SlideShare a Scribd company logo
1 of 35
VIRTA
TRANSFORM YOUR FREE CHARGING
SERVICE TO A COMMERCIAL BUSINESS
26.10.2015 2
People are not buying electric vehicles
because:
1.They feel that EVs are too expensive
2.They feel that the range of EVs is too short
3.They feel that there are not enough good
charging possibilities
Problem:
You need a big charging network so that
people would buy electric vehicles…
… but companies don’t want to invest in
charging networks if there are no
electric vehicles
Easy solution: Taxpayers’ money
… however, this is just a temporary
solution that won’t last for long
sooner or later you need to be able to
do business without government
subsidies
26.10.2015 7
Question we at Virta hear every day:
How can my organization change our free
charging network to a commercial
business?
Or how can we get at least some money
from the charging?
STORY ABOUT WHAT HAPPENED IN
FINLAND
26.10.2015 9
INDIVIDUAL COMPANIES HAD BOUGHT AND
INSTALLED SOME CHARGING STATIONS
ALL CHARGING WAS FREE
26.10.2015 10
There was interest in some
companies to start invoicing money
from charging
However, the analysis showed
that creating payment
solutions is far too expensive
26.10.2015 11
What the Finnish companies were looking for was:
1. Operation costs need to be low and everything
needs to be fully automatized
2. Different charging stations need different prices
3. Roaming needs to be build in to the system from
day one
26.10.2015 12
SOLUTION
One technical platform
Available in many brands
26.10.2015 13
Energy utilities got state-of-the-art payment
solutions with a low cost
Customers got a big network with seamless
roaming, they can charge everywhere
New companies can easily join the network,
even the small ones with 1-2 stations
THREE MAIN THINGS WE LEARNED IN
FINLAND
1. Your customers will accept that
you start asking money for charging
The sooner you move from free to paid services,
the easier it will be for you
2. You need different payment options –
one size does not fit all
Plug-in hybrids need a totally different payment
models than a Tesla
Tourists who visit you once a year need different
payment models than the locals who charge daily
3. You need to minimize and automate
your own work
do not go with a solution that requires you to manually
create user accounts and manually create and send
invoices
When you select a backend system,
focus on automation
WHAT AN OPTIMAL PAYMENT SOLUTION
LOOKS LIKE AT THE END
To maximize the profits of your
charging business, you need to
optimize the utilization of your
charging network
In other words, you want to have the
optimal number of electric vehicles
charging at your network all the time.
To optimize the utilization,
you need two things:
1. You need different prices for
different stations
maybe even different prices at different
times of day?
2. You need different prices for
three different customer groups
1. Visitors, who charge rarely
2. Active users, who charge regularly
3. Heavy users, who charge daily
26.10.2015 23
AT THE END YOU SHOULD HAVE THREE
PRICING MODELS
1. Direct payments for
visitors, no requirement
for membership or
subscription
2. Pay as you go –model
for active users with a
membership and
subscription
S
• 100
kWh
• 20 € /
month
M
• 250
kWh
• 40 € /
month
L
• 500
kWh
• 70 € /
month
3. Monthly packages for
heavy users who charge
their EVs daily
26.10.2015 24
ALSO, YOU NEED TO CONSIDER DIFFERENT EV
MODELS IN YOUR PRICING
Example: price for charging is 2 €/h on a 22 kW AC
charging station
1. Price for a plugin-hybrid, charging from Schuko:
87 cents / kWh
2. Price for a Tesla with a double charger:
9 cents / kWh
One size does not fit all
FIVE STEPS IN TRANSFORMATION FROM
FREE TO PAID CHARGING SERVICES
Step 1: Focus on communication
Tell your customers why you are asking
money for charging, they will understand.
Give your users a clear transition period
so that the change does not come as a
surprise for them.
Step 2: Offer something extra
Your customers will accept your prices
easier, if you offer them something more
than just the electricity.
For example: great mobile apps, 24/7
customer service, reservation possibility…
Step 3: You can start small, but be
prepared to offer different pricing plans
You can get started with just one charging unit and
with just the direct payments
However, sooner or later you need to create different
pricing plans for plugin-hybrids and Teslas, and for
tourists and heavy users
Step 4: Automate everything
Automate especially customers registration
process and your payment process, including
roaming payments.
Do not go for a solution where you need to
handle customers and invoicing manually.
Step 5: Optimize your charging
network utilization
To maximize your revenue, you need to optimize
your utilization.
To optimize your utilization, do tests: how does
the utilization and revenue change if you for
example give a -20 % discount for a week?
Result: You can get more
customers with paid solution
than with a free one
If you offer a great service, people are ready
to pay for it. If your service has problems,
people won’t use it even for free.
HOW WE AT VIRTA CAN HELP YOU
VIRTA’S SOLUTION FOR A FREE-TO-PAID
TRANSITION
1. We have done transition from free to paid service with
many companies – we have both the expertise and the
technology to do this
2. We have a fully automatized technical platform which is
used in several countries by over 20 energy utilities
3. With our solution you can offer wide range of payment
options to your customers – starting from simple direct
payments ending up to different monthly packages
4. It doesn’t matter if you are big or small – our payment
solutions scale up from a single charging unit to a country
wide roaming network
26.10.2015 33
Summary
From free charging to paid services
1. The sooner you start with paid services, the
easier it will be for you
2. Be prepared to offer different pricing plans,
differentiate for customer groups and vehicle
types
3. Choose a technical platform that
automates all your money traffic
We at Virta have an excellent
solution for you
I AM HAPPY TO DISCUSS MORE – PLEASE COME
AND MEET US ON ECARTEC
Jussi Ahtikari
Chief Technology Officer
Virta Ltd.
jussi.ahtikari@virta.fi
+358 50 5148489
solutions.virta.fi/en
twitter: @virtaltd
26.10.2015 35

