Aetherev 🇨🇦

What Aetherev 🇨🇦 does

ætherEV Energy Corporation is a privately held Canadian EV charging company headquartered in Vancouver, British Columbia, that develops, manufactures, and distributes a vertically integrated portfolio of Level 2 AC and Level 3 DC fast chargers combined with a cloud-based charging management software platform (æther Network). The company targets three primary customer verticals: property developers and multi-unit residential stakeholders (apartments, condos, strata councils), automotive dealerships, and workplaces, with a secondary use case in fleet electrification. Its hardware line spans the Arc Plus (11.5kW L2), Arc Plus Pro (19.6kW L2), Arc Cube (30kW DC fast), Arc Neo (100kW DC fast), and Arc Nebula (180–240kW ultra-fast, manufactured in Korea), all certified to UL and related North American safety standards, and all managed through the proprietary æther Network software that supports smart load distribution, dynamic load adaptation, circuit sharing, remote station management, and OCPP 1.6/2.0.1 interoperability.

The company's go-to-market combines a direct enterprise field-sales motion (via website contact forms, site consultation, and project management) with a Direct Channel Partner Program comprising certified electrical installation partners across British Columbia, including Relight Solutions, BEVO, Mustang, Reliable Electric, and Hilltop. Revenue is generated through four streams: (1) hardware sales of L2 and L3 chargers, (2) a 10% transaction fee on credit card charging revenue with 90% rebated to charger owners monthly, (3) a CAD 100/year per-network software license after a complimentary first year, and (4) embedded payments licensing via the FintechWerx partnership, plus a carbon-credit monetization arrangement. The company was first deployed in November 2023 in BC, claims a cumulative install base of approximately 300 chargers by 2024, and publicly aspires to install 1,000,000 chargers across the US and Canada.

Leadership is co-founded by CEO Jerry Lai and Chief Business Officer Melanie Clarance, with Steven Hitchinson (formerly Tesla's Supercharger network lead in Canada) as COO since June 2024. The board includes former Canadian Minister Peter MacKay, and strategic advisors include former BC Deputy Premier Kevin Falcon and former Lyft Canada leader Peter Lukomskyj, giving the firm unusually senior policy and scale-stage operating depth relative to its current revenue scale. The company has been recognized as a 2025 New Ventures BC Round 2 Finalist and a VanTec Angel Network Pitching Finalist, and claims operating geographies spanning Canada, the United States, and Australia, though deployments outside Canada are not documented.

Name

Aetherev 🇨🇦

Legal name

ætherEV Energy Corporation

Website

https://aetherev.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

ætherEV is a Vancouver-based Canadian EV charging company that designs, manufactures, and distributes Level 2 and Level 3 DC fast chargers, plus the cloud-based æther Network management software, serving property developers, auto dealers, workplaces, and fleet operators across Canada through direct sales and a certified channel partner network.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure

NAICS

Relay and Industrial Control Manufacturing (335314)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)

akta.pro secondary industries

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), Charging Network Operators & CPOs Offering Smart Charging/V2G (EUAFAMAD), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF)

Keywords

• EV charging hardware
• DC fast charging
• Smart charging network
• EV charging software
• Fleet electrification

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales: ætherEV sells a range of EV charging hardware including Level 2 AC chargers (Arc Plus 11.5kW, Arc Plus Pro 19.6kW) and Level 3 DC fast chargers (Arc Cube 30kW, Arc Neo 100kW, Arc Nebula 180kW/240kW). Hardware is sold directly to property owners, developers, auto dealers, and workplaces through its channel partner network. The company retains no upfront commissioning fees.
2. Transaction Fee / Revenue Sharing: ætherEV retains 10% of credit card revenue generated from EV charging sessions, disbursing the remaining 90% to charger owners monthly. This provides a recurring transaction-based revenue stream as the charging network grows.
3. Software Subscription: Annual software licensing fee of CAD 100 per year after the first complimentary year. The software provides remote management, smart billing, load distribution, and metering capabilities for charger operators.
4. Embedded Payments Licensing: Through a partnership with FintechWerx, ætherEV integrates embedded payment processing services into its charging platform, enabling secure real-time processing of multiple payment methods in a PCI DSS Level 1 environment as part of its EV charging and energy platform.
5. Carbon Credit Monetization: ætherEV utilizes a qualified third party to validate and monetize carbon credits generated by its EV charging network, which distribute clean energy. This represents an additional revenue opportunity leveraging the environmental benefits of EV charging.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

ætherEV designs, manufactures, and sells Level 2 AC and Level 3 DC fast EV charging hardware (Arc Plus, Arc Plus Pro, Arc Cube, Arc Neo, Arc Nebula) and provides the æther Network smart charging management software platform for remote monitoring, smart load distribution, dynamic billing, and payment processing. The vertically integrated offering is sold to property developers, auto dealers, workplaces, and fleet operators, with installation and maintenance delivered through a certified channel partner program across Canada.

