Mumbai, Oct. 22 -- United States-based Edge Energy, a developer of patent-pending energy conversion technology for electric vehicle fast charging, has announced a strategic investment from Germany-based PRETTL Mechatronics & Actuators (PMA), a leading mechatronics solution supplier for the automotive, electronics and energy sectors.

The funding round includes an equity investment and working capital. This partnership will support Edge Energy's expansion of access to EV charging and utilise PMA's manufacturing and electronics capabilities.

Edge Energy's EdgeEV Power Source is claimed to allow fast EV charging without expensive three-phase power upgrades, offering deployment up to six times faster than traditional methods. The technology ...