, and vintage Fiat 500 enthusiasts.

Quality and regulatory credentials include UNI EN ISO 9001:2015 (June 2025) covering PV system design and installation, engineering services, and the manufacture/assembly of electric requalification systems, as well as ESCO certification UNI CEI 11352 from GSE, which positions the firm to bid on Energy Performance Contract (EPC) engagements. The company is co-development-aligned with the University of Basilicata (M-TAV testing since March 2024) and a training partner of ITS Efficienza Energetica Basilicata. Capitalization is founder-controlled with no disclosed institutional investors; the only external funding on record is a €34,046.65 regional innovation grant from Regione Basilicata (D.G.R. 167/2022).

Name

Inelectric

Legal name

Inelectric S.r.l.

Website

https://inelectric.it

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Inelectric S.r.l. is a Basilicata-based mechatronics engineering firm designing photovoltaic systems, micro wind turbines, compressed air energy storage, and ministerially accredited electric retrofit kits for vintage Fiat 500 vehicles, serving residential, agricultural, and industrial customers in southern Italy.

Ownership category

akta.pro rank

Product category

Renewable Energy Engineering Services

NAICS

Motor and Generator Manufacturing (335312), Electrical Equipment Manufacturing (33531)

SIC

Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ)

akta.pro secondary industries

Automotive Power Electronics & Inverters/Converters Manufacturing (IMACAJAE), Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing (IMACAOAC), Powertrain Electronics & Controls Remanufacturing (ECUs/TCUs, Mechatronics) (TLAKALAJ)

Keywords

• Electric vehicle retrofit
• Photovoltaic installation
• Mechatronics engineering
• Renewable energy storage
• Sustainable mobility solutions

Headquarters

HQ city

Potenza

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Photovoltaic Systems Installation: Design, installation, and commissioning of photovoltaic systems for residential, commercial, and industrial customers. Includes feasibility studies, project engineering, and post-installation support.
2. Electric Retrofit Kits: Sale of plug & play electric conversion kits for vintage vehicles, particularly Fiat 500. Includes ministerial accreditation for homologation.
3. Engineering Services: Mechatronics engineering consulting including design of integrated propulsion and traction systems, hybrid and electric solutions for naval and industrial mobility, industrial research projects, and remote assistance for electric motors.
4. Conto Termico 3.0 Support Services: Technical support for accessing thermal account incentives, including preliminary analysis, customized design, GSE practice management, and results monitoring.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Inelectric S.r.l. is a mechatronics engineering company that designs, manufactures, and installs sustainable energy and electric mobility solutions. Its core offerings include the IN&500 plug-and-play retrofit kit for converting vintage Fiat 500 vehicles to electric propulsion, the Maradea hybrid nautical kit, the M-TAV vertical axis micro wind turbine, the Warehouse Exergy compressed air energy storage system, and turnkey photovoltaic and agrivoltaic installations for residential, commercial, and industrial customers in Italy. The company also provides mechatronics engineering consulting, 3D prototyping, and testing services.

Product overview

Inelectric is a mechatronic engineering company offering a portfolio of sustainable mobility and renewable energy products and services. Core products include the IN&500 Retrofit Kit for converting vintage Fiat 500 vehicles to electric propulsion (accredited by the Italian Ministry of Transport), the M-TAV vertical axis wind turbine for urban environments, and the Warehouse Exergy compressed air energy storage system. The company also provides photovoltaic and mini-wind installations, the Maradea hybrid nautical kit, and agrivoltaic solutions. Engineering services encompass mechatronic system design, prototyping, 3D printing, and testing. All offerings are tied together by a commitment to sustainability and circular economy principles, primarily serving the Basilicata region of Italy.

Differentiator

Problem solved

Functional benefit

Brands

• Warehouse Exergy: High exergy compressed air energy storage solution that uses surplus renewable energy to compress air for later use in turbines during peak demand.
• INe500
• MTAV System
• Maradea

Products and services

• IN&500 Retrofit Kit Plug-and-play electric retrofit kit for converting vintage Fiat 500 vehicles (and variants) to 100% electric propulsion. The system replaces the combustion engine while preserving the original car structure and gearbox. Ministerially accredited by the Italian Ministry of Transport for vehicle requalification (IAF 18-19-28).
• Maradea Hybrid Nautical Kit Hybrid retrofit kit for nautical and marine applications, enabling conversion of boats to hybrid electric propulsion systems.
• M-TAV System (Micro Vertical Axis Wind Turbine) Vertical axis micro wind turbine for sustainable urban energy generation. Features 3D-shaped thermoformed membrane panels (0.93 m² surface, ~0.500 kg blade weight), bio-compatible and fully recyclable materials. Complementary to photovoltaic systems for residential, commercial, and industrial applications.
• Warehouse Exergy Compressed air energy storage system (CAES). Surplus renewable energy compresses air stored in various reservoirs; during peak demand, expanded air drives electric generators. Scalable from tens to hundreds of megawatts. Uses air as thermodynamic fluid with zero environmental impact. Replicable underground (depleted gas/oil wells, geological formations, tunnels), underwater (inflatable tanks), or on-ground (silos, piping, tanks).
• Photovoltaic Systems (Impianti Fotovoltaici) Custom photovoltaic installations including engineering design, site assessment, professional installation, grid connection with E-Distribuzione, and ongoing maintenance support. Includes 10-year All Risks insurance on installations. Operates as approved installer for regional incentive programs (Bando non metanizzati, Bando agrisolare).
• Agrivoltaic Systems Agrivoltaic system combining agricultural production with photovoltaic energy generation on the same land. Surface rights agreements for 30-year contracts with annual lease payments typically ranging from €2,000 to €3,500 per hectare.
• Mechatronic Engineering Services Comprehensive engineering consulting including design of integrated mechatronic propulsion and traction systems, hybrid and electric solutions for sustainable mobility (naval and industrial), industrial research project management, 3D design, prototype realization, testing, small series production, maintenance on electric motors and remote controls, and virtual after-sale agency.
• Innovation and 3D Printing Services Additive manufacturing and prototyping services supporting product innovation, design iteration, and small-scale production of mechatronic components.

