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Matrix Charging SIGNED

Matrix Charging: Novel, automated charging infrastructure for electric vehicles

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EC-Contrib. €

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Partnership

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 Outcomes and results

 Matrix Charging project word cloud

Explore the words cloud of the Matrix Charging project. It provides you a very rough idea of what is the project "Matrix Charging" about.

9    energy    direct    individual    competitor    world    moving    batteries    mobility    ev    profit    additional    surge    2018    electrification    adverse    8bn    living    competitive    112    over    though    reg    yr5    semi    q2    forecasts    technologies    44m    times    million    decarbonised    matrix    solution    revolutionize    met    15    fold    tend    bmw    impacts    roi    resistance    valid    transport    first    leadership    vehicles    gross    transmission    grow    lower    500    autonomous    points    projected    99    delivering    density    2010    cagr    parts    9m    automated    km    market    2022    arguments    conductive    max    sustainable    return    disadvantages    hours    sprawl    innovations    outside    global    giving    charge    reduce    sales    slowing    refuelling    nearest    urbanisation    demand    power    30    29    inclusive    efficiency    validated    disruptive    people    life    vehicle    continuing    stations    attractive    investment    driving    electric    cities    traffic    8    public    primarily    charging    efficient    whilst    quality    400    period    electro    cs    few    evs    920    innovation    road    performance    anxiety    yr1    24m   

Project "Matrix Charging" data sheet

The following table provides information about the project.

Coordinator		 EASE-LINK GMBH 

Organization address
address: MUNZGRABENSTRASSE 94
city: GRAZ
postcode: 8010
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.
 Coordinator Country Austria [AT]
 Project website https://easelink.com/
 Total cost 2˙934˙062 €
 EC max contribution 2˙053˙843 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-11-01   to  2020-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    EASE-LINK GMBH AT (GRAZ) coordinator 2˙053˙843.00

Map

 Project objective

Over the next 15 years continuing growth of urbanisation & sprawl will increase the demand for individual mobility & the increase of traffic density will produce many adverse impacts that have direct effects on the quality of life for people living in cities. To lead Europe into a sustainable & competitive future, novel innovations are essential to increase transport efficiency. Vehicle electrification & autonomous driving are two promising new technologies that have disruptive potential for individual mobility whilst giving support “Towards an energy-efficient, decarbonised transport sector”. Sales of Electric Vehicles (EV) tend to be met with high resistance primarily due to range anxiety (max. 100-400 km), variable power costs & long refuelling times (5-8 hours to charge) thus slowing down leadership in electro-mobility. Though these arguments may be valid now, future batteries and charging stations (CS) will reduce these disadvantages. The EV market is projected to grow at a CAGR of 29% & 20 million EVs are going to be on the road by 2022. In 2010, public charging points for EVs were few. Today, there are 112,500 public or semi-public charging points in Europe and is expected to surge at CAGR of 29.8% and reach €10.8Bn global market by 2022.As EV’s become more autonomous there will be greater importance on automated charging. With Matrix Charging® we will have the potential to revolutionize automated EV charging by being the world’s first fully automated conductive charging technology that has no moving parts outside the vehicle. The key innovation is delivering the solution with 99% transmission efficiency, at 30% lower cost than nearest competitor and a 6-fold higher performance with 9% additional efficiency, as we validated with BMW. With a phase 2 cost of €2.9M in early Q2 2018 Matrix Charging® forecasts a €24M gross profit in Yr5 (€44M gross profit Yr1 to Yr5 inclusive period), with a return on investment (ROI) is a very attractive 920% (9.2).

 Deliverables

List of deliverables.
website area www.easelink.com Websites, patent fillings, videos etc. 2020-02-07 15:50:29

Take a look to the deliverables list in detail:  detailed list of Matrix Charging deliverables.

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The information about "MATRIX CHARGING" are provided by the European Opendata Portal: CORDIS opendata.

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