More Related Content

Recently uploaded

What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'
What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'
What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'Euromotive Performance
 
如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一
如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一
如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一opyff
 
如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查
如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查
如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查huxs9sacp
 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...Health
 
Why Does My Porsche Cayenne's Exhaust Sound So Loud
Why Does My Porsche Cayenne's Exhaust Sound So LoudWhy Does My Porsche Cayenne's Exhaust Sound So Loud
Why Does My Porsche Cayenne's Exhaust Sound So LoudRoyalty Auto Service
 
SEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVE
SEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVESEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVE
SEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVEZhandosBuzheyev
 
T.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptx
T.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptxT.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptx
T.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptxBernardLongboan
 
在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一
在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一
在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一qh1ao5mm
 
如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一
如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一
如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一avy6anjnd
 
Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...
Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...
Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...Hyderabad Escorts Agency
 
Is Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's Why
Is Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's WhyIs Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's Why
Is Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's WhyBavarium Autoworks
 
West Bengal Factories Rules, 1958.bfpptx
West Bengal Factories Rules, 1958.bfpptxWest Bengal Factories Rules, 1958.bfpptx
West Bengal Factories Rules, 1958.bfpptxPankajBhagat45
 
Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...gajnagarg
 
Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...nirzagarg
 
CELLULAR RESPIRATION. Helpful slides for
CELLULAR RESPIRATION. Helpful slides forCELLULAR RESPIRATION. Helpful slides for
CELLULAR RESPIRATION. Helpful slides foreuphemism22
 
Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...nirzagarg
 
John deere 7200r 7230R 7260R Problems Repair Manual
John deere 7200r 7230R 7260R Problems Repair ManualJohn deere 7200r 7230R 7260R Problems Repair Manual
John deere 7200r 7230R 7260R Problems Repair ManualExcavator
 
Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...gajnagarg
 
一比一原版伯明翰城市大学毕业证成绩单留信学历认证
一比一原版伯明翰城市大学毕业证成绩单留信学历认证一比一原版伯明翰城市大学毕业证成绩单留信学历认证
一比一原版伯明翰城市大学毕业证成绩单留信学历认证62qaf0hi
 
Muslim Call Girls Churchgate WhatsApp +91-9930687706, Best Service
Muslim Call Girls Churchgate WhatsApp +91-9930687706, Best ServiceMuslim Call Girls Churchgate WhatsApp +91-9930687706, Best Service
Muslim Call Girls Churchgate WhatsApp +91-9930687706, Best Servicemeghakumariji156
 

Recently uploaded (20)

What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'
What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'
What Does It Mean When Mercedes Says 'ESP Inoperative See Owner's Manual'
 
如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一
如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一
如何办理多伦多大学毕业证(UofT毕业证书)成绩单原版一比一
 
如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查
如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查
如何办理(爱大毕业证书)爱丁堡大学毕业证成绩单留信学历认证真实可查
 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN ABUDHABI,DUBAI MA...
 
