Last year, the number of newly registered electric vehicles (EVs) broke the 1 million mark for the first time. By 2030, it is predicted that 200 million EVs will be on the roads worldwide, with an additional capacity need of 11.9 Billion KW during peak times. But right now, charging of EVs is still a headache for drivers. A lack of uniform standards and interoperability has resulted in a highly fragmented market, leading to complex settlement processes, overloaded power grids and an underutilised infrastructure.
Step forward MotionWerk, which has developed Share&Charge, a blockchain-based service for the seamless, secure and smart charging of EVs. MotionWerk has announced, that in September it will transfer the software to a newly-established Share&Charge Foundation, based in Switzerland. The aim is to decentralise the service as an independent network, opening it up to a wider range of partners and creating a global standard.
MotionWerk is already working with key players in the mobility ecosystem to develop decentralised technologies for the future of tomorrow. Find a list of the partners below: