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On-the-go charging system for heavy electric vehicles in ports and other closed loop applications

Project description

Electrifying ports to reduce shipping emissions

Ports are a major source of CO2 emissions in shipping, largely due to diesel engines. As the industry faces pressure to switch to electric, the lack of charging infrastructure poses a significant challenge. This gap slows down the transition to cleaner technology and adds costs. With this in mind, the EIC-funded Elonroad project addresses this issue with its innovative electric road system. It allows heavy vehicles to charge while in motion or parked, reducing battery size and the need for stationary chargers. This technology not only smooths out electricity demand but also cuts down on fleet requirements, driving faster adoption of electrification in the industry.

Objective

Ports account for ~30% of CO2 emissions in the shipping industry, mostly caused by diesel-powered machinery. While regulators are pushing for industry electrification, charging infrastructure is lagging and creates major barriers for electrification.

Elonroad’s electric road system can charge any heavy vehicle (in motion or parked). It enables much smaller batteries that allow OEMs to reduce vehicle costs. It flattens the electricity demand curve and frees up valuable space from stationary EV chargers. It also eliminates the need for extra vehicles in the fleet to compensate for charging time. Such substantial economic benefits will further boost the electrification of the industry.

The EV charging market is estimated to reach €234.7B by 2030, growing at 41% CAGR. Elonroad addresses a charging market towards higher capacity charging levels (Level 3), which is estimated at €14.7B globally growing at 49% CAGR.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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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.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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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) HORIZON-EIC-2023-ACCELERATOR-01

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Coordinator

ELONROAD AB
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.

€ 2 500 000,00
Address
HEDVIG MOLLERS GATA 8B
22355 Lund
Sweden

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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
Södra Sverige Sydsverige Skåne län
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.

€ 3 594 975,00
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