EV drivers are highly responsive to public charging price signals. A 40% price reduction led to a 117% increase in charging demand!
Great findings from a Centre for Net Zero (Octopus Energy Group) field experiment with Octopus Electroverse:
https://www.linkedin.com/pulse/ev-drivers-highly-responsive-public-charging-price-signals-burger-x7cle
#EV #SmartCharging

EV drivers are highly responsive to public charging price signals. A 40% price reduction led to a 117% increase in charging demand.
It's great to see the results of a field trial of dynamic pricing for public charging! Centre for Net Zero (Octopus Energy Group) worked with charging app provider (or MSP in e-mobility jargon) Octopus Electroverse and tested the response of 110,000 EV drivers to different types of signals. Summary