Community-Powered EV Charging with charge
XMAQUINA’s latest partnership with charge is here to change the way we think about electric vehicle charging.
October 2, 2024
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Partnership
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XMAQUINA’s latest partnership with charge is here to change the way we think about electric vehicle charging.
Charge specializes in creating flexible and scalable EV charging solutions that adapt to community needs. They focus on simplifying infrastructure setup and making charging accessible in areas often overlooked by larger networks. Their approach has always been about breaking down barriers, ensuring that EV charging is open to both drivers and smaller infrastructure owners.
Now, with XMAQUINA’s tokenization technology, we’re bringing more innovation to the space, making EV charging an investment opportunity for everyone - a community-driven asset.
Turning EV Chargers into Digital Assets
Electric vehicles are already on our roads, but there aren’t enough charging stations to keep up. The high cost of deploying charging networks means they’re mostly owned by a few large companies. XMAQUINA’s tokenization model with charge is changing that. Here’s how:
- With traditional charging infrastructure, only large businesses or well-funded entities can afford to invest. By tokenizing charging stations, we’re allowing people to own small shares, making it easy for anyone to become an investor.
- Tokenization also provides the funding needed to expand into new areas. With more owners, there are more resources available to grow the network, meaning more charging points where they are most needed.
It’s Time for Change.
The XMAQUINA protocol is at the heart of charge’s transformation, converting physical infrastructure into liquid, digital assets. What does this look like in practice?
- Each fleet of stations becomes a set of tokens, representing fractionalized shares of ownership. This means people can buy into the stations at a fraction of the usual cost.
- When EVs use the charging stations, the revenue generated is distributed to all the token holders. This means the community earns directly from the infrastructure they have invested in.
- Every aspect of the operation, from usage statistics to maintenance schedules, is available to all investors. Using blockchain, we ensure that everyone knows exactly how the chargers are performing and how the revenue is flowing.
Making EV Infrastructure Community-Owned
We’re not just focused on building more charging stations. The real change is in how these stations are owned and managed.
With decentralized ownership, everyone can contribute to the development of EV infrastructure. Tokenization means that charge can grow without depending on big corporations or traditional banks.
Community investment helps expand the network faster and in a more flexible way, covering not just major cities but also areas that are typically overlooked.
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“charge and XMAQUINA are working together to create a network that anyone can be part of—turning EV charging from a cost-heavy, centralized service into a community asset. This is the beginning of a new chapter in electric mobility, where the infrastructure serves not just drivers, but everyone who believes in and supports the growth of cleaner, more open energy solutions.” - Mauricio Zolliker, CEO and Co-Founder of XMAQUINA
“This partnership is about more than just expanding EV infrastructure—it’s about changing the way people interact with it. By working on enabling our community to turn charging stations into community-owned assets, we will be able to give them the chance to be part of something bigger, helping to drive the growth of cleaner energy.” - Dominic Klopsch, CEO and Co-Founder of charge
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