Urban E-mobility At Scale (UEAS)

Lead Participant: URBAN ELECTRIC NETWORKS LTD

Abstract

Urban Electric Networks Ltd (t/a Urban Electric) (UE) is a 3-year old pre-revenue startup voted #6 European Cleantech Startup Of The Year 2018, GreenFleet Industry Innovation of the Year 2019, and has benefitted from circa £5M in total project funding for R&D, product development, prototyping and demonstrator trials with Oxford, Dundee and Plymouth City Councils.

The company, led by a team of highly experienced EV charging industry experts, is targeting the on-street electric vehicle (EV) charging segment, where 30-43% of UK households have no off-street parking, meaning ~10 million UK EVs will need to charge on-street in residential areas and more than 10x this number in European cities.

The UEone is a dual socket app operated 'pop-up' charge point designed primarily for overnight on-street charging in residential and city centre streets that retracts fully underground when not in use, leaving pavements obstruction and street clutter free. It is the only scalable on-street charging solution for residential streets and urban centres because it is:

the only flat and flush pavement charging solution that does not require special equipment such as lances and which meets inclusive mobility guidelines;
deployable as multi-bay EV Only charging hubs, providing certainty of availability to EV drivers;
defensible, with two patents pending for major global markets.
This project will enable the following activities, which have been not possible to undertake due to delays arising from COVID-19:

Further product development and refinement of the UEone charge point and app with new IP if applicable;
Design for Manufacturing / cost engineering the UEone ready for mass production (for UK and export markets);
Collaborate with partners to demonstrate the commercial viability of the UEone "Own and Operate" business model through the deployment of up to 5 charging hubs;
Optimise the pricing model for best value for electric vehicle users / achieving respectable IRR.
Explore the viability of alternative revenue streams in order to minimise the impact of utilisation risk for investors at this stage of EV adoption.

Lead Participant

Project Cost

Grant Offer

 

Participant

URBAN ELECTRIC NETWORKS LTD

Publications

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