Turning every parking space into a smart charging point

Expanding publicly accessible electric charging infrastructure is widely recognised as essential to the transport decarbonisation agenda. However, adding new chargers often means working with Charge Point Operators (CPOs) who set pricing, branding, and service quality on someone else’s property, or facing costly grid upgrades that can make deployment slow and expensive. For many parking owners, whether businesses, public institutions, or residential complexes, these barriers turn a straightforward ambition into a complex, costly undertaking.

AgeVolt offers a different path. Through an offering that includes AC and DC charging station options, an in-house energy management system (EMS) and the MyAgeVolt cloud-based software platform, AgeVolt enables any organisation with parking lots to become an EV charging provider: setting their own prices, managing access, and opening capacity to the public when they choose. The result is a more flexible and affordable way to expand EV charging in cities, one that can scale with the actors already present in urban space, helping to accelerate the transition to sustainable mobility.

Highlights of why we invested in AgeVolt

• Smart energy management management that can significantly reduce the need for grid upgrades: AgeVolt’s intelligent energy management system connects EV chargers to a building’s existing electrical infrastructure, monitoring consumption in real time and dynamically regulating charging power to prevent overloads, thereby enabling higher charger density without requiring grid reinforcement.
• Full control for charger owners: Unlike models where third-party operators set pricing and branding, AgeVolt gives businesses and property managers full ownership of their charging service, including pricing, access rules, invoicing, and integration with their own loyalty and marketing systems.
• Sharing economy for EV charging: AgeVolt enables private charger owners to make their charging points publicly accessible through the MyAgeVolt platform, expanding the available network without requiring dedicated public charging infrastructure, following a model the company describes in its customer‑facing branding as “Your parking space, your rules.”
• Bringing e-mobility closer to underserved areas: AgeVolt’s modular approach allows capacity to grow step by step as demand increases, integrating into existing urban infrastructure, from workplace car parks to street-level installations.
• Proven across diverse sectors and geographies: AgeVolt’s solutions serve banking, logistics, energy, property management, public institutions, and city infrastructure clients, with operations in Slovakia, Czechia, and an international development partnership in Kenya.
• Strong policy alignment: AgeVolt’s model directly supports the objectives of the Alternative Fuels Infrastructure Regulation (AFIR) and is consistent with SUMP guidance on mobilising diverse urban actors for the broad electrification of road transport.

Investing in AgeVolt reflects EIT Urban Mobility’s recognition that accelerating EV adoption requires mobilising underutilised parking infrastructure, allowing a broader set of actors to incrementally expand charging coverage across urban areas. As Jan Hauser, Investment and Portfolio Manager at EIT Urban Mobility, noted:

“AgeVolt solutions help turn existing parking spaces into a widespread and accessible charging network, improving both coverage and the variety of charging options available to users. Their intelligent energy management and open platform model put charging in the hands of the people who manage the spaces where cars already park, which is exactly the kind of distributed infrastructure cities need.”

A full-stack charging ecosystem built for urban scale

Headquartered in Bratislava, Slovakia, AgeVolt was founded by Ján Zuštiak, who serves as CEO. The company has developed an integrated ecosystem combining hardware, energy management, and a digital platform to make EV charging deployable, manageable, and scalable for any organisation with parking space.

How it works: intelligent energy management at the core

The technical foundation behind AgeVolt’s approach is its energy management system. Sitting between a building’s existing electrical infrastructure and the chargers, it monitors energy consumption in real time and dynamically distributes available capacity across connected charging points, significantly reducing the need for costly grid upgrades or new transformer installations.

The MyAgeVolt cloud platform provides the management layer: charger owners set pricing, manage access and invoicing, monitor consumption, and – if they so choose – open private chargers to the public. In practice, this “sharing economy” model means any workplace, retail park, or residential complex can become part of the publicly accessible charging network, controlled entirely by the site owner.

Complementing the software and energy management layers, AgeVolt’s hardware portfolio covers the full range of charging contexts: from AC wallboxes for residential and workplace settings to high-power DC stations delivering up to 400 kW, plus smart cable chargers and universal payment terminals. This breadth means a single technology partner can serve a property developer installing wallboxes in a residential garage and a logistics operator deploying fast chargers at a distribution centre, with the same platform managing both.

From local deployments to international reach

This combination of intelligent energy management, open software, and flexible hardware is already proving its versatility in the field. AgeVolt’s solutions are operational across diverse sectors in Slovakia and Czechia, serving clients in banking (ČSOB), logistics (Slovak Parcel Service), energy (Slovenské elektrárne), property management (HB Reavis), and public institutions (Ministry of the Interior of the Slovak Republic, Technology of the Capital City of Prague).

At municipal level, AgeVolt piloted a solution in Liptovský Hrádok, Slovakia, integrating prototype chargers into existing street lighting infrastructure to bring EV charging to residents without private parking. The Interreg Danube PilotInnCities experience highlighted that e-mobility deployment in smaller municipalities is not only a technical challenge but also an administrative one, underscoring the value of a solution provider that combines technology with regulatory guidance and hands-on support.

Internationally, AgeVolt is leading a development project in Kenya, supported by the Slovak Agency for International Development Cooperation, in partnership with Mayu Solar, combining solar energy with intelligent charging to build local e-mobility capacity.

The company was also named a semi-finalist in the European Startup Prize for Mobility, recognised among Europe’s top 50 clean-mobility startups.

Europe’s policy drive for EV charging infrastructure

The Alternative Fuels Infrastructure Regulation (AFIR), applicable since April 2024, sets binding deployment targets for recharging infrastructure across the EU as part of the Fit for 55 climate package. AFIR emphasises interoperability, user-friendliness, and grid integration – principles that align directly with AgeVolt’s open, owner-managed approach.

At city level, Sustainable Urban Mobility Plans (SUMPs) and the EU Urban Mobility Framework encourage integrating charging into broader mobility planning, engaging diverse urban actors rather than relying solely on dedicated CPO networks. As noted in the Parking and SUMP guidelines cars are parked on average 23 hours per day, making it essential to use existing parking as a key lever for expanding everyday access to charging.

The revised Energy Performance of Buildings Directive (EPBD) further reinforces this direction by requiring EV-ready infrastructure in buildings, supporting the integration of charging into existing parking assets. Together, these frameworks point towards a more distributed and integrated approach to charging deployment, aligned with AgeVolt’s model.

Looking ahead

EIT Urban Mobility recognises AgeVolt’s value in addressing one of the most practical barriers to scaling EV charging: deploying more chargers without costly grid upgrades. By enabling intelligent use of existing building infrastructure and making private charging publicly accessible, AgeVolt helps cities expand their charging networks faster and more affordably. We look forward to supporting AgeVolt as it scales its modular approach to EV charging across diverse urban contexts.

Do you want to know more about AgeVolt’s mission and its solutions? 
Visit the company website and LinkedIn. 

This article is part of Why we invested?  Series presenting EIT Urban Mobility equity portfolio.