Featured SME
Charged Advanced
February 6, 2025
Charged Advanced Vehicle Creative Journey: Charged Advanced Vehicle, headquartered in the UAE, is dedicated to shaping the future of sustainable transportation. The company empowers the transition to electric vehicles (EVs) by delivering premium products and services designed to make EV ownership easier and more convenient.
Origin and Challenges: Since 2021, they have been driven by a clear vision to revolutionize electric mobility and promote green energy. Starting with selling small accessories, they have grown significantly and now boast the installation of 1,000+ chargers across the UAE, fuelling a sustainable future.
Expansion Plans: In the following year, they plan to double the number of EV chargers installed each month and launch a lineup of unique, innovative accessories.
Beehive Funding Success: Beehive’s funding was crucial in helping them expand their vehicles and operational capacity, which increased customer satisfaction.
About Charged Advanced Vehicle
Charged Advanced Vehicle, specializes in premium EV car charger installations and accessories for Tesla models and EV charger solutions for villas, buildings, warehouses, factories, and public spaces.
With their dedication to excellence, they proudly achieved more than 50% annually, solidifying their position as a market leader in the industry.
Find out more about Charged Advanced Vehicle.
Q&A with Mohammed Al Ghfeli
CEO, Charged Advanced Vehicle
How did the company start?
Saeed Alghfeli, our COO and co-founder, and I initially purchased a Tesla and quickly noticed several challenges, including interior and exterior issues, including the sound within the car.
Recognizing an opportunity, we began studying the market and sourcing accessories, starting with a small selection. Today, we offer over 150 accessories. Furthermore, we identified a critical market gap when we experienced issues with a poorly installed EV charger. This inspired us to create a specialized team to address such challenges, ensuring seamless installations and elevating the EV ownership experience.
What are the top challenges a new business like yourself could encounter?
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Earning Trust: Our biggest hurdle was establishing credibility in a competitive market without an initial track record. -
Market Competitiveness: As the EV market grows, it is a constant challenge to stay competitive with pricing while maintaining quality. -
Building the Right Team: Finding and motivating skilled staff who align with our vision has been key to our growth but remains challenging.
What are your business plans for the next 12 months?
In the coming year, we aim to double the number of EV chargers installed monthly and introduce a range of innovative, one-of-a-kind accessories to the market.
What advice would you provide to someone considering turning their passion into a business idea?
Follow your passion, but back it up with a thorough understanding of the market and a clear vision. Build a strong team and stay resilient in the face of challenges—success comes with persistence and adaptability.
How did you find Beehive?
We heard about Beehive through a trusted friend who recommended it for its fast and reliable funding options.
What was it like before you used Beehive?
Before Beehive, expanding our operations was challenging. We needed additional vehicles to enable our staff to operate efficiently across various locations. Beehive’s funding allowed us to purchase these vehicles, significantly improving our operational capacity and customer satisfaction.
Why did you choose Beehive for funding? What features stood out?
We chose Beehive because of its rapid funding process and competitive interest rates, notably better than most banks.
How did you find the process, and how does it compare to other options?
The Beehive funding process was exceptionally smooth and far more efficient than traditional bank loans, allowing us to focus on scaling our business.
What advice would you give to business owners considering funding? Would you recommend Beehive?
For any business seeking quick and reliable funding, I highly recommend Beehive. Their seamless process and favorable terms make them an excellent choice for entrepreneurs ready to scale their operations.
Want to become a Beehive SME?
Want to become a Beehive SME?
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