“Hello, do you have an echarge station available?”
Soon, this will be the first question we ask of hotels when our electric vehicles pass through an area and we’re in the market for a bed for the night.
Thanks to the eCharge network, hotels will increasingly be able to answer in the affirmative.
With climate change spiralling onwards, governments and the private sector are slowly waking up to the fact that if the political and economic implications of a worldwide reliance on petrol and diesel won’t make us come to our senses, perhaps the harsh reality of having to survive on a planet we’re destroying, will.
The rise of the electric mobility industry is an answer to our plight, and though it’s easily discarded as the latest trendy hobby of the eco-conscious nouveau rich, give it another decade or so and having to stop at the gas station will raise eyebrows from your peers and fill you with guilt the way a vegan does at a leather shop.
Luckily, for all our global sluggishness in waking up to reality, there are pioneers around the world moving to do something about it.
You Can eDrive … But Can You eCharge?
The mass adoption of electric cars is coming sooner than you think.
According to the International Energy Agency:
The electric car market is set to transition from early deployment to mass market adoption over the next decade or so. Between 9 and 20 million electric car could be deployed by 2020, and between 40 and 70 million by 2025.
Additionally, research has revealed that as much as 40 percent of car sales will be electric vehicles (EV) by 2040. This growth in EV ownership will continue to rise alongside pressing economic and climatic problems that will necessitate seeking out alternative solutions.
One of the issues facing this growing industry is that of infrastructure. You might have access to a charging station at home and at work, but what happens when you want to take some downtime over the weekend and there are no charging points along the way?
With Tesla’s Model S having a driving range of up to 500km, this will become a problem when your charge-less hideaway spot up in the mountains is more than 250km away.
“Bed, Breakfast, Wi-Fi, and an eCharge, Please.”
eCharge CEO Markus Dold fell in love with EVs the first time he ever stepped foot in one. Convinced that it will be the preferred personal transportation choice in the future, he was determined to add value to a growing industry that could do with an infrastructural boost.
In 2016, he established a company that will soon be responsible for having your car charged in hotel parking lots all across Europe.
In what is an ingenious business model, eCharge provides hoteliers with the unique opportunity to provide what will be an increasingly popular – and, ultimately, an absolute necessity – value-added service to paying guests.
Through our smart blockchain-based energy flow management software, we aim to build the largest battery energy storage network in the eCar community. We’re grateful for the support we receive from the emobility community worldwide in our initiative to implement 50,000 charging stations in hotels, offices, apartments and parking lots.
The eCharge Model
In what is sure to change the face of e-mobility, eCharge will install e-vehicle charging stations at participating hotels at no cost to the hotel. Electricity and back-end support is also provided free of charge. Thus, there is no need for a high-cost outlay for something that, to date, is a mere luxury offering. By signing an exclusive partnership with eCharge, hotels are able to get in early on a facility that will, down the line, be an industry standard.
Moreover, hotels can leverage on the eCharge mobile app and market themselves to the eCharge user base, including presenting special offers to a niche audience.
Once it goes live, users of the eCharge app will have a powered-up world at their fingertips.
They’ll be able to determine the location of echarge stations across Europe (with no need to use a second app to look for a hotel). Booking through the eCharge system will also provide them with special accommodation rates.
They’ll have peace of mind, assured that their car battery stays charged irrespective how far away their house or office is from their road trip destination.
The transparent booking platform eliminates waiting time and charging station bloat by seamlessly coordinating available charge slots.
Thanks to the built-in kilowatt-hours cryptocurrency wallet that operates with the native ECH token, they’ll be able to book and pay for their charge in advance, without the need to exchange currency or pull out a credit card.
In future, thanks to a load-equalizing smart grid, users will even be able to auction their excess charge back to the eCharge grid during peak hours so as to ease the demand on the electricity load.
The eCharge ICO
eCharge has already built up an existing partnership network and is ready to ship their hardware to hotels around Europe. Through an ICO, they can ensure quicker network growth.
Their ECH token is pegged against Ethereum and is priced at 0.004 ETH per token, with a minimum investment of 50 ECH and no maximum contribution limit.
Token distribution is as follows:
- 37,000,000 tokens will be distributed during the ICO.
- 5,000,000 tokens will be retained by eCharge to ensure liquidity of the ecosystem.
- 200,000 tokens will be airdropped to a predetermined number of ERC20 wallets in the run-up to and during the ICO.
A token pre-sale is currently live and includes a 30% bonus for ECH token buyers for the first 2,000,000 distributed tokens (including bonus). Then, the bonus amount will deduct by 1 percent for the next 2,000,000 and so forth, until a bonus of 25 percent is reached. A 25 percent bonus will be distributed to the next 8,000,000 tokens, 20% to the following 9,000,000 tokens, and 15% to the final 10,000,000 tokens.
eCharge will be announcing the date of their ICO soon.
Why an ICO?
The eCharge journey begins in Germany and Austria, where there is a total of 50,000 hotels. The company has an existing pipeline of more than 1,000 hotels ready to receive charging stations within the next 18 months. Setting up echarge stations, however, comes with a high capital investment.
By launching an ICO, the company will achieve the following:
- Raise the required cash injection to provide partner hotels with the necessary hardware
- Afford investors the opportunity to capitalize on a growing trend without the need for a massive upfront investment.
- Establish demand for the ECH token that will be tradeable on cryptocurrency exchanges.
With the introduction of industry collaborations and future partnerships that will increase the value of both industry valuation and that of the ECH token, the eCharge ICO offers investors a chance to gain a foothold in an industry that has yet to explode.
Historically, investing in cutting-edge tech has been the sole prerogative of venture capitalists and angel investors looking to diversify their investment portfolios. Thanks to the introduction of the ICO into blockchain, average investors the world over are now part of the game.
eCharge ups the ante by letting investors put their money into hardware that will fuel up EVs all across Europe.
Let the EV revolution begin!
To learn more about eCharge, the token presale and ICO, visit http://echarge.io. You can also read the eCharge whitepaper for more detailed information on the project. To interact with the eCharge community, join them on Telegram.