What is Current Ways?
Current Ways specializes in the development of advanced power electronics, with a core focus on onboard chargers, DC/DC converters, and high-efficiency inverters. The company is best known for its proprietary CWUBIC technology, which facilitates bi-directional charging. This innovation allows electric vehicles to function as mobile energy storage units, capable of supplying power back to the grid, a critical feature for modern smart-grid integration.
Serving both automotive and industrial clients, Current Ways addresses the growing need for robust energy management solutions. By optimizing the interface between battery systems and external power sources, the company provides essential hardware that supports the global shift toward electrification. Their market position is defined by technical precision and a commitment to enhancing the utility of electric vehicle fleets.
How much funding has Current Ways raised?
Current Ways has raised a total of $802K across 2 funding rounds:
Debt
$350K
Debt
$452K
Debt (2020): $350K with participation from PPP
Debt (2021): $452K led by PPP
Key Investors in Current Ways
PPP
Public-Private Partnership
What's next for Current Ways?
With the recent influx of capital, Current Ways is positioned to accelerate the commercial deployment of its CWUBIC technology. The strategic focus will likely shift toward scaling production capacity to meet the rising demand from automotive OEMs and industrial energy providers. Furthermore, the company is expected to deepen its research into grid-to-vehicle (G2V) and vehicle-to-grid (V2G) protocols, ensuring its hardware remains compatible with evolving international energy standards.
As the company matures, the emphasis will remain on operational efficiency and market penetration. By strengthening its supply chain and expanding its footprint in the industrial sector, Current Ways aims to transition from a specialized technology provider to a foundational player in the global energy transition, effectively bridging the gap between automotive mobility and stationary energy storage.
