Egoras Technology To launch Blockchain-Powered EV Charging Station

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Egoras Technology, a Nigerian energy company has announced plans to launch a blockchain-powered electric vehicle (EV) charging station named “Egostation” in Rivers State, Nigeria.

The launch of the innovative charging station which is slated for June 8, 2024, in Port Harcourt, is meant to reshape the future of sustainable transportation in the region, the company said in a statement.

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 company 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.

 “Powered by Egoras’ proprietary blockchain solution, Egochain, Egostation is poised to revolutionize the landscape of EV charging.

“This initiative not only ensures heightened transparency but also incentivises station ownership, thereby fostering the widespread adoption of electric vehicles across Nigeria,” the company said in a statement.

Ugoji Harry, the Chief Executive Officer at Egoras, expressed his enthusiasm about the project, emphasising its transformative potential. “We are excited to introduce Egostation as a game-changer in EV charging technology,” he said.

“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.”

Highlighting the company’s commitment to sustainability, Harry emphasised the seamless integration of Egostation and Egoras’ fleet of electric vehicles into the Egochain.

This integration ensures enhanced security, transparency, and efficiency throughout the charging process, reinforcing Egoras’ dedication to sustainable transportation solutions.

In a recent announcement, Egoras revealed its plans to introduce APEX 28, a made-in-Nigeria electric vehicle, in April. With this initiative, the company aims to accelerate the transition from fossil fuels to sustainable energy, further solidifying its position as a pioneer in the EV sector.

Regarding potential partnerships, Harry encouraged stakeholders to seize the opportunity to collaborate in establishing charging stations nationwide, thereby contributing to the expansion of Nigeria’s EV infrastructure.

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

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

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