Proud to be Powered by Vontier. Sharing a united vision that is driven by innovation.

Charging as a Service (CaaS)

Researchers expect that global sales of fully electric and plug-in hybrid vehicles will increase by at least 17% in 2025. Rising EV adoption is fueling demand for charging stations. As interest grows, many businesses see value in hosting chargers but are held back by the high upfront cost and lack of in-house experience. In response to these challenges, EV Charging as a Service (CaaS) offers an economical and flexible approach that lowers risk while aligning charging infrastructure with long-term business goals.

What is Charging as a Service (CaaS)?

EV Charging as a Service is a business model in which a third-party provider owns, installs, operates, and maintains electric vehicle charging infrastructure on behalf of a property owner, business, municipality, etc. Instead of making a large upfront investment, customers subscribe to a service and make lower recurring payments. In exchange, an EV expert provides a turnkey solution that includes installing EV charging stations, managing the chargers, delivering driver support, and maintaining equipment.

EV adoption, government policies, infrastructure investment, energy costs, and other factors are influencing the CaaS market, which is projected to grow at a CAGR of 29.1%.

How does EV Charging as a Service work?

Typically, a CaaS provider will begin with a site assessment and continue to navigate the customer through ongoing operations and scaling.

  • Site assessment: First, the provider will determine if the location is viable for EV charging while also assessing driver behavior or fleet duty cycles and understanding a business’s objectives. This may involve a site visit and energy load analysis while considering the parking layout, electricity capacity, and utility access.
  • Solution design: Next, the provider will develop a customized plan based on the customer’s needs. The company will work as a partner to help select chargers, create an energy strategy—possibly including onsite battery storage and solar—connect to networks, integrate software, and choose a pricing structure.
  • Permitting and utility coordination: Navigating regulatory and utility hurdles can be overwhelming for companies looking to add EV charging stations. A third-party service provider will be a huge help in guiding customers through applying for location permits and approvals, coordinating with utilities for service upgrades and interconnections, and accessing any incentives or grants.
  • Installation and commissioning: After everything is approved, the CaaS provider will lead hardware installation from trenching through electrical upgrades to mounting chargers and officially bringing the site online.
  • Operations: Beyond implementing EV charging, CaaS providers bring major value by ensuring reliable and efficient operations. A good partner will set up the customer with an end-to-end EV charging and smart energy management platform that can streamline everything from load management to maintenance, reporting and billing, and driver support. Such software is key to optimizing EV charging to realize business goals.
  • Scaling: As demand increases, a CaaS provider can help enable business growth without disruption. The third party can assist with adding new chargers, making upgrades, integrating future energy assets like renewables or vehicle-to-grid technology, and expanding to new sites.

What are the benefits of Charging as a Service?

EV Charging as a Service has many advantages for hosts and fleet owners. Offering charging as a service provides a way to rapidly scale infrastructure while minimizing risk and maximizing uptime. Rather than building and managing every charging site in-house, companies willing to offer EV charging to their customers can outsource or partner via CaaS models to extend network reach, reduce CapEx, and streamline operations.

For example, a retailer may partner with a CaaS provider to add new DC fast chargers across its national convenience stores. The provider owns the chargers and handles the operations and maintenance. The retailer retains brand control and still earns revenue from hosting the charging stations.

EV CaaS can also be a game-changer for fleets transitioning to electric vehicles. Fleet Charging as a Service removes the complexity and high cost of building charging depots by offering a pay-as-you-go model for infrastructure. One use case could be a delivery company that electrifies its regional fleet and contracts with a CaaS provider to build and operate a depot with chargers. The fleet would pay a flat monthly rate per vehicle while the provider owns and operates the charging assets.

To summarize, key CaaS benefits include:

Benefits of EV Charging as a Service (CaaS)

Ease financial burden
EV Charging as a Service significantly reduces the financial barriers to deploying EV infrastructure. Businesses pay a manageable recurring fee, avoiding a large upfront capital expense and preserving CapEx for other investments. Instead, annual OpEx funds can be used to pay for charging infrastructure. With installation, maintenance, software, and support bundled into a single subscription, expenses become predictable, limiting out-of-pocket costs and simplifying budgets.

Reduce risk
With EV CaaS, customers get access to professional support to minimize the risk of shifting to electric vehicles and charging services. A knowledgeable charge point operator (CPO)  advises on the entire process, from initial assessment through reliable operations and billing, and continuing to scale. Businesses can enjoy all the benefits of adding onsite EV charging stations without having to be electric vehicle experts.

Focus on core business
Outsourcing EV Charging as a Service allows businesses to concentrate on what they do best. By removing the burden of ownership, organizations can allocate staff and resources to strategic growth areas rather than bogging them down with operating EV chargers.

Navigate the electric vehicle transition
CaaS makes it easier to adapt to the rapidly evolving EV landscape. With minimal upfront investment, customers can scale quickly to achieve their electrification goals. The increased flexibility of the CaaS approach enables growing infrastructure alongside EV adoption and advancing technology to future-proof business.

Why do charge point operators (CPOs) choose the Driivz platform?
EV CaaS providers use Driivz software in their service to deliver advanced EV charging solutions across the entire value chain. Driivz’ end-to-end, technology-agnostic EV charging and smart energy management software is the industry’s most robust, scalable, and proven platform, reducing TCO and maximizing network uptime to enable operational excellence for all partners. Driivz EV charging and management platform for CaaS

Download our Whitepapers

Smart Energy Management for EV Charging Networks

Acquiring EV Charging Network Management Technology

The Decision Maker’s Guide to Selecting an EV Charging Management Platform