Project description
Smart payments to charge electric vehicles
Emissions from the EU transport sector are not reducing enough to limit its environmental and climate impacts in Europe. Greenhouse gas (GHG) emissions from transport have increased since 2014. The sector remains a significant source of air pollution. While electric cars may help reduce impacts on air quality and climate change, these vehicles are entering the market at a snail’s pace. The EU-funded Navigato project proposes a micropayment and location system for charging stations targeting all service providers along the mobility ecosystem supply chain. It offers reliable and safe exchange of a wide range of data with electric vehicle owners. The system is based on an open-source distributed register aiming to strengthen future IoT with feeless microtransactions and data integrity machines.
Objective
Transport is one of the few sectors of the European economy where emissions levels are still rising and policymakers have
been under increasing pressure to accelerate the shift to lower emission models. Late 2018, the European Parliament
delivered the low carbon transport industry a major boost by approving draft laws that would impose tough new emissions
cuts on carmakers and boost the number of electric vehicles (EVs) on the roads. However, despite more efficient car
batteries, pole-top transformers, home solar panels and EV management solutions, range anxiety hampers growth. To bring
it all together and boost EV adoption, Navigato represents a micropayment and location system for EV charging stations.
Navigato can be used by all service providers along the mobility ecosystem supply chain to easily and securely exchange
the usage, maintenance, financial transaction data with the vehicle, owners and drivers, V2V transactions as well as C2C
transactions. The proprietary AI algorithms for performance improvement and grid planning helps our B2B clients to reduce
gaps in their networks and improve quality. The main technological advance that allowed us to create Navigato in its current
form is the emergence of IOTA, the first open-source distributed ledger that is being built to power the future of the IoT with
feeless microtransactions and data integrity for machines. This gives us access to the mobility software market that is sized
at least €808 million. We charge a micro payment transaction fee of 1-1.5% plus a monthly subscription fee of €15-€50 per
charging stations/month. Our clients are EVSE operators, our end-users are EV drivers and owners and our providers are
software and hardware (sensor, etc.) providers. Navigato can play a role in lowering emissions in Europe by assisting EVs to
be adopted. Greenhouse gas emissions of EVs, with the current EU energy mix and over the entire vehicle life cycle, are
about 17-30 % lower than the emissions of petrol cars.
Fields of science
- natural sciencescomputer and information sciencessoftware
- engineering and technologyenvironmental engineeringenergy and fuelsrenewable energy
- social sciencessocial geographytransportelectric vehicles
- natural scienceschemical sciencesorganic chemistryhydrocarbons
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringsensors
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
2300 PERNIK
Bulgaria
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.