Unified Energy Interface for EV Charging: 20 Companies Join Forces
By Rediff Money Desk, NEWDELHI Apr 19, 2024 15:41
Charging network operators and energy companies create a unified transaction platform for EV users, enabling seamless payments across multiple networks.
![Unified Energy Interface for EV Charging: 20 Companies Join Forces](https://im.rediff.com/money/2021/dec/08ev.jpg)
New Delhi, Apr 19 (PTI) A group of charging network operators and energy companies have joined forces to create a common transaction network for users of battery-based vehicles.
The platform named Unified Energy Interface (UEI) will also be linked to Unified Payments Interface (UPI) to offer customers payment options through multiple bank accounts, Akhil Jayaprakash, co-founder of Pulse Energy, a member of the alliance, said.
Besides Pulse Energy, 20 players like ChargeZone, Kazam, Sheru, Trinity, and Turbo are part of the alliance, he said.
"The UEI will allow customers to make transactions at any charging point of a member company. The freedom of secured transaction is expected to increase the usage of green energy in EVs.'
It will be a peer-to-peer (P2P) transaction through a common network, he added.
The platform named Unified Energy Interface (UEI) will also be linked to Unified Payments Interface (UPI) to offer customers payment options through multiple bank accounts, Akhil Jayaprakash, co-founder of Pulse Energy, a member of the alliance, said.
Besides Pulse Energy, 20 players like ChargeZone, Kazam, Sheru, Trinity, and Turbo are part of the alliance, he said.
"The UEI will allow customers to make transactions at any charging point of a member company. The freedom of secured transaction is expected to increase the usage of green energy in EVs.'
It will be a peer-to-peer (P2P) transaction through a common network, he added.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 17.63 ( -1.51)
- 86542805
- AvanceTechnologies
- 1.01 (+ 4.12)
- 75125645
- GTL Infrastructure
- 3.43 (+ 4.89)
- 61561324
- Shree Securities
- 0.39 (+ 11.43)
- 53709929
- Rajnish Wellness
- 5.73 ( -2.72)
- 29469702
MORE NEWS
![Samsung Galaxy AI...](https://im.rediff.com/80-80/news/2019/nov/ai-india-o.jpg)
Samsung Galaxy AI Adds Hindi, Expands Language...
Samsung's India research unit has added Hindi to Galaxy AI, expanding its language...
![Bihar Business...](https://im.rediff.com/80-80/money/2013/oct/03bihar6.jpg)
Bihar Business Connect 2024: Investor Roadshow...
Bihar Business Connect 2024 roadshow kicks off in Kolkata with investors eager to...
![Lydia Jett...](https://im.rediff.com/80-80/money/2018/may/07flipkart.jpg)
Lydia Jett Rejoins Flipkart Board: Former...
Lydia Jett, former Softbank managing partner, rejoins Flipkart board. Jett brings two...