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Home » Business Facts » EcoFlow: 20 Interesting Facts You Might Not Know

EcoFlow: 20 Interesting Facts You Might Not Know

Henno KrugerBy Henno KrugerMarch 19, 2024No Comments4 Mins Read Business Facts 34 Views
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EcoFlow was born out of the dream of a group of battery engineers in 2017. Amid the global transition towards renewable energy, they lead the way forward with industry-leading portable power products, solar technology, and smart home energy solutions.

Their vision is to power a new world. It’s a call to the future – an aspirational, technology-driven, eco-friendly future shared by everyone.

EcoFlow

Their mission from day one is to provide smart and eco-friendly energy solutions for individuals, families, and society at large. They are, were, and will continue to be a reliable and trusted energy companion for users around the world.

There’s probably a lot that you don’t know about this company, but today my aim is to change that…

Here are 20 Interesting Facts You Might Not Know about EcoFlow

1.  EcoFlow was founded in 2017 by a group of ex-DJI battery engineers, headed by CEO Lei “Bruce” Wang, focusing on mobile energy storage. The company was founded in Shenzhen, China.

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2. The company introduced the RIVER power station on IndieGoGo priced at $513 in 2018. They managed to raise $1 million.

3. In the 2019 the EcoFlow RIVER 370 won the Red Dot Award and iF Design Award.

4. Also in 2019, EcoFlow released the DELTA, with X-Stream fast charging and 1260 Wh capacity (priced at $1760). They raised $2.8 million on Kickstarter in 48 days.

5. In 2020 the new EcoFlow RIVER series raised $7 million in crowdfunding.

6. The DELTA Pro was released in August 2021 and was priced at $3600. It became the most successful product in Kickstarter history with over $12 million raised in crowdfunding over 2 months.

7. In 2021, EcoFlow also raised over 1 billion Yen ($9.7 million) on Japanese crowdfunding site Makuake. They also introduded the Solar Tracker and Smart Generator.

8. The company’s annual revenue reached $200 million in 2021. In 2022 the company’s annual revenue approached $1 billion. 

9. In 2022, the company established its global presence. They now have over 1000 employees globally and 5 US offices & warehouses.

10. The company also started to manufacture Power Kits for RVs, home backup, and off-grid homes in 2022.

11. In 2023 the company introduced the Blade, Glacier and Wave 2, respectively a robotic lawnmower, a 12V sealed-compressor fridge/freezer, and a portable air conditioner and heater. In the same year they also released the PowerStream balcony power plant and DELTA 2 Max power station.

12. EcoFlow primarily serves households frequently affected by power outages, particularly those seeking reliable backup power solutions for emergencies. With their Whole-Home Backup Power Solution, families can sustain essential power needs for up to a week following major storms, natural disasters, or similar events.

EcoFlow also caters to outdoor enthusiasts, including campers, overlanders, RV enthusiasts, and off-grid adventurers, empowering them to lead a self-sufficient lifestyle on the go.

13. EcoFlow batteries represent an innovative blend of cutting-edge technology and environmental awareness, offering numerous advantages beyond traditional power sources.

14. The company utilizes advanced battery technology, particularly leveraging solar power, to promote renewable energy sources.

15. Their devices are designed for mobility, Their batteries contrast with bulky traditional generators.

16. From outdoor adventures to blackout situations, EcoFlow batteries accommodate a wide range of devices, reflecting diverse modern needs.

17. EcoFlow’s quiet operation respects nature while providing efficient energy.

18. With minimal overhead costs, their batteries offer sustainable savings over time.

19. EcoFlow has provided solutions to 2.5 million households and remains committed to ensuring power security for people globally.

Through pioneering innovations and technologies, the company empowers consumers worldwide, revolutionizing energy solutions and challenging conventional norms. Additionally, they provide dependable customer services.

20. EcoFlow has established a strong presence in North America and Europe but is relatively new to the South African market, which may require time to gain recognition and trust.

However, the prevalent issue of load-shedding in South Africa presents an opportunity for the company. They can offer reliable home solutions utilizing solar energy to address power outages. EcoFlow provides tailored energy solutions for different stages of load-shedding, ensuring uninterrupted electricity supply to homes.

Well, there you have it, 20 interesting facts you might not have known about EcoFlow.

Watch this space for updates in the Facts category on Running Wolf’s Rant.

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