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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.

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

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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