The EV industry continues to grow substantially, and automakers are under pressure to provide solutions for the many pain points EV drivers are currently experiencing when trying to utilize global public charging infrastructure.
In response to this, Parkopedia wants to transform the combined parking and charging experience for EV owners with the launch of “Park and Charge,” leveraging existing expertise, technologies, and data-management skills within the company, to deliver the most comprehensive and accurate charging service available. EV owners would be able to accurately find, authorize, pay and manage charging sessions with ease, all in one place from within their vehicles.
With an existing database of 70 million parking spaces globally, Parkopedia’s high quality data will provide a unique and comprehensive service of parking and charging. The new Park and Charge service offers automakers a solution for their drivers that addresses the current driver pain points surrounding public charging, such as:
- Finding EV charger locations using market-leading, accurate POI data, including chargers located within inside indoor facilities without GPS.*
- Enabling in-vehicle EV charger activation, regardless of service provider.
- Enabling in-vehicle EV charging payments, regardless of provider, as well as comprehensive reporting and billing systems.
As the largest and most accurate parking services provider in the world, Parkopedia is leveraging its expertise and data management skills to deliver the most comprehensive and accurate EV charging service available. Supported by the company’s existing technologies, such as its market-leading static and dynamic parking data products, indoor mapping services and Payment Platform. Park and Charge caters for the growing number of electric vehicles and the charging demands this will bring, into one easy to use interface. Park and Charge is able to bring together the current highly fragmented parking and charging value chain that brings friction to drivers, by utilizing its interconnected products:
- Static data provides comprehensive parking and EV charger POI information including location, pricing and restrictions
- Dynamic data provides current and predictive parking and charger availability, delivered in real-time
- Payments via a secure PCI compliant platform that enables Single Sign-On payments for parking and EV charging
- High-definition 3D maps of indoor parking facilities enable cars to navigate to indoor EV chargers where GPS is not available
By utilizing existing assets, as well as aggregating industry players, such as Charge Point Operators (CPOs) and E-Mobility Service Providers (EMSPs), Parkopedia’s integrated in-car solution bridges the disconnect between parking and charging industries and services – overcoming the barriers to enable frictionless parking and charging in-car experiences for drivers.
Parkopedia first launched in-car parking payments in 2014 in partnership with Volvo, and, earlier this year, announced a payment platform to include a wider range of vehicle-centric, such as ‘pay-at-the-pump’ fueling, tolling fees and now, EV charging payments.
By aggregating the multitude of merchants involved in EV charging, Parkopedia saves automakers a costly and time-consuming exercise, while its Single Sign-On platform capability eliminates the existing barriers to entry, such as the need to swipe a card to unlock a charging station, delivering a heightened level of connected service to drivers and simplifying management for automakers.
Parkopedia’s transaction platform, currently in use by various leading automakers, can now be leveraged to include EV charging, bringing together the fragmented landscape and solving the current complex pricing structure via Parkopedia’s fully integrated, single sign-on, PCI compliant platform.
Parkopedia’s Park and Charge solution unifies the complicated existing value chain, bringing together charge point operators (CPOs) and E-mobility service providers (EMSPs), to deliver a frictionless EV experience for drivers. Parkopedia allows automakers to access CPO EV point of interest (POI) data, charging detail records (CDR), and support driver transactions with EMSPs. With new entrants regularly joining the already complicated value chain, Parkopedia will continue to onboard new operators and merchants into its aggregated solution, providing a time-saving and future-proof solution for automakers.
