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THE COLLABORATIVE BLOCKCHAIN BACKED PLATFORM BRINGING TOGETHER DISPERSE PUBLIC AND PRIVATE EV CHARGING POINT PROVIDERS AND DRIVERS

Project description

Game-changing EV platform shaping the European charging network

An electric vehicle (EV) charging station is a machine that supplies electricity to recharge EVs. The current charging infrastructure in Europe suffers from fragmentation, inconsistent data availability and a lack of interoperability between EV charging point operators and users, presenting challenges for those travelling. The EU-funded Place to Plug project is offering an innovative solution – a collaborative platform integrated with blockchain, which aims to bring together disperse public and private charging points to reach as many EV users and operators as possible. To validate the feasibility of the platform – technological, technical, practical, economic – Place to Plug is carrying out various assessments for its successful exploitation at EU level.

Objective

The current EV charging landscape in Europe is fragmented with an evident lack of interoperability between EV charging point operators/users. Cross border mobility and long distance travel is difficult for EV drivers. Place to Plug offers a collaborative platform integrated with blockchain that aims to reach the maximum number of EV users and operators, bringing together a fragmented network of public charging points and expanding it by also offering private charging points. In this way we will create a solid network to ensure sufficient energy supply for every EV user, reducing range anxiety. Place to Plug has created the only platform whose model is collaborative, tending to add the highest number of charging points possible, independent of type (public/private sector). The platform employ blockchain and virtual currency for EV drivers to pay charging sessions in private charging points thus circumventing restrictions on the sale of energy between private individuals and automating processes via smart contracts. The platform, which integrate all charging points from diverse
operators, allows users to book and activate charge points using the mobile app or the website. Other platforms require a card (or do not offer a blockchain platform) which varies depending on the charging point’s operator. Other competitive advantages include route planning features based on the EV’s model and available charging points and a smart and 100% proprietary charging station with unique features. EV sales are on the rise and will represent 15-18% of vehicle sales in 2020 and 30-50% in 2030. We can expect the European EV stock to grow from a size of 1,250,000 in 2018 to ~8 m EV stock in 2022. Taking into account an annual revenue of €24 per each user (B2C) and from €48 to €450 per each control center subscription (B2B), our business model is able to generate an expected service obtainable market (SOM)/revenues of €9.1 m in 2023.

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Programme(s)

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Topic(s)

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Funding Scheme

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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

PLACE TO PLUG SL
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
C/ PRAT DE LA RIBA 6 9-1
43001 TARRAGONA
Spain

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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
Este Cataluña Tarragona
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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