eMotorWerks, Share&Charge partner to offer blockchain payments-based P2P EV charging network
eMotorWerks, the creator of JuiceNet - a market-leading IoT platform that organizes distributed networks of electric vehicle charging stations, has combined with Share&Charge blockchain transaction platform that allows charging station owners to receive payments when their stations are used by other electric vehicle (EV) drivers.
The partnership marks the first peer to peer charging network to use blockchain technology in North America. With the collaboration, California residential and commercial owners of electric vehicle charging stations that are enabled with eMotorWerks' JuiceNet smart-grid charging technology will have the opportunity to rent out charging time on their stations to EV drivers.
“In today's marketplace, the availability of public EV charging is still of concern to potential EV drivers. By establishing networks of individuals willing to share their EV charging stations, we are opening up more charging options to EV drivers, while at the same time ensuring station owners are compensated accordingly. As one of the most popular EV charging solutions in the United States and Europe, eMotorWerks is the perfect partner for our debut in the United States. With this new sharing technology we are bringing to North America, we aim to prove how blockchain technology can make sharing and payment easier and more efficient,” Dietrich Sümmerman of Share&Charge, stated. “We are excited to enable anyone, from individual, to small company or large utility to share their charging stations for an accelerated growth of e-mobility.”
Share&Charge was founded by the innogy Innovation Hub whose purpose it is to evolve an innovation portfolio for innogy SE, Germany's leading energy company. It leverages decentralized and transparent Ethereum-powered blockchain technology in order to allow people to interlink and share bill products and services in a secure and convenient manner.
Also, any EV driver can download the Share&Charge app to view available charging facilities on a map and navigate to the nearby charging station for charging. With the app, the station owners can choose the times to share their service with others as well as set the price to charge visiting drivers.
"One common issue we see in the growth of EV adoption is 'range anxiety,' which stems from an overall lack of charging stations for some shorter-range EVs currently on the market. To accelerate the EV revolution, we must increase the number of charging options available,” Val Miftakhov, CEO of eMotorWerks, stated.
The joint program is slated to begin on August 1, 2017 and is inviting users to sign up to participate for the program by filling out the registration form on eMotorWerks website.