Quantifiable outcome

• Basilicata has 1259 MW installed wind power and 800 MW photovoltaic capacity - highest per capita in Italy
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• CNR-IMAAminorStrategic or Co-development Partner · 26 September 2025Collaboration with CNR-IMAA (Institute of Methodology for Environmental Analysis) for the European Researchers' Night 2025, specifically the sustainability laboratory.
• Cluster Lucano AutomotivecoreStrategic or Co-development Partner · 19 February 2025Francesco Iantorno (CEO) nominated as councilor, representing Inelectric in the regional automotive cluster for sustainable mobility initiatives.
• Galileo ProtocolcoreGTM or Marketing Partner · 25 October 2024Strategic partnership for cryptocurrency payments enabling customers to purchase the 500 INELECTRIC electric vehicle using cryptocurrencies. Galileo Protocol is one of the first automotive portals to integrate cryptocurrency payments.
• University of Basilicata (UNIBAS)coreStrategic or Co-development Partner · 22 March 2024M-TAV vertical axis wind turbine testing partnership. The M-TAV System experimentation began March 22 at the University of Basilicata campus in Potenza. University provides testing infrastructure and research collaboration.
• ITS Efficienza Energetica BasilicatacoreStrategic or Co-development Partner · 21 September 2022Training partnership with ITS Energy Efficiency school in Potenza and Corleto Perticara to develop new talent in sustainable energy. Supports student internships and skill development programs.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Electric Classic Cars: UK specialist converting vintage and classic cars (including Minis and Fiat 500s) to electric propulsion with plug & play kits — a near-identical business model to Inelectric's INe500 offering, including conversion engineering, installation, and homologation support.
• EV West: US supplier of EV components and complete conversion solutions for classic cars, along with engineering services — comparable combined product-and-service approach to Inelectric's kit hardware plus mechatronics engineering support.
• Lunaz: UK-based company that converts luxury classic vehicles (Rolls-Royce, Jaguar, Bentley, Range Rover) to electric powertrains, directly analogous to Inelectric's INe500 vintage Fiat 500 retrofit kit. Both target the niche of preserving iconic vehicle design while replacing the combustion powertrain with electric propulsion.
• Zelectric Motors: US-based company that converts vintage air-cooled Volkswagens (Beetles and Microbuses) to electric drivetrains — same classic-car EV conversion archetype as Inelectric, including homologation work for road-legal conversions of pre-Euro classics.
• Everrati: UK-based engineering firm focused on electrifying classic and iconic cars (Porsche 911, Mercedes-Benz SL, Range Rover, GT40) targeted at premium vintage vehicle owners — comparable premium-leaning retrofit positioning to Inelectric's Fiat 500 d'epoca niche.

Broad incumbents

• Bosch Engineering: German automotive engineering services arm of Bosch providing mechatronics development, prototype realization, and testing for powertrain and vehicle electrification — comparable to Inelectric's core mechatronics engineering consulting capability, but delivered as part of a much wider industrial portfolio.
• ZF Group: Global Tier-1 automotive supplier of drivetrain, chassis, and active safety technology, including e-mobility modules and integrated electric powertrains — overlaps directly with Inelectric's hybrid powertrain integration focus (Maradea and INe500), but ZF operates at vastly greater scale across OEM platforms.
• Enel X: Italy-based energy services arm of Enel Group offering residential PV installation, energy efficiency, and EV charging — directly overlapping Inelectric's PV installation and energy services business in the same Italian market, but as part of a national-scale utility portfolio.
• SunPower: Global residential and commercial solar PV company providing high-efficiency panels and installer networks — comparable broad capability to Inelectric's PV installation offering, though at much larger scale with proprietary panel technology rather than mechatronics consulting.

Regional players

• Edison: Italy's oldest energy company with residential electricity, gas, and emerging PV installation offerings — overlapping Inelectric's regional PV and energy efficiency business but serving multi-region Italy rather than just Basilicata.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/inelectric

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Inelectric