ChargePanel AB publ (“ChargePanel” or “the Company”), a leading provider of electric vehicle (EV) charging software and services, announces platform integration with leading payment systems. The integrations facilitate customer compliance with the requirements of the Alternative Fuels Infrastructure Regulations (AFIR) that comes into force on April 13th 2024, for operators of publicly accessible charging stations across EU member states.
Charging stations connected to the ChargePanel Platform are now able to communicate with payment systems and card terminals from providers; Nayax Ltd, a global commerce enablement payments and loyalty platform and specializing in cashless payments solutions and unattended payment terminals; and; Vourity AB, an enabler of payments for charging with standard payment cards (Visa and Mastercard), Apple Pay, Google Pay, Swish, Vipps and more. The company is also in the process of integrating with KG Knutsson AB:s (KGK) subsidiary, Modulsystem Sweden AB, a Swedish company with unique expertise in the development of ticketing- and payment systems for public transport and parking. The communication between the ChargePanel Platform and the payment systems takes place via the Open Charge Point Interface (OCPI) protocol.
”It’s important that our platform supports our customers as the EV charging industry progresses. Today ChargePanel is integrated with a multitude of partners including charge station hardware vendors, leasing and fleet providers, energy management systems, payment platforms and more. Providing a platform that makes it easier for our customers in meeting up with regulations is important to us. Through widely accepted and secure protocols such as OCPI we continue to integrate with a range of specialist partners within the EV charging industry, enhancing the capabilities of the ChargePanel Platform and giving our customers both flexibility and choice as they scale their EV charging businesses”. – Peter Persson, CEO, ChargePanel AB (publ)
About the Alternative Fuels Infrastructure Regulation (AFIR)
The Alternative Fuels Infrastructure Regulation (AFIR) is part of the Fit for 55 package. Presented by the European Commission on 14 July 2021, the package aims to enable the EU to reduce its net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels and to achieve climate neutrality in 2050.
In the area of electric vehicle charging, AFIR sets mandatory deployment targets for electric recharging infrastructure and also lays the groundwork for an efficient and user-friendly refueling experience across all EU Member States by advocating standardization and transparency.
Starting on April 13, 2024, European operators of publicly available charging stations are required to adhere to updated regulations, providing for ad-hoc charging using a payment instrument widely accepted in the European Union. As per AFIR, this includes debit and credit cards, with flexibility for various technical solutions.
The requirement to set up card terminals is mandatory for newly established fast charging stations with a power output of 50 kW or higher. It is however not compulsory to install a dedicated card terminal- device for each charging station. Instead, a central payment terminal could be used to manage multiple charging points at a single location, offering cost savings in both initial setup and ongoing operations.
For publicly accessible recharging points with a power output below 50 kW (such as AC charging stations), devices that use an internet connection and allow for secure payment transactions such as generating a specific Quick Response code, can be applied.
For further information, please contact:
Peter Persson, CEO, ChargePanel AB (publ)
Email:
Phone: +46 (0)8 120 325 01
About ChargePanel AB (publ)
ChargePanel is a GreenTech company that offers innovative B2B solutions within e-Mobility.
ChargePanel offers a white-label SaaS-platform for the operation and management of electric vehicle charging networks. The platform enables electric vehicle driver access to a user-friendly app for charging and is independent of both electricity companies and manufacturers of charging infrastructure.
Since the start, The Company’s focus has been towards developing the technical platform as well as increasing the interest and connecting with selected strategic partners and customers. The company provides solutions in Sweden, Norway, Great Britain, Romania, Morocco, Kenya, Uganda, Malta, the USA, Australia, Malaysia, the Philippines and Barbados with the ambition to grow with its customers into new geographic markets and has adopted a growth strategy which includes multiple continents before the end of 2025. The Company’s strategy is both sustainability and customer-centric. Smarter electric vehicle charging through ChargePanel’s platform facilitates the transition from fossil-fuel vehicles to electric vehicles for both private individuals and companies. This is in line with the climate goals of most countries and regions, and the incentives for electric vehicles will increase sharply in the future.
The Company was founded in 2014 and has its headquarters in Stockholm, Sweden. ChargePanel AB (publ) is listed on Nasdaq First North Growth Market and The Company’s Certified Adviser is Eminova Fondkommission.