• Markets
  • Crypto
  • Web3
  • Culture
  • Opinion
  • Politics
Subscribe
  • Login
  • Register
No Result
View All Result
  • Markets
  • Crypto
  • Web3
  • Culture
  • Opinion
  • Politics
No Result
View All Result
No Result
View All Result

Ethereum Based EV Charging Stations Come to California

13/07/2017 11:29
No comments

Innogy, Germany’s biggest energy company, recently announced they are to enter the US market, focusing on California, after establishing a new subsidiary called Innogy e-mobility US LLC.

They have partnered with Oxygen Initiate, a start-up that said earlier this year they were ready to enter the US market with Stephen G. Davis, founder and CEO of Oxygen Initiative stating:

“E-mobility technologies are ushering in advancements in transportation that could foster the adoption of clean-tech autonomous vehicles (AVs) and electric vehicles (EVs), which could bring the dream of less congestion and pollution, shorter commutes and lower operating costs into reality.

We’re excited to do our part by introducing blockchain technology for the mobility space to the United States, starting with access and payment solutions for electric charging stations.”

Innogy manages some 5,700 EV charging points, making them Europe’s largest EV charging network. Earlier this year, they blockchenized hundreds of them through ethereum.

As we reported back then, Carsten Stöcker, Senior Manager at Innogy Innovation Hub, stated:

“100s of EV Charging Assets all over Germany Blockchainified. E2E Product using asset-backed Crypto-EURO for payments,” before adding “our EV Charging assets will be on public ethereum blockchain and further assets across EU connected soon.”

They’re now expanding beyond EU to America as electric vehicles start to take off, opening one of the more interesting industry to blockchain technology as EVs are still very new, thus allowing for an easier incorporation of new tech, such as ethereum and smart contracts.

“We are firm believers in the future of electric mobility. For this reason, innogy is working constantly to drive forward the expansion of clean, climate-friendly mobility.

In Germany, we are already the leader in terms of number of charging points. Now we want to continue this success in the US. For there too, electric mobility and climate protection are a mega-topic for many states and big cities – and we have the innovative solutions for tomorrow’s traffic,” Peter Terium, CEO of innogy SE said.

Car manufacturers have also started exploring ethereum specifically and blockchain technology more generally. Toyota, for example, has been prototyping an ethereum based car sharing Uber alternative. While Ford has started looking for a blockchain engineer.

All three, including Innogy, are eyeing a potential future of self-driving cars which can be incorporated with ethereum based smart contracts to autonomously pay charging stations or for other services.

But even now, some are testing automatic payments through the blockchain when passing toll-booths or for payment of parking fees.

 

Related Posts

Signature Bank

The Demise of Signature Bank, A Crypto Contrast

Fed Increases Global Liquidity

Fed Increases Global Liquidity

Bitcoin Nears $27,000 on Bank Troubles

Not-QE is Back

Load More
  • Trending
  • Comments
  • Latest
Credit Suisse

Fed Swaps $9 Billion to Swiss National Bank, Bail Out For Credit Suisse?

The new New York

Crypto, Now Safer Than Fiat

Arbitrum abstract

Only 30% of Arbitrum Users Receive Airdrop

BlackRock's CEO Larry Fink

“Very Interesting Developments” Happening in Crypto Says BlackRock’s CEO

The bitcoin train, starting its journey?

Bitcoin Nears $27,000 on Bank Troubles

Fed's balance sheet, March 2023

Not-QE is Back

JP Morgan's CEO Jamie Dimon and Goldman Sachs' Chai Craig Blankfein back in 2016

Banks Bail Out Themself to Fed’s Applause

Arbitrum abstract

Only 30% of Arbitrum Users Receive Airdrop

Comments

Latest News

  • The Demise of Signature Bank, A Crypto Contrast
  • Fed Increases Global Liquidity
  • Bitcoin Nears $27,000 on Bank Troubles

About Trustnodes

Terms of Service

Privacy Policy

Our Ethics and Values

Trustnodes Newsletter

(You have to be a paid subscriber)

Trustnodes © 2017-2023. All Rights Fully Reserved. For any Enquiries contact@trustnodes.com RSS Feed

No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Markets
  • Crypto
  • Web3
  • Culture
  • Opinion
  • Politics

Trustnodes © 2017-2023. All Rights Fully Reserved. For any Enquiries contact@trustnodes.com RSS Feed

Welcome Back!

Login to your account below

Authenticate with MetaMask Loading...

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?