This New Crypto Startup is Poised to Transform the EV Industry – Here's Why You Should Pay Attention The electric vehicle (EV) charging sector is set to experience an unprecedented level of growth in the coming years, thanks to a confluence of factors that are driving the adoption of EVs and the development of charging infrastructure.According to a PwC analysis, the number of EVs in the United States is projected to reach 27 million by 2030 and 92 million by 2040. This growth in EVs will le...

The electric vehicle (EV) charging sector is set to experience an unprecedented level of growth in the coming years, thanks to a confluence of factors that are driving the adoption of EVs and the development of charging infrastructure.

According to a PwC analysis, the number of EVs in the United States is projected to reach 27 million by 2030 and 92 million by 2040.

This growth in EVs will lead to a corresponding increase in the demand for charging stations, requiring a tenfold increase in the number of charge points to support the demand.

As a result, the EV infrastructure market is expected to reach $100 billion by 2040, with charge point operators (CPOs) generating most of the revenue among Electric Vehicle Supply Equipment (EVSE) players through integrated turn-key solutions.

The growth of the EV charging sector is also bringing about a shift in segments, with the at-work and on-the-go charging segments projected to experience the fastest growth through 2030.

Furthermore, multi-unit residential buildings are expected to be another fast-growing segment, with growth predicted to rise from nearly nil currently to about 15% of all the market in 2025 and 17% in 2030.

The maturation of the EVSE market is being further fuelled by the proliferation of EVSE start-ups and the growing investment in the industry.

Major energy companies have acquired more than 20 EV charging start-ups in the EU and US since 2021, and at least five EV companies have gone public via special purpose acquisition companies (SPACs) since 2020.

This investment is expected to continue as more businesses enter the market, creating even more opportunities for growth and innovation.

Introducing: C+Charge (CCHG)

Given the tremendous potential for growth in the EV charging sector, businesses that enter the market now with cutting-edge technologies and thoughtful strategy could reap significant benefits in the coming years.

This could include partnering with CPOs to develop integrated charging solutions or investing in the development of new EVSE technologies.

Among the most promising projects in the space is C+Charge, with a blockchain-based platform that seeks to democratize CPO profits and extend the benefit of carbon credits to users.

Highly scalable BNB-based blockchain technology enables C+Charge to track and reward EV charging.

This makes charging sessions more transparent and cheaper as the user receives a fractional share of the carbon credits generated by the charge.

And the project is gaining massive traction with green tech advocates. So far, the presale funding round has raised a jaw-dropping $2.9m as it enters the 7th presale phase.

The news comes as C+Charge announces an exciting new partnership with The Recharge DeFi project as part of a commitment to build partnerships with CPOs and EVSE providers.

What does C+Charge (CCHG) do?

C+Charge native utility token $CCHG powers the project, acting as a means of settlement throughout the ecosystem.

Amongst the first projects built on Binance Smart Chain for the tokenization of carbon credit assets.

This is an innovative token design built for compliance and compatibility with OCPP 2.0 – a universal EV charging station standard.

By meeting OCPP 2.0 standards, C+Charge is on track to be fully integrated with over 1.8m charging stations worldwide. This could see C+Charge tap into serious CPO profits.

Once users have been allocated a wallet, they’re able to pay for EV charging using the $CCHG tokens.

But that’s not all because C+Charge connects EV vehicle owners with something new: Carbon Credits.

The dApp tracks charging usage and enables users to accumulate carbon credits through a reflection program. This will see 1% of transactional volume reserved to purchase carbon credits to be re-distributed and airdropped to token holders' wallets.

With almost $3m raised and a commitment to expanding functionality, the deflationary $CCHG token is set to soar.

C+Charge has already published its ambitious project roadmap, and there are exciting plans coming following the completion of the presale.

First and foremost, the first CEX launch will go live in just a fortnight on March 31st.

But additionally, there are upcoming plans to announce charging hardware partnerships ahead of the rollout of the first C+Charge electric chargers.

Presale Stage 7 Kicks Off

With the C+Charge presale now entering Phase 7, don't miss your chance to get in on the future of EV technology early.

With current $CCHG token prices a steal at $0.02, interested investors are encouraged to get on board early to reap the rewards of the EV revolution!

Join the future of EV charging with C+Charge, Pay for EV charging, earn carbon credits, and track your portfolio with the C+Charge app.

Don’t miss out on this opportunity – buy CCHG now before the price increases.

Visit C+Charge Now

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.