The Intercharge Network Conference 2024 tackles one of the biggest challenges in the way of mass market adoption of electric vehicles - reliability

‍Berlin, 30 August, 2024: The Intercharge Network Conference (icnc), the premier B2B event for the electric vehicle (EV) charging industry, gets underway at Tempelhof Airport, Berlin from 2-3 September, 2024. The theme this year is ‘Charging Towards Reliability’. With charger angst now replacing range anxiety as the primary concern of current and potential EV drivers, reliable EV charging is seen as essential for industry growth and the successful transition to electric mobility.

It is anticipated that icnc24, the 13^th iteration of the event, will be the biggest and most international yet. With 5 platforms for presentations and roughly 70 speakers, the event will host thousands of industry professionals from all sectors of the EV charging industry, including equipment manufacturers, infrastructure providers, software solution providers, regulatory bodies, and community partners.  

The importance of reliability to the progress of the EV charging industry will be the featured topic in a range of panel discussions, keynote speeches, and masterclasses given by a range of international industry experts.

A new feature for icnc24, the Tech Village by Pionix and Hubject, has been devised as a hands-on hub of innovation and collaboration. It features expert speaker slots, live demos of some of the latest software and technology, and interactive discussions hosted by industry experts.  

The Innovation zone will this year feature more than 50 global companies showcasing the latest products and technology that will drive the industry forward.

In addition, the four finalists of the 5th Hubject eMobility Start-Up Award will pitch their ideas to a panel of senior industry professionals and a live audience.  This important award is dedicated to presenting innovative concepts and inspiring new business models to the EV charging industry.  

Christian Hahn, CEO of Hubject, the organizer of this annual event said: “The original intercharge network conference was a mix a hackathon meets new tech start-ups. The event this year will look very different in terms of its size, the amount of sponsorship, the number of people who will attend, the showcases and exhibitions, and the fantastic range of international industry experts who will present their ideas on this year’s theme—reliability.”  

He continued: “icnc has grown into what it is today because it was organized by the EV community and for the EV community, supported and driven by Hubject. The original idea was to create a forum for discussions and conceptual development for a cleaner, more interoperable, mobility sector.  Looking at the line-up for icnc24, I can confidently say that we have collectively made this into the most important annual event for the EV industry.”  

Background information:  icnc24 theme--Charging Towards Reliability

The global market share of electric vehicles has taken a tremendous leap forward in the past decade and all indications are that it will continue to accelerate over the coming years, to the point where EVs are on track to becoming mass-market options in some regions. In 2023, nearly one-in-five cars sold in 2023 was electric, with Europe, the USA and China leading the way.  

In Europe, the projected revenue in the EV market is estimated to reach US$182.9bn, with a CAGR of 12.11% between 2024 and 2028, resulting in a projected market volume of US$288.9bn by 2028.  

The figures are similarly promising in the USA over the same period, with sales revenue projected to reach US$82.8bn in 2024, with a CAGR (2024-2028) of 18.20% resulting in a projected market volume of US$161.6bn by 2028.

In China, which remains by far the biggest driver of the EV market, the projected revenue is expected to reach a staggering US$319.0bn in 2024

This is great news for companies operating in the EV ecosystem, great news for drivers who are looking for a viable alternative to the internal combustion engine, and great news for emissions reductions and the environment.  

But while growth is good, it is not the only indicator of robust health in the EV industry. Reliability is a pressing issue.

Reliability refers to the ability of a system to consistently perform its intended function without failure or interruption over a given period. In the context of EV charging, reliability is a critical part of overall charging performance. It plays a huge role in the customer experience.  

Unfortunately, reliability is not yet where it needs to be and it is hampering the growth of the EV market. A recent survey by researchers from Harvard Business School revealed “a significant obstacle to increasing EV sales and decreasing carbon emissions in the United States is the deep frustration felt by EV drivers with the state of charging infrastructure, including unreliability, erratic pricing, and lack of charging locations.”

This is indicative of what is happening in other markets. Charger anxiety has now surpassed range anxiety as the chief concern about EVs among the car-buying public.

Reliability has to be central to the strategic plans of companies operating in all parts of the EV charging ecosystem. If all manufacturers, infrastructure providers, software developers, regulators and other partners focus on reliability the industry will collectively help to overcome one of the biggest challenges to the widespread adoption of EVs.  

This is precisely why the theme of icnc24 is “Charging Towards Reliability.” Over the course of the two days of icnc24 thought leaders from different parts of the industry will share their ideas how the challenge of reliability can be tackled.

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About Hubject 
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Hubject simplifies the charging of electric vehicles. Its eRoaming platform connects original equipment manufacturers (OEMs), charge point operators (CPOs), and eMobility service providers (EMPs) to provide standardized access to a charging infrastructure regardless of any network. Hubject has established the world's largest eMobility charging network for electric vehicles by connecting over 725,000 charging points and more than 2,250 B2B partners across 63 countries and four continents. In addition, Hubject is a trusted consulting partner for the eMobility sector, advising automotive manufacturers, charging providers, and other EV-related businesses looking to launch eMobility services or implement Plug&Charge using ISO15118-2 and ISO15118-20. Hubject delivers end-to-end eMobility solutions to power a positive, greener environmental future. Hubject was founded in 2012 to design, develop and implement a borderless eRoaming solution through a joint venture of the BMW Group, Bosch, EnBW, Enel X Way, E.ON, Mercedes-Benz, Siemens, and the Volkswagen Group. Hubject's global headquarters is in Berlin, with North American and Asia Pacific subsidiaries based in Los Angeles, Shanghai and Singapore. For more information, please visit https://www.hubject.com/ 

Press Contact:

Stuart Barnes

stuart.barnes@hubject.com

+49 152 0300 4510

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