Why Does My Porsche Cayenne's Exhaust Sound So Loud
Why Does My Porsche Cayenne's Exhaust Sound So LoudWhy Does My Porsche Cayenne's Exhaust Sound So Loud
Why Does My Porsche Cayenne's Exhaust Sound So Loud
 
SEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVE
SEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVESEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVE
SEM 922 MOTOR GRADER PARTS LIST, ALL WHEEL DRIVE
 
T.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptx
T.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptxT.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptx
T.L.E 5S's (Seiri, Seiton, Seiso, Seiketsu, Shitsuke).pptx
 
在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一
在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一
在线定制(UBC毕业证书)英属哥伦比亚大学毕业证成绩单留信学历认证原版一比一
 
如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一
如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一
如何办理(Waterloo毕业证书)滑铁卢大学毕业证毕业证成绩单原版一比一
 
Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...
Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...
Faridabad Call Girls ₹7.5k Pick Up & Drop With Cash Payment 8168257667 Call G...
 
Is Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's Why
Is Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's WhyIs Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's Why
Is Your Volvo XC90 Displaying Anti-Skid Service Required Alert Here's Why
 
West Bengal Factories Rules, 1958.bfpptx
West Bengal Factories Rules, 1958.bfpptxWest Bengal Factories Rules, 1958.bfpptx
West Bengal Factories Rules, 1958.bfpptx
 
Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...
Top profile Call Girls In Ranchi [ 7014168258 ] Call Me For Genuine Models We...
 
Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...
Top profile Call Girls In Darbhanga [ 7014168258 ] Call Me For Genuine Models...
 
CELLULAR RESPIRATION. Helpful slides for
CELLULAR RESPIRATION. Helpful slides forCELLULAR RESPIRATION. Helpful slides for
CELLULAR RESPIRATION. Helpful slides for
 
Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Thrissur [ 7014168258 ] Call Me For Genuine Models ...
 
John deere 7200r 7230R 7260R Problems Repair Manual
John deere 7200r 7230R 7260R Problems Repair ManualJohn deere 7200r 7230R 7260R Problems Repair Manual
John deere 7200r 7230R 7260R Problems Repair Manual
 
Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...
Top profile Call Girls In dharamshala [ 7014168258 ] Call Me For Genuine Mode...
 
一比一原版伯明翰城市大学毕业证成绩单留信学历认证
一比一原版伯明翰城市大学毕业证成绩单留信学历认证一比一原版伯明翰城市大学毕业证成绩单留信学历认证
一比一原版伯明翰城市大学毕业证成绩单留信学历认证
 
Muslim Call Girls Churchgate WhatsApp +91-9930687706, Best Service
Muslim Call Girls Churchgate WhatsApp +91-9930687706, Best ServiceMuslim Call Girls Churchgate WhatsApp +91-9930687706, Best Service
Muslim Call Girls Churchgate WhatsApp +91-9930687706, Best Service
 

Featured

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by HubspotMarius Sescu
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

