After years and years of traditional mechanisms, Tesla finally set off a spark in 2006 that further led to a change of events for the automotive industry. Since then, the Electronic Vehicle market has expanded, and there’s no stopping it.
Now that businesses and customers have understood the need to adopt a sustainable lifestyle, they are looking forward to using EVs to protect the environment.
Moreover, if you’re an EV user, you would also need an EV app that enables you to keep track of your conveyance if it is running out of battery and forwards other updates.
Fortunately, Virta has made it much easier as it helps businesses run their EV charging services on its platform.
Do you want to learn more? Get started and read this article!
Virta Aims to Expand Its Operations With the Received Funding
Notably, Virta claims over a thousand businesses in more than 35 countries to run their EV charging services on its platform. The platform has now acquired funding of €85 million from its previous investors and is planning to grow fivefold in Europe and Asia.
The platform received €60 million from investors, including E.On, Helen Ventures, Finnish Industry Investment, Vertex Growth Fund, Vantaa Energy, Lahti Energy, Kotka Energy, and Jolt Capital. However, the remaining €20 million were invested by Business Finland, which provides innovation funding for research organizations and companies.
How Does An EV Station Finder App Function?
It is one of the most asked questions by EV users how does an EV station finder app work? If you need details, connect with the best mobile app development company in Netherlands. First, however, continue reading this article for the basics!
- User Login
Once a user downloads the EV station finder app, they can register by entering the details and verifying their identity via the phone number or email address. On the other hand, existing users simply need to log in, and they are all set to use the app.
- User Location
The app users can enable the application to access their location or enter the same manually to find the nearest EV charging station.
- Station Details
It will be convenient for the app users to check the details, like the number of charging slots available, user reviews, station images, etc.
- Slot Booking
E-vehicle users can make the slot booking in advance to eliminate the hassle of a crowded EV charging station.
- Payment Options
An EV charging station finder app is incorporated with multiple payment gateways, including debit/credit cards, Paypal, wallets, etc., to make it a seamless process for the customers.
Most Common Business Models of EV Charging Station Apps
While these apps provide numerous methods to make money, mentioned below are the two most common business models that organizations adopt. Take a look!
- Premium App Model
The premium model must be opted for when you want to charge your app users in the face of a subscription. It is one of the best methods if you’re not planning to spam your app users with advertisements. Not only this, but your app will have a clean user interface that’ll help intrigue more customers.
You may also choose to leverage a one-time app purchase model that’ll allow customers to pay once and enjoy the app.
- Freemium App Model
Do you want to bring a solid customer base to your platform? Then this model will work wonders as it allows free app downloads. Then how will you monetize?
You may generate revenue via this model by putting up ads or offering a free trial pack for the first thirty days.
The Cost of Developing an EV Charging Station Finder App
There’s no universal figure that could define the cost of developing an EV charging station finder app. However, the expense can be estimated based on a number of factors. Thus, these factors are mentioned below:
– Choice of the platform
– Complexity of the project
– UI/UX design
– Number of features integrated
– Tech stack used
– Developer’s Cost
In a Nutshell!
In conclusion, Virta’s successful fundraising efforts, which have resulted in the infusion of millions of dollars, demonstrate the growing recognition and support for the development of electric vehicle (EV) charging infrastructure. As the world transitions towards sustainable transportation, the need for convenient and accessible EV charging solutions becomes increasingly vital. This is where Virta’s EV charging station finder app plays a crucial role.
What is your idea of EV charging station finder app development? Get in touch with a reliable team of app developers today to work on the idea!