Funding Details
- Date Award
- May 13, 2024
- Vertical
- Industrial Equipment
- Funding URL
- View Funding Page
Company Info
- Organizations Involved
- SOSV
- Founders
- Matthew Sabatini, Paul Sabatini
- Company Description
- Tandem is the premier EV and hybrid technology company for the heavy-duty vehicle industry. We are on a mission to connect the trucking industry to the future of electrification NOW by deploying modular, sustainable, and efficient Electric & Mixed Fuel Vehicles at a fraction of the cost of overhauling the entire fleet. The Centaur is our flagship product that instantly electrifies and hybridizes your fleet. Real-time emissions tracking analytics are powered by our proprietary software called ScopeTree. The Centaur currently electrifies 3 applications: Centaur Diesel propels single-axle diesel tractors. Centaur PowerPack is a swappable EV to extend the range of EV tractors. Centaur PowerPack provides auxiliary power to Reefer tractors – more cost and operationally efficient than electrifying every trailer. The Centaur’s ROI is in its immediate emission reduction and cost savings: Eliminates 440 Metric Tons of CO2 per year based on 100,000 miles driven annually. Eliminates 127 metric tons of carbon dioxide equivalent (MTCO2e) per tractor per year. At least $45,000 in fuel and electricity savings annually (based on $5/gal and $0.09 per kWh)
- Location
-
United States
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