Periodic Reporting for period 1 - PowerShare (Charging network optimized for Light Electric Vehicles (LEVs))
Periodo di rendicontazione: 2018-10-01 al 2019-02-28
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 examine both the technical and business feasibility of our project and define the next actions.
As an impact of the project, servo hosts, i.e. offices, houses, supermarkets, etc, will obtain new revenue sources and gain new clients or clients with new habits (shopping and charging at the same time). This will be a game-changer, indicating new business strategies. For municipalities, our solution, will promote the wide-spreading of LEVs, contributing for greener cities and regions, which also an important social benefit. The success project will impact considerably our company, promoting our growth. The total expected margin in 5 years after fully commercial operation will exceed 10 million euros, while the number of employees will increase to 76.