A Nigerian energy startup, Egoras Technology, launches a blockchain-powered electric vehicle (EV) charging station in Rivers State, Nigeria. This will help boost sustainable transportation and also create an incentive-based system for station owners in Nigeria.
Egoras Roll Out an EV Charging Model Driven by Blockchain
Ugoji Harry, CEO of Egoras Technology, explained that the company plans to use its “Egochain” technology to encourage station ownership and expand the Egostation network.
Harry added that Egostation might contribute to a faster pace of EV adoption in the nation. In addition to ensuring openness, he claimed that this approach will encourage station ownership.
According to him, the way the Egostation operational model integrated its blockchain, Egochain, changed the game for electric vehicle charging.
Egoras has announced that it will launch the APEX 28, an electric car built in Nigeria, in April.
Nigeria’s EV Infrastructure Kick Start
Harry urged interested parties to take advantage of the chance to work together to build charging stations across the country, which would help Nigeria’s EV infrastructure grow.
Harry claims that when more cars use Egostation for charging, station owners receive incentives in the form of $EGAX block tokens, fostering a system that incentivizes network expansion and rewards contributors.
“We are driving the widespread adoption of EVs while simultaneously advancing Nigeria’s EV infrastructure by rewarding participation and incentivizing station ownership,” he stated.
Feature of the Level 3 Charging Stations
Harry mentioned that DC fast chargers, which can charge an electric car up to 80% in 20 minutes, are a feature of Level 3 charging stations, such as Egostation.
Comparing Level 3 DC fast chargers to conventional Level 2 AC chargers, the former offers noticeably quicker charging times.
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