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Startup Series: BOLT

Inevitable

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IOT-Based Sockets - An EV Stat

IOT-based sockets, who I think have been in the market for about 15, 20 years, I think we launched in October 2020. You just need a MCB, a circuit breaker on top of a socket, and you're good to go in some basic IOT. And 95% of the times the charging point that you have in your home, you're not using it anyway. So kind of making a technology that enables people to become a part of the solution rather than saying there are no charging points. There is no shared charging infrastructure, and it's expensive to set up charging infrastructure.

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