Automaker Honda Motor Europe has partnered with smart energy technology firm Moixa and utilities British Gas and Octopus Energy to unveil a new electric vehicle (EV) charging solution for UK customers.
The EV charging solution called e:PROGRESS leverages an artificial intelligence technology called GridShare developed by Moixa and Octopus Energy’s 100% renewable energy and agile Time of Use (ToU) tariff. The goal is to simplify the charging experience for consumers.
Energy prices within Agile Octopus change every 30 minutes in response to wholesale energy price fluctuations. Hence the solution will encourage EV owners to charge their vehicles during times when the energy demand is low, as well as the prices. This is expected to save up to £475 ($654) in energy costs for owners of Honda EVs charging at home.
British Gas will be responsible for the installation of the EV chargers through the company’s Local Heroes network.
After the implementation of the solution in the UK, the solution is expected to be expanded to Germany and other European countries.
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UK utility National Grid predicts the number of EVs in the country to expand to 11 million units by 2030 and to 40 million by 2040 from just 370,000 today. Simplifying the acquisition of EV chargers for consumers, their installation and charging experience is expected to help drive the adoption of EVs in the UK.
According to the UK trade association The Society of Motor Manufacturers and Traders, between 2020 and 2021, EV sales are up by more than 54%, and registrations of petrol and diesel cars down by 50% and 62%, respectively.
The increase in EVs will also result in an increase in the demand for energy from renewables and managed services. Therefore, there is a clear need for increased collaboration between players in the automaker, technology and utility sector to come up with innovative solutions to address market changes.
Simon Daniel, CEO of Moixa, said: “As we build back better, the world will see an exponential rise in electric vehicle adoption. All car manufacturers must electrify within this decade, and intelligent battery management software like GridShare is essential to ensure that EV uptake not only brings financial benefits to the driver but also supports balancing the increase in demand of energy from the grid.”
Jørgen Pluym, general manager of Honda’s Energy Solutions division, adds: “Intelligent charging is supporting the transition to electric vehicle ownership by enabling customers to benefit from lower-priced clean energy.
“Moixa’s expertise is helping to bridge the gap between the automotive and energy industries to offer advanced energy solutions such as e:PROGRESS, and we look forward to a continued successful partnership as we bring further services to market in the coming months.”