Powering the Drive

The world's transportation and energy demands are swiftly transitioning towards sustainable resources, and eMobility is leading the way! With the rise in adoption, eMobility has the potential to save up to 1.8 million barrels of oil per day by 2025. Furthermore, 2024 is expected to be a promising year for EV adoption, with an even more significant increase anticipated.

The clean and green transportation era has arrived, bringing to life what was once just an imagination a few years ago. However, the responsibility of ensuring a successful transition to the eMobility ecosystem lies with all the stakeholders, including utilities, Charge Point Operators, businesses, and consumers. Although each stakeholder has distinct responsibilities, I believe there is an opportunity to connect them and create a seamless experience and future-proof the EV ecosystem.

In other words, eMobility platforms!

Rapid advancements in technologies such as AI, ML, and Data Transformation are opening new avenues for utility businesses to understand their customers, operate, tailor customer-specific solutions, and accelerate smooth eMobility adoption.

Let's take a closer look at how eMobility platforms are playing a pivotal role in helping each stakeholder in hastening sustainable eMobility adoption:

1. Customer Experience - Delivering an elevated experience to the customers

One of the primary advantages of eMobility platforms is improved customer experience. EV adoption is a lifestyle shift, and customers require a well-defined support system for the transition. eMobility platforms provide a seamless experience, from enabling customers to locate chargers, charge their EVs, pay their EV charging bills, and help surface numerous savings programs, rebates, best-suited rate plans, and tools to understand EV billing and usage. Such elevated experience ensures higher eMobility advocacy from consumers, which catalyses EV adoption.

2. Managed Charging - Enable grid load balancing

As EV adoption grows, managing increased EV Charging load on the Energy Distribution network is a definite challenge. eMobility Platform helps Utilities aggregate charging behavior data and predict demand through AI/ML modeling. The Demand forecast and data insights help Utilities in distribution planning and, at the same time, serve as input to Utilities in devising Rate plans, Demand Response programs, and other innovative practices to help shift demand to off-peak periods.

At the same time, the eMobility Platform can directly manage Smart Chargers on the ground through advanced AI/ML-powered algorithms that take into account current Grid load, energy prices, and demand forecast. This real-time capability to run Managed Charging programs lends incredible power to Utilities.

3. Interoperability: Boost EV infrastructure utilisation

While discussing platforms, it’s not just the software in play but also the hardware, such as EV chargers and energy storage solutions. There are over 2.7 million charging stations installed globally. But issues such as range anxiety and a lack of charging stations are still top areas of concern for current or potential EV owners. Through interoperability, eMobility platforms ensure EV owners can access multiple charging point operators and not just their own, hence solving for both: infrastructure utilization and increased charger availability for EV owners.

4. Distributed Energy Resource: Onset of VPPs (Virtual Power Plants)

The eMobility platform goes beyond EV ownership and charger management. The power of technology and innovation can now turn owning an EV and other storage devices into rewarding ownership. eMobility Platform, powered with its intelligent algorithms and integration with Utility systems and Distributed Energy Resources such as EVs and smart Storage Devices, can play the role of VPPs and can be instrumental in managing Grid Load

5. AI/ML-powered Intelligent platform

eMobility Platform has a unique vantage point given its connectivity to consumer devices, meters, and collection of multitudes of consumption and usage data. The data thus collected, when combined with AI/ML-powered models, provides the eMobility platform with the unique ability to generate insights into customer behavior, usage, and needs and demonstrate the effectiveness of current offerings. With its real-time actionable intelligence and ability to predict future demand, the platform can help partners & stakeholders plan and manage infrastructure and deliver services reliably.