The perfect solution to earn revenue with EV charging 2024

Discover new revenue streams with EV charging solutions.

The world of EV charging is rapidly evolving, and more and more forward-thinking businesses are seizing this opportunity. A growing number of businesses are installing charging stations, which offer substantial benefits to their locations. Our EV Pay solution is therefore the perfect solution for businesses that want to offer their customers a seamless payment experience. With EV Pay, your customers can pay using a debit card, credit card, a charging card or charge tag and even with a fleet card.

*By the way, did you know it has become mandatory in the EU for charge point operators to offer your EV charging clients the possibility to pay with debit- and credit card? read more about this so-called AFIR regulation here.

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The demand for EV charging is rising across Europe

As evidenced by search trends: interest in the search term “car charging” has surged over the past five years, along with the number of electric vehicles.

The perfect solution to earn revenue with EV charging 2024

The image shows a graph with search volumes for various keywords over the past few years.

Become a charge point operator to earn revenue with EV charging

Not all countries already have an EV charging network as dense as The Netherlands though, and if we assume that EV charging in your region will follow the same rapid growth trajectory as in The Netherlands, it means there are opportunities for businesses to capitalize on. The locations are out there, the demand is growing fast, and right now it’s a matter of who comes first and grabs his share of the market. This is also hugely relevant for businesses from other segments, such as hotel chains, shopping centers, business parks, restaurant chains, or parking garages, a phenomenon known as “destination charging”.

All electric vehicles need the ability to charge, and companies can become charging stations themselves, generating additional revenue for their locations. Moreover, this provides numerous benefits to your location and an added service for your customers.

Extending the time spent at a location can significantly boost revenue. This not only increases the sales of your products and services but also enhances earnings from vehicle charging. Additionally, offering extra services at your location further improves customer satisfaction.

The perfect solution to earn revenue with EV charging
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Turn your customers into ambassadors
Every business strives for satisfied customers. But what if you could do more than just satisfy your customers? What if your customers were so enthusiastic about your company that they actively recommend you to others?

 

 

Loyalty integration
With the EV charging solution at your location, you can also implement loyalty programs. Examples of loyalty features linked to charging solutions include:

  • Discounts on charging with store visits:
    For instance, when a customer spends a certain amount, they receive a discount or even a full reimbursement for their charging session.

  • Points and rewards program:
    For every kWh that customers charge, they earn points that can be redeemed for discounts, free charging sessions, or other rewards, such as products or services from your business.

  • Subscription models with benefits:

    Offer subscription plans where customers can charge for a fixed monthly fee, with added perks such as access to faster charging stations, exclusive charging zones, or discounts on other company products and services.

    The major advantage of our solutions is that they can be integrated with an app or our payment terminal. This allows your visitors to pay in any way they prefer, whether with a debit card, through their phone, or with a charging card.

The benefits of EV charging solutions for parking garages and hotels:

Offering EV charging (electric vehicle charging) at parking garages and hotels provides various benefits for both providers and users. Here is an overview of the key advantages:

For parking garages:

  • New revenue stream:
    Providing charging facilities can create an additional source of income by charging for the use of the charging stations.

  • Increased attractiveness:
    By offering charging stations, parking garages can become more appealing to EV drivers, potentially leading to more customers and higher occupancy rates.

  • Longer parking duration:
    EV drivers are often inclined to park for longer periods as charging their vehicle takes time. This can result in higher parking fees for extended stays.

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Hotel EV Charge pay

For hotels:

  • Attract and retain guests:
    Offering charging facilities can be a crucial factor for EV drivers when choosing a hotel, making the hotel more attractive to this segment of travelers. Furthermore, by offering EV Charging, hotels report an increase in the number of customers that come in just for lunch or coffee while they charge, or that prefer the hotel restaurant as a location for meetings due to the charging facilities.

  • Increased customer satisfaction:
    Guests who can charge their EV during their stay are often more satisfied, which can lead to positive reviews and repeat visits.

  • Removing barriers to charge for (international) visitors:
    Hotels that already have chargers at their locations, report that many customers come to the front desk with the complaint that their tag or charge card doesn’t work at the hotel’s charger. By adding a physical kiosk with an EV Pay powered payment terminal, all guests need to initiate a charging session is a debit- or credit card.

  • Bundled services on one bill
    EV Pay can even be configured to work with hotel key cards or hotel apps. This means a guest can initiate charging by tapping his or her keycard (using mifare protocol), or by pressing ‘start’ in your hotel app. This allows the hotel to present its customer with a single bill: charge sessions can be on that bill right next to spendings of roomservice and restaurant. Businesses and employees love the idea, because it makes the declaration process even easier for all parties involved.

  • Competitive advantage:
    Hotels with charging stations stand out from those without such facilities, providing a competitive edge.

  • Future proof:
    As the number of electric vehicle drivers increases, the demand for EV charging will grow. By investing in charging solutions or expanding your current charging infrastructure with our seamless payment solution, such as our EV pay, you are preparing your location for the future.

Conclusion

The rapid growth of electric vehicle (EV) adoption presents a unique opportunity for businesses in the retail and hospitality sectors to enhance customer satisfaction and generate additional revenue streams. By implementing EV charging solutions like EV Pay, businesses can not only meet the rising demand for convenient and accessible charging options but also capitalize on new customer segments. Whether it’s attracting more visitors to parking garages, increasing hotel occupancy rates, or boosting sales through extended stays, the benefits are substantial. Moreover, offering seamless payment options and loyalty integrations can turn customers into brand ambassadors, further strengthening your competitive advantage. As the EV market continues to expand, businesses that invest in EV charging infrastructure today will be well-positioned to thrive in the future, aligning themselves with sustainability goals and securing long-term growth.



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