Navigato SIGNED

Project "Navigato" data sheet

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 Partnership

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 Project objective

Transport is one of the few sectors of the European economy where emissions levels are still rising and policymakers have been under increasing pressure to accelerate the shift to lower emission models. Late 2018, the European Parliament delivered the low carbon transport industry a major boost by approving draft laws that would impose tough new emissions cuts on carmakers and boost the number of electric vehicles (EVs) on the roads. However, despite more efficient car batteries, pole-top transformers, home solar panels and EV management solutions, range anxiety hampers growth. To bring it all together and boost EV adoption, Navigato represents a micropayment and location system for EV charging stations. Navigato can be used by all service providers along the mobility ecosystem supply chain to easily and securely exchange the usage, maintenance, financial transaction data with the vehicle, owners and drivers, V2V transactions as well as C2C transactions. The proprietary AI algorithms for performance improvement and grid planning helps our B2B clients to reduce gaps in their networks and improve quality. The main technological advance that allowed us to create Navigato in its current form is the emergence of IOTA, the first open-source distributed ledger that is being built to power the future of the IoT with feeless microtransactions and data integrity for machines. This gives us access to the mobility software market that is sized at least €808 million. We charge a micro payment transaction fee of 1-1.5% plus a monthly subscription fee of €15-€50 per charging stations/month. Our clients are EVSE operators, our end-users are EV drivers and owners and our providers are software and hardware (sensor, etc.) providers. Navigato can play a role in lowering emissions in Europe by assisting EVs to be adopted. Greenhouse gas emissions of EVs, with the current EU energy mix and over the entire vehicle life cycle, are about 17-30 % lower than the emissions of petrol cars.