As we embrace the electric revolution, the convenience of charging our vehicles is becoming as simple as scanning a QR code. This blog delves into the exciting intersection of user-friendly payment methods and the critical need for solutions with available security measures.
The electric vehicle (EV) sector is rapidly transforming, and the need for flexible, reliable charging infrastructure is growing faster than ever, fuelled by demand from local legislation and a growing number of EV drivers. Beyond infrastructure cost, equipment quality, and smart charging features, it's crucial to manage all charging assets from one place while ensuring future compatibility with other systems. As we embrace the electric transition, the role of open protocols, like Open Charge Point Protocol (OCPP), Open Charge Point Interface (OCPI), Open Smart Charging Protocol (OSCP) becomes indispensable for ensuring high level of services now and in the future.
The mass adoption of electric vehicles and the need to accelerate EV charging infrastructure has opened various business opportunities and attracted many new entrants, from new start-ups to large enterprises. With a common drive for raising ROI and utilisation on charging infrastructure investments, it is imperative for businesses to have reliable data for informed decision-making.
Reducing the use of fossil fuels in transport is vital if the EU is to reach climate neutrality by 2050. To achieve this goal, we need to accelerate the transition to alternatively powered vehicles and vessels. In other words, we need to make sure there is enough supporting infrastructure with adequate coverage across the European Union for cars, trucks, ships, and planes to (re)charge or (re)fuel with alternative fuels.
The rapid development of battery technology, with longer driving ranges and shorter charging times, has made EVs a more cost-effective and environmentally conscious decision for business fleets. Many governments around the world offer incentives to encourage the adoption of EVs, such as tax credits, grants, and access to high-occupancy vehicle (HOV) lanes with dedicated “green stickers”.
Despite supply chain challenges, high commodity and energy prices, and macroeconomic and geopolitical uncertainties, sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) saw another record year in 2022, with more than 10 million units sold. The share of electric vehicles sold also increased from 5% in 2020 and 9% in 2021 to 14% in 2022, with China again dominating the market with a share of around 60% of global EV sales.
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