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Charging network optimized for Light Electric Vehicles (LEVs)

Project description

Electric power-sharing system for charging light electric vehicles

Transportation is a significant burden for modern cities due to growing urbanisation. In European cities, busy roads, constant traffic jams, and difficult parking make individual travelling unsustainable. Light electric vehicles (LEVs) represent one of the best solutions for urban transportation. However, the lack of charging networks is a major obstacle to their expansion. Servo Movement Ltd aims to commercialise PowerShare, a community electric power-sharing system designed for charging LEVs in the streets. The EU-funded PowerShare project will perform a feasibility study for the commercial introduction of the PowerShare system in the European market.

Objective

Due to growing population with growing urbanisation tendency, transportation is a major burden for modern cities. In Europe, using cars (even electric cars) is not the most optimal way of individual travelling in cities, due to busy roads, constant traffic jams, and difficult parking. The spreading of so-called Light Electric Vehicles (LEVs) represents one of the best solutions to the current challenges of urban transportation. However, the major obstacle of the spreading of LEVs in European cities is the lack of charging networks, resulting in too short range of the vehicles. Our company, Servo Movement Ltd, aims to commercialise Servo PowerShare, a community electric power sharing system designed for charging light electric vehicles (LEVs) in the streets. In the current project we aim to perform a feasibility study, which is essential for our successful market entrance. The success of this project will facilitate the commercial introduction of PowerShare and promote the growth of our company.

Fields of science (EuroSciVoc)

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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.

SME-1 - SME instrument phase 1

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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

SERVO MOVEMENT KFT
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.

€ 50 000,00
Address
FURDO UTCA 17 B EP
8230 BALATONFURED
Hungary

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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
Dunántúl Közép-Dunántúl Veszprém
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.

€ 71 429,00
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