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Energi Mine developing cryptocurrency payments for EV charge points

By / 3 weeks ago / Tech / No Comments

Electric truck company Electra Commercial Vehicles has appointed a Manchester-based firm, Energi Mine, to develop payment system for its fleet of electric trucks.

charge point symbol

Energi Tokens could become a new payment system for EV charge points

Energi Mine says it hopes to decentralise the energy market and incentivise energy conservation with digital currency, having launched a blockchain-based platform. A new Energi Token (ETK) provides users with rewards for energy saving behaviour.

Energi Mine CEO, Omar Rahim, said: “There is a global push towards energy conservation while cryptocurrencies are becoming increasingly mainstream.

“Our initial aim is for Energi Tokens to be adopted as a common currency for all EV charging points in the UK. Our intention is then to work with our network of partners to roll this out internationally.

“As an example, a vehicle manufacturer may buy Energi Tokens to give away with a brand new EV charging point. This is effectively giving the customer some credit towards running their purchase. The idea being that those who are most dramatically reducing their energy footprint should benefit the most.”

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Jonathan Musk

Jonathan turned to motoring journalism in 2013 having founded, edited and produced Autovolt - one of the UK's leading electric car publications. He has also written and produced books on both Ferrari and Hispano-Suiza, while working as an international graphic designer for the past 15 years. As the automotive industry moves towards electrification, Jonathan brings a near-unrivalled knowledge of EVs and hybrids to Fleet World Group.