Before Carge, EV (Electric Vehicle) drivers had to download multiple applications, register separately and pay a fixed amount in advance, due to network exclusivity. Whenever they wanted to charge their car, they had to open each charge point operator's application and find the nearest station. This makes the customer experience cumbersome.
Apart from that, EVs are often plugged in for a longer time than they actually need to take power. Electricity prices would thus rise.
Solution (product or service)
Carge app helps EV drivers to:
> seek charging stations > book a charge point > navigate to the optimal path > pay with e-wallet
Users can opt to charge at half-speed, or on full capacity in another time frame at a lower cost. Then, our intelligent algorithms use the remaining power capacity for grid balancing.
Advantages or differentiators
Carge is the first e-Mobility Service Provider in the world that optimizes the energy consumption spikes and runs custom-built smart algorithms to use the remaining power capacity for grid balancing. This helps Electricity Providers balance the power distribution and act friendly to the environment.
The transaction-driven business model along with the advanced smart energy solution is already being used by eight mobility partners in Europe. We plan to expand to nine more countries within the next five years.