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Energy firm to launch blockchain-powered EV charging station

Egoras Technology, a Nigerian energy company, has said plans are in top gear for the launch of ‘Egostation’, a revolutionary blockchain-powered electric vehicle charging station.…

Egoras Technology, a Nigerian energy company, has said plans are in top gear for the launch of ‘Egostation’, a revolutionary blockchain-powered electric vehicle charging station.

Set to debut in Port Harcourt, in June, the charging infrastructure is poised to reshape the future of sustainable transportation in the region, the startup said in a statement.

Powered by Egoras’ proprietary blockchain solution, Egochain, Egostation ensures enhanced transparency and incentivizes station ownership, fostering the widespread adoption of EVs across Nigeria.

Egostation’s cutting-edge Level 3 DC fast charging system enables rapid charging, with the capability to charge an electric vehicle up to 80% within just 20 minutes, making it an ideal solution for the dynamic needs of modern EV owners.

The startup revealed that Level 3 charging stations like Egostation, are equipped with DC fast chargers.

Compared to traditional Level 2 AC chargers, DC fast chargers deliver significantly faster charging times.

This is because DC chargers bypass the car’s onboard AC/DC converter, delivering direct current to the battery for a more efficient and rapid charging process.

“We are excited to introduce Egostation as a game-changer in EV charging technology,” said the Chief Executive Officer at Egoras, Ugoji Harry.

“By leveraging the power of blockchain through our proprietary Egochain, we are not only revolutionizing the EV charging experience but also incentivizing the widespread adoption of electric vehicles across the country.”

He explained that Egoras’ commitment to sustainability extends beyond its charging stations.

“Our fleet of electric vehicles and charging station terminals will be seamlessly integrated into the Egochain, ensuring enhanced security, transparency and efficiency,” Harry stated.

“The integration of Egochain technology into Egostation represents a paradigm shift in the EV charging landscape,” Harry said.

“By incentivizing station ownership and rewarding participation, we are driving the widespread adoption of EVs while simultaneously advancing Nigeria’s EV infrastructure,” he added.

Last year, the company launched a gas-powered tricycle known as the Egoras Dual-Fuel Tricycle.

The tricycle offers a cost-effective solution for both urban and rural areas, while also contributing to a greener environment.

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