Product overview

Aetherev (ætherEV) is a Canadian EV charging company offering a vertically integrated solution combining hardware chargers and software management. The product portfolio includes four main hardware lines: Arc Plus (11.5kW Level 2 AC), Arc Plus Pro (19.6kW Level 2 AC), Arc Cube (30kW Level 3 DC), Arc Neo (100kW Level 3 DC), and Arc Nebula (180-240kW Level 3 ultra-fast DC). These are managed through the æther Network smart charging management software platform, which provides remote management, load balancing, billing, and reporting capabilities. The ecosystem is accessed via the aetherEV mobile app for drivers. The company targets property developers, auto dealers, workplaces, and multi-unit residential buildings across Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Arc Plus

Quantifiable outcome

• Charges 50-100% faster than average EV charger (Arc Plus 11.5kW Level 2)
• +5 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• FintechWerx International Software ServicescoreTechnology or Integration · 26 January 2026Five-year licensing agreement integrating FintechWerx's gateway software and transaction processing services into ætherEV's EV charging and energy platform. FintechWerx serves as the underlying payments infrastructure enabling secure, real-time processing of multiple payment methods in a PCI DSS Level 1 environment. This deal marks ætherEV's strategic entry into the global EV charging infrastructure market.
• Relight Solutions LtdcoreChannel Partner/ Reseller/ Distributor · 29 November 2023Relight Solutions Ltd serves as ætherEV's primary channel partner in British Columbia, responsible for the distribution, installation, and maintenance of ætherEV's EV chargers in BC, Canada. This partnership enabled ætherEV's first wave of successful charger deployments in the province.
• BEVO ElectricalminorChannel Partner/ Reseller/ DistributorCertified electrical installation partner within ætherEV's Direct Channel Partner Program, providing EV charging infrastructure installation and support services.
• Mustang ElectricalminorChannel Partner/ Reseller/ DistributorCertified electrical installation partner within ætherEV's Direct Channel Partner Program, providing EV charging infrastructure installation and support services.
• Reliable ElectricminorChannel Partner/ Reseller/ DistributorCertified electrical installation partner within ætherEV's Direct Channel Partner Program, providing EV charging infrastructure installation and support services.
• Hilltop ElectricalminorChannel Partner/ Reseller/ DistributorCertified electrical installation partner within ætherEV's Direct Channel Partner Program, providing EV charging infrastructure installation and support services.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Blink Charging: Blink Charging operates one of the largest networked EV charging portfolios in North America, selling Level 2 and DC fast hardware plus Blink Network software — directly competing with ætherEV in commercial, workplace, and multi-family charging deployments.
• Wallbox: Wallbox designs and manufactures smart EV chargers (Pulsar Plus, Commander 2) and operates the Electromaps network — directly comparable to ætherEV's smart Level 2 chargers and cloud management platform targeting residential, multi-unit, and commercial customers.
• ChargePoint: ChargePoint is the largest North American EV charging network operator with a broad portfolio of Level 2 and DC fast chargers plus a cloud management platform — directly comparable to ætherEV's vertically integrated hardware/software offering across commercial and multi-unit residential use cases.
• FLO: FLO is a leading Canadian EV charging network headquartered in Quebec, offering Level 2 and DC fast chargers with its own software platform and network services — a direct domestic competitor serving the same Canadian commercial, residential, and fleet customer segments as ætherEV.
• SemaConnect: SemaConnect (now part of Blink Charging) provides networked Level 2 EV charging solutions targeted at workplaces, multifamily, and fleet customers with a comparable software-management model — directly comparable to ætherEV's commercial/MURB go-to-market.
• Tesla (Supercharger / Wall Connector): Tesla's Supercharger network and Wall Connector hardware represent the gold standard in EV charging scale and reliability. Tesla is a direct competitor on commercial/fleet deployments and the company ætherEV's COO previously helped scale in Canada.

Broad incumbents

• ABB E-mobility: ABB E-mobility is a global incumbent offering a broad portfolio of AC and DC fast chargers, including 180kW+ ultra-fast units, plus networked software — a broader-scale competitor in commercial, public, and fleet charging where ætherEV's Arc Nebula also competes.
• Schneider Electric (EVlink): Schneider Electric's EVlink portfolio includes Level 2 and DC fast chargers integrated with its broader energy management and building automation platform — a broad incumbent offering overlapping capabilities to ætherEV's commercial, workplace, and multi-unit residential segments.

Emerging players

• Enphase Energy (IQ EV Charger): Enphase entered EV charging with the IQ EV Charger integrated with its solar and battery ecosystem — an emerging player with adjacent product overlap targeting residential and small commercial customers, similar to ætherEV's residential/Level 2 focus.
• Juuce (formerly JuiceBar): Juuce is a North American EV charging hardware and network provider focused on commercial and multi-unit residential deployments with a software management platform — an emerging player competing in similar segments to ætherEV but at a different scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aetherev

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

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 Aetherev 🇨🇦