The Future of Electric Vehicles and EV Charging

 

As more and more automobile manufacturers are introducing new models electric vehicles, one of the major concerns is still there – How will these Electric Vehicles be charged? In the post Covid-19 scenario there are number of incentives including installing more charging stations. Not only this – many companies and industry analysts are offering their insights, predictions and solutions for a greener and cleaner EV charging future. As a result number of solutions comes up which include – smarter software, incentives, apps, load balancing and block chain.

EV Charging – A Problem for Future EV Buyers

One of the most important aspects of EV infrastructure is home charging and it is very important and not getting enough attention. There are problems with public charging and also there is a huge gap between awareness and the actual number of charging stations. EV users are not aware where public charging station are. So, we need to use signage and in addition we need stress upon the education and awareness.

Due to the Covid-19 pandemic, potential EV buyers like to charge at homes because when they are charging at home, that they doesn’t risk themselves to catch Corona Virus by touching a dirty fuel pump handle. However, there is still a maze of incentives that are difficult to navigate when installing chargers at home. The good news is that once consumers buy an EV, they have the highest satisfaction rates amongst vehicle owners.

FREE EV CHARGING OR FEE EV CHARGING –

During the pandemic and stay-at-home mandates, more people are learning that a slow trickle level one charge at home is enough for them.

The next big thing coming up to charging is the ISO 15118; a standard that will not require swiping a card to pay for electric vehicle charging. It makes other charging systems more like the Noodoe Chargers. Another trend in charging is that, when people start using fast-charging, they don’t want to go back to slow charging. EV owners will have to start realizing that free charging won’t last much longer.

In fact, with its recent price decreases on vehicles, Tesla is no longer including free charging for the Model S and X. More chargers are required to make economies of scale and most likely there will be a spike in prices that will eventually flatten out.

WHY USE BLOCK CHAIN FOR EV CHARGING?

Block-chain is a way of securing digital information and automating interaction between devices. Basically, block-chain consists of an algorithm to order information and share data. Block-chain supplies a framework for identity for different infrastructures to relate with each other.

Block-chain could also be important for creating ways in which multiple parties could share in the revenue of EV charging as well as for the electric service operators to help with balancing infrastructure.

Use case scenarios for block-chain in EV charging would be in the process of vehicle-to-grid and peer-to-peer EV charger sharing which could also spur more EV sales. When consumers are looking to buy cars and they know they could get paid $50 a month for their personal charging station or by sending energy back to the grid then they may decide to buy that vehicle.

Block-chain is emerging as an exciting technology that can help many services work together, automate EV charging and solve problems while providing monetary incentives.

Article source : https://www.noodoe.com/future-of-electric-vehicles-and-ev-charging/.