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Matrix Charging SIGNED

Matrix Charging: Novel, automated charging infrastructure for electric vehicles

Total Cost €

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EC-Contrib. €

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Partnership

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 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.

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

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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