Smarter Charging for a Sustainable Future: Insights from Wevo Energy CEO Teddy Flatau

““You can’t just have everybody put the timer on the car to start charging at 10:00 PM – the building will run out of energy. “”

So says Teddy Flatau, CEO and Co-Founder of SaaS EV-platform Wevo Energy, with a smile as he highlights one of the key challenges of EV charging in multi-dwelling units (MDUs).

From Programmer to Pioneer: Teddy Flatau’s Journey in EV Charging

Despite being a seasoned professional and esteemed leader, Teddy is not one to boast:

- I wrote the code for the Wevo application when we started out, but I don’t claim to be the best programmer, the best product manager, or the best salesperson. As we grew, I hired people who are better than me.

Before co-founding Wevo, Teddy gained decades of experience in product management roles at energy-tech companies like Centrica and British Gas. His work focused on the challenges of delivering EV charging to private homes:

- If you can charge at home, that is the best, easiest, and cheapest approach. Especially if you can charge when the energy rates are low.

Driven by the goal of making EV charging more accessible, Teddy and his business partner, Adi Baron, founded Wevo Energy in 2022 with a bold mission to “electrify every parking space.” Since then, Wevo has successfully delivered EV charging to over 1,500 MDUs across Europe and the United States.

““With the right energy management technology, you can install twice as many chargers using the same electrical panel.””

Closing the Gap: Europe vs. the U.S. in EV Charging

When asked about the differences between Europe and the U.S. in the EV charging landscape, Teddy shares some critical insights:

- Europe is behind the U.S. in this field. Many European landlords still see EV as a burden instead of a revenue stream.

But are these concerns justified? Teddy explains:

- The U.S. has more incentives to electrify MDUs. In some states, you can get up to 90% of your installation costs back.

What can European property owners do?

- Even without the same incentives, you can make EV charging profitable. With the right energy management technology, you can install twice as many chargers using the same electrical panel. The smarter your energy management is, the more money you’re going to make, and the quicker your return on investment.

““I will share unique numbers and insights from my time working in energy management across Europe and the U.S””

A Glimpse into Teddy Flatau’s Upcoming Keynote at Sthlm E-Mobility Summit

In anticipation of his keynote speech at the Sthlm E-Mobility Summit, Teddy offers a preview of what attendees can expect:

- When I come to Stockholm in October, I will share unique numbers and insights from my time working in energy management across Europe and the U.S. Let’s call it ‘10 Lessons I've Learned After Implementing EV Charging in 1500 MDUs.’ If you're a property owner just starting or scaling up your EV charging offering, my experience can help you find a shorter path to profitability.

And for those hoping for a sneak peek of those lessons?

- A magician never reveals his secrets, but I can tell you this much: whatever you do, don't get locked into a single vendor.

Don’t miss the chance to hear Teddy Flatau’s invaluable insights in person—secure your ticket for Sthlm E-Mobility Summit today!