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Our Vision at Etosstar in the EV world
Location
Cyprus
Role
Project Manager
Project type
Installations and more
Date
Nov 2022
At EtosStar we provide the perfect guide to the electric vehicle charger industry. We advise the best EV charger for you in the market. We have experience with tesla wall chargers charging from tesla model 3 to tesla model X. To other big universal brands such as Wallbox, Etrel, Circontrol, and Juicebox 40.
The electric car charger industry is moving even faster than the EV market so they can keep up with the market's demand. In Cyprus in the near future will be supplied charging stations from home EV chargers to domestic EV chargers to charge the batteries of electric vehicles.
Connect your charger to your home electricity that is already supplied with solar panels and add your smart charger features for the best and ECO-friendly experience. The biggest question we get is how we see the future of electric vehicle charging in Cyprus.
We believe that level 2 charging will be dominating the electric vehicle supply equipment in Cyprus. In the US the NEMA 14-50 outlet is most commonly used to connect electric vehicle charging. In Cyprus, we use 240 volts for single-phase and 420 volts for three-phase. Strait from the grid, connected to a 30,40, or 50 amps breaker.
A platform uses the OCPP protocol that most of the chargers come already with it installed. It allows the charger owner to connect the charger to a portal so that he can manage the usage of his charger. Using Wi-Fi connectivity or ethernet to connect to the Internet.
This could be installed phone chargers that we recommend or any charger installed. From setting up the cost per kWh for public use to using the room's card RFID to enable the charge for a customer's vehicle. Using the receipt of the charge to be used as a tax credit for EV owners.
In the hotel industry, the hotel that is going to profit the most out of the electric charger industry is one of the first ones that connect to a platform. We have our own platform and we're going to talk about it soon. Imagine using the RFID car that you unlock your hotel room, to charge the vehicle as well. Everything will be linked to your credit card and paid automatically.
As a Hotel owner, you'll get traffic from the electric vehicle customers that only look for hotels that have them installed. Electric vehicle customers are increasing daily and it's projected to be increased by 100% by 2027. The cost of charging an electric vehicle is one-third of the price of a regular combustion engine car.
So by increasing the cost per Kwh that the hotel charges its customer, it's easy as the customer compares the cost of travel with a regular combustion engine car. The charge rate could be adjusted daily by either the hotel owner, an admin member of the portal, or by us.
Supermarkets should see this as an opportunity. On average one hour of charge gives 30km to a car. The owner of a vehicle will have to stay at the supermarket for an average of 1-2 hours. The longer a customer stays at a supermarket the more he spends.
Adding a charging vehicle point might be a great opportunity for the supermarket's revenue. In Europe locations that added free charging spots for customers saw an increase in sales of up to 30%.
EV charging averagely takes 1h to give to cars battery pack enough juice to travel 50km. That forces a customer to stay an average of one hour in a supermarket. Customers that stay longer spend more.
Parking slots that are privately owned in city centers. Most privately owned parking in Cyprus are in great spots for locals and tourists. Installing a charger for public usage could be a great business. In the buying, the platforms won't have any competition thus the prices could be taken advantage of.
The owner of the parking slot could take advantage of people leaving their cars there for work. A car needs an average of 8 hours to fully charge. That could be a big opportunity for the first parking business owners.
Shopping malls already started using charging stations as an opportunity to increase the amount of time, a customer spends at the shopping mall so that it would increase its profits. First Business owners, don't mind the extra electricity cost of electric vehicle charging stations. However, in the future, as the number of vehicles will increase the usage of chargers will increase.
Businesses will have to arrange a method of adding at least charging their customers, the amount of energy used by the chargers, so so that they won't sublease the full cost of the electricity used. Everything will be able to be managed by our portal.