EV tech entrepreneur pulls plug on Chargely app
File photo / Jim Neuger
David Tse, the co-founder and CEO of Chargely, was honored on the Mainebiz 40 Under 40 list in 2024.
Less than two years after co-founding Chargely, David Tse is pulling the plug on the mobile app for electric vehicle drivers while leaving the door open for another entrepreneurial endeavor.
The engineer announced his plan to liquidate and shut down Chargely in a LinkedIn post.
“Since incorporating in March 2023, inspired by an incredible EV road trip across the country, I’ve learned so much about building a startup, working with a small remote team and about myself,” he told his followers. “I’m deeply grateful for the amazing people I’ve met along the way and the connections I’ve built. There are too many to mention here, but I hope you know who you are. I also hope there’s an opportunity for me to return the favor of your time, advice, and feedback someday.
“As I look ahead,” he continued, "I’m shifting back into 'exploration mode' and actively seeking opportunities to contribute” in the areas of artificial intelligence and emerging technologies, electrifying transportation and the clean energy transition, as well as supporting startups.
“I'd like to build a new venture in the EV space and am exploring ideas/opportunities that have presented themselves to me over the course of my Chargely journey,” he told Mainebiz on Wednesday. “But it'll be very dependent on if I can find the right team [and] co-founders again.”
Tse recently completed the year-long Founder Residency program at Northeastern University’s Roux Institute in Portland and was honored on this year’s Mainebiz 40 Under 40 list. He turned 38 on Dec. 2.
In an "On the Record" interview with Mainebiz published in August, Tse shared details of his memorable EV road trip that was less than optimal, and his long-term vision for a network of small businesses with car-charging stations.
EV enthusiast Martin Grohman, a consultant to law firm Eaton Peabody and Biddeford's mayor, told Mainebiz that he applauds Tse for looking at his business venture “with clear eyes” and closing the chapter on his startup “without leaving anyone in the lurch.”
“He’s going to have a bright future in Maine,” Grohman said.
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