Electric vehicle charging - From free to paid services

  • 1. VIRTA TRANSFORM YOUR FREE CHARGING SERVICE TO A COMMERCIAL BUSINESS
  • 2. 26.10.2015 2 People are not buying electric vehicles because: 1.They feel that EVs are too expensive 2.They feel that the range of EVs is too short 3.They feel that there are not enough good charging possibilities
  • 3. Problem: You need a big charging network so that people would buy electric vehicles… … but companies don’t want to invest in charging networks if there are no electric vehicles
  • 5. … however, this is just a temporary solution that won’t last for long
  • 6. sooner or later you need to be able to do business without government subsidies
  • 7. 26.10.2015 7 Question we at Virta hear every day: How can my organization change our free charging network to a commercial business? Or how can we get at least some money from the charging?
  • 8. STORY ABOUT WHAT HAPPENED IN FINLAND
  • 9. 26.10.2015 9 INDIVIDUAL COMPANIES HAD BOUGHT AND INSTALLED SOME CHARGING STATIONS ALL CHARGING WAS FREE
  • 10. 26.10.2015 10 There was interest in some companies to start invoicing money from charging However, the analysis showed that creating payment solutions is far too expensive
  • 11. 26.10.2015 11 What the Finnish companies were looking for was: 1. Operation costs need to be low and everything needs to be fully automatized 2. Different charging stations need different prices 3. Roaming needs to be build in to the system from day one
  • 12. 26.10.2015 12 SOLUTION One technical platform Available in many brands
  • 13. 26.10.2015 13 Energy utilities got state-of-the-art payment solutions with a low cost Customers got a big network with seamless roaming, they can charge everywhere New companies can easily join the network, even the small ones with 1-2 stations
  • 14. THREE MAIN THINGS WE LEARNED IN FINLAND
  • 15. 1. Your customers will accept that you start asking money for charging The sooner you move from free to paid services, the easier it will be for you
  • 16. 2. You need different payment options – one size does not fit all Plug-in hybrids need a totally different payment models than a Tesla Tourists who visit you once a year need different payment models than the locals who charge daily
  • 17. 3. You need to minimize and automate your own work do not go with a solution that requires you to manually create user accounts and manually create and send invoices When you select a backend system, focus on automation
  • 18. WHAT AN OPTIMAL PAYMENT SOLUTION LOOKS LIKE AT THE END
  • 19. To maximize the profits of your charging business, you need to optimize the utilization of your charging network
  • 20. In other words, you want to have the optimal number of electric vehicles charging at your network all the time. To optimize the utilization, you need two things:
  • 21. 1. You need different prices for different stations maybe even different prices at different times of day?
  • 22. 2. You need different prices for three different customer groups 1. Visitors, who charge rarely 2. Active users, who charge regularly 3. Heavy users, who charge daily
  • 23. 26.10.2015 23 AT THE END YOU SHOULD HAVE THREE PRICING MODELS 1. Direct payments for visitors, no requirement for membership or subscription 2. Pay as you go –model for active users with a membership and subscription S • 100 kWh • 20 € / month M • 250 kWh • 40 € / month L • 500 kWh • 70 € / month 3. Monthly packages for heavy users who charge their EVs daily
  • 24. 26.10.2015 24 ALSO, YOU NEED TO CONSIDER DIFFERENT EV MODELS IN YOUR PRICING Example: price for charging is 2 €/h on a 22 kW AC charging station 1. Price for a plugin-hybrid, charging from Schuko: 87 cents / kWh 2. Price for a Tesla with a double charger: 9 cents / kWh One size does not fit all
  • 25. FIVE STEPS IN TRANSFORMATION FROM FREE TO PAID CHARGING SERVICES
  • 26. Step 1: Focus on communication Tell your customers why you are asking money for charging, they will understand. Give your users a clear transition period so that the change does not come as a surprise for them.
  • 27. Step 2: Offer something extra Your customers will accept your prices easier, if you offer them something more than just the electricity. For example: great mobile apps, 24/7 customer service, reservation possibility…
  • 28. Step 3: You can start small, but be prepared to offer different pricing plans You can get started with just one charging unit and with just the direct payments However, sooner or later you need to create different pricing plans for plugin-hybrids and Teslas, and for tourists and heavy users
  • 29. Step 4: Automate everything Automate especially customers registration process and your payment process, including roaming payments. Do not go for a solution where you need to handle customers and invoicing manually.
  • 30. Step 5: Optimize your charging network utilization To maximize your revenue, you need to optimize your utilization. To optimize your utilization, do tests: how does the utilization and revenue change if you for example give a -20 % discount for a week?
  • 31. Result: You can get more customers with paid solution than with a free one If you offer a great service, people are ready to pay for it. If your service has problems, people won’t use it even for free.
  • 32. HOW WE AT VIRTA CAN HELP YOU
  • 33. VIRTA’S SOLUTION FOR A FREE-TO-PAID TRANSITION 1. We have done transition from free to paid service with many companies – we have both the expertise and the technology to do this 2. We have a fully automatized technical platform which is used in several countries by over 20 energy utilities 3. With our solution you can offer wide range of payment options to your customers – starting from simple direct payments ending up to different monthly packages 4. It doesn’t matter if you are big or small – our payment solutions scale up from a single charging unit to a country wide roaming network 26.10.2015 33
  • 34. Summary From free charging to paid services 1. The sooner you start with paid services, the easier it will be for you 2. Be prepared to offer different pricing plans, differentiate for customer groups and vehicle types 3. Choose a technical platform that automates all your money traffic We at Virta have an excellent solution for you
  • 35. I AM HAPPY TO DISCUSS MORE – PLEASE COME AND MEET US ON ECARTEC Jussi Ahtikari Chief Technology Officer Virta Ltd. jussi.ahtikari@virta.fi +358 50 5148489 solutions.virta.fi/en twitter: @virtaltd 26.10.2015 35