50,000 electric vehicle charging stations in Europe to offer crypto payments

50,000 electric vehicle charging stations in Europe to offer crypto payments

Over the next three years, 50,000 EV charging stations across Europe will start accepting crypto payments. Two payments firms have partnered to roll out crypto payments across 50,000 electric vehicle (EV) charging stations in Europe. The partnership is between Irish e-commerce and mobile payment solutions firm HIPS Payment Group Ltd and Vourity, a Swedish firm that specializes in unattended payment facilities such as EV charging stations. The integration of crypto payments with charging stations will occur over the next three years starting from November 2021. The firms haven’t revealed....


Related News

Blockchain to Reshape the Electric Grid?

Clean technology company Oxygen Initiative is getting the U.S. ready to start introducing blockchain-backed electronic wallets for drivers that could help shape the utility grid. The electronic wallet, Share&Charge, enables people to share their charging stations with drivers through the blockchain. With the blockchain, electric vehicle (EV) drivers would be able to undertake easy-to-use payment options such as highway tolls, peer-to-peer roaming and sharing of charging stations. Additionally, the technology could ensure that fees are collected from people for car-sharing, according to....

GM and Honda publish specs for decentralized electric car charging network

A Honda and GM-led working group has unveiled a global standard for using distributed ledger technology to create decentralized electric vehicle charging networks. The Mobility Open Blockchain Initiative (MOBI) has launched a global standard for integrating blockchain technology into a decentralized vehicle charging network.The storage of excess energy generated by wind or solar is a big problem for the renewable energy industry as batteries are very expensive. But electric vehicles already have significant storage capacity so there's been a lot of work around plugging them into....

Daymak to Launch Crypto Mining Vehicle by 2023

Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed to get more than 350 million dollars in pre-orders. Daymak to Launch Crypto Mining Electric Car Daymak, a Toronto-based electric car company, has announced the launch of its new product, the Daymak Spiritus, a car that will feature cryptocurrency mining.....

Lamborghini Dealership Sells Cars for Bitcoins

Not only can you buy an electric vehicle with bitcoin, but you can also charge one with the distributed virtual currency. Newport Beach Lamborghini has taken bitcoin as payment for a Tesla Model S sedan. It also plans to continue accepting it for payment for its stock of performance vehicles. And electric vehicle (EV) owners can now recharge their car's battery using a Miami station that will only take BTC. "We have a Tesla Model S and charging station purchased from bitcoin investments and only accept bitcoin," said Michael Sholl, a network security engineer by trade and the owner of the....

Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption

Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban. Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda. The hydroelectric-rich southern province has recently announced a plan to build at least 4,500 electric vehicle (EV) charging stations in 2021. This will ramp up to 5,000 in 2022 and 5,500 the following year.As the South....