The EV Project

The EV Project
The EV Project

While we see many ideas and theories about the electric car market, The EV Project is actually out there doing invaluable market research and installing and monitoring charging stations. The project began with funding of $99.8 million, which has now grown to $230 million, Half of the money came from the government, with the balance from investing partners. It has been ongoing since 2009 with the idea of installing charging stations in major cities and metropolitan areas right across the United States of America.

Even though the project recently reached its optimum number of charging stations which it can fund using its own resources, more and more people are still joining the project using their own self financed charging points.

What is the main aim of the project?

The idea is to create a network of charging stations which the project will monitor and analyse in minute detail. This will allow the electric car industry to evaluate the use of vehicles, the charging patterns of users, and bring this all together to create more efficient and more targeted services in the future. At this moment in time many electric car manufacturers and recharging station operators are basing their strategies on guesswork. The EV Project is the largest of its kind in the world and is already beginning to assist the wider industry with plans for the future.

Quote from ElectricForum.com : "As we see more and more electric cars on the roads perhaps we now need to look more closely at electric car charging stations. How far away from you is your nearest car charging station?"

The project is working very closely with Nissan and Chevrolet with regards to the Nissan Leaf and the Chevrolet Volt, which are amongst the more popular electric vehicles of today. Initially, prior to reaching the optimum number of funded charging stations, owners of the two electric vehicles mentioned above were eligible for funding to install and operate their home-based charging stations. Whilst $230 million is an enormous amount of money, it is but a blot on the landscape when you look at worldwide government funding for the gasoline automobile industry and the information collected will prove invaluable going forward.

Practice beats theory every day of the week

Even though the electric car industry has been around for in excess of 100 years, the atmosphere and the environment surrounding the industry has changed dramatically. As a consequence, The EV Project has certainly cast a very different light on the industry and the habits of electric car users today. The more focused the future offerings are from the electric car industry, the more efficient and more cost-effective it will become. The EV Project will to all intents and purposes become a self fulfilling prophecy.......

One of the main issues which the electric car industry needs to address, and this is the same for the electric car charging industry, is promotion and publicity. The vast majority of us will have electric car charging stations in our vicinity but the chances are that many of us will be blissfully unaware of where they are. Publicity is as much of an importance going forward as technology and if challenges such as The EV Project can help to bring these together then the $230 million funding will repay itself many times over.