Aiming to help make its electric vehicles more efficient when it comes to charging, the BMW Digital Charging Service works by intelligently monitoring electricity rates for the specific region the station is based in. This will allow the unit to only charge when the rates are low in order to save the driver money and decrease the electrical load on the grid.
The BMW Digital Charging Service is also being used as a way to help identify when power is being sourced from renewable sources. If a user is charging their vehicle via their own solar panel system, the service will keep an eye on the weather forecast in order to create a charging plan that suits.
Rate-Monitoring EV Chargers
The BMW Digital Charging Service Only Charges When Rates are Low
Trend Themes
1. Rate-monitoring EV Chargers - Opportunity for disruptive innovation: Develop smart EV chargers that monitor electricity rates and charge only when rates are low, saving money for customers and reducing strain on the grid.
2. Intelligent Energy Management - Opportunity for disruptive innovation: Create advanced energy management systems that optimize charging plans based on electricity rates and renewable energy availability, enhancing efficiency and sustainability.
3. Renewable Energy Integration - Opportunity for disruptive innovation: Integrate EV charging services with renewable energy systems, allowing users to charge their vehicles with clean energy and reduce dependence on traditional power sources.
Industry Implications
1. Electric Vehicle Manufacturing - Opportunity for disruptive innovation: Collaborate with EV manufacturers to develop rate-monitoring chargers as a standard feature, enhancing the value and appeal of electric vehicles.
2. Energy Management Technology - Opportunity for disruptive innovation: Create advanced software solutions for energy management that incorporate real-time rate monitoring and optimal charging plans for electric vehicles.
3. Renewable Energy Systems - Opportunity for disruptive innovation: Explore partnerships between EV charging service providers and solar/wind energy companies to promote sustainable transportation powered by renewable sources.