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Matrix Charging: Novel, automated charging infrastructure for electric vehicles

Objective

Over the next 15 years continuing growth of urbanisation & sprawl will increase the demand for individual mobility & the increase of traffic density will produce many adverse impacts that have direct effects on the quality of life for people living in cities. To lead Europe into a sustainable & competitive future, novel innovations are essential to increase transport efficiency. Vehicle electrification & autonomous driving are two promising new technologies that have disruptive potential for individual mobility whilst giving support “Towards an energy-efficient, decarbonised transport sector”. Sales of Electric Vehicles (EV) tend to be met with high resistance primarily due to range anxiety (max. 100-400 km), variable power costs & long refuelling times (5-8 hours to charge) thus slowing down leadership in electro-mobility. Though these arguments may be valid now, future batteries and charging stations (CS) will reduce these disadvantages. The EV market is projected to grow at a CAGR of 29% & 20 million EVs are going to be on the road by 2022. In 2010, public charging points for EVs were few. Today, there are 112,500 public or semi-public charging points in Europe and is expected to surge at CAGR of 29.8% and reach €10.8Bn global market by 2022.As EV’s become more autonomous there will be greater importance on automated charging. With Matrix Charging® we will have the potential to revolutionize automated EV charging by being the world’s first fully automated conductive charging technology that has no moving parts outside the vehicle. The key innovation is delivering the solution with 99% transmission efficiency, at 30% lower cost than nearest competitor and a 6-fold higher performance with 9% additional efficiency, as we validated with BMW. With a phase 2 cost of €2.9M in early Q2 2018 Matrix Charging® forecasts a €24M gross profit in Yr5 (€44M gross profit Yr1 to Yr5 inclusive period), with a return on investment (ROI) is a very attractive 920% (9.2).

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

EASELINK GMBH
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 053 843,75
Address
MUNZGRABENSTRASSE 94
8010 Graz
Austria

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Südösterreich Steiermark Graz
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 2 934 062,50
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