Case studies
KIGT partners with Enduring Planet to accelerate EV charging for underprivileged communities
Climate justice for untapped and underserved communities
A fundamental limitation to widespread EV adoption is the availability and accessibility of charging, especially throughout low-income and otherwise marginalized communities. Today, many communities that have less EV charging infrastructure are also more likely to have poor air quality.
KIGT manufactures electric vehicle chargers for both private residential and public commercial use. Made in the United States, KIGT eChargers are at the forefront of a revolution in EV charging for untapped communities.
Increasing EV adoption both reduces carbon emissions to combat the long-term effects of climate change but also immediately improves air quality. The result is better overall health and the well-being of communities big and small.
KIGT contributes to the UN’s Sustainable Development Goal 7 (Ensure access to affordable, reliable, sustainable and modern energy for all) and 11 (Make cities and human settlements inclusive, safe, resilient and sustainable).
KIGT partnered with Enduring Planet to:
- Bridge operating needs in advance of initial grant funding
- Accelerate product development, equipment procurement & construction
Business-critical capital not offered by traditional lenders
The Enduring Planet Grant Advance helped KIGT prepare for and execute to meet the requirements of the California Energy Commission. The grant advance was a terrific bridge that traditional financial institutions simply don’t offer.
KIGT used the advance on its grant funding to accelerate product development, equipment procurement, and construction.
Enduring Planet was a perfect fit because of a deep understanding of the founders and their mission to disrupt for good in order to create truly impactful and sustainable change.
Enduring Planet was also a perfect fit because of the deep value alignment with the KIGT founding team and their mission to create truly impactful and sustainable change across marginalized commmunities in Southern California, and beyond.
Learn more about KIGT.
Enduring Planet understands our mission to disrupt for sustainable change. The flexible term structure is fair and favorable to KIGT.
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