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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.

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

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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