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Product
Company: Geospin GmbH
Geospin has developed a self-learning algorithm that reliably calculates the expected utilization of a charging point for each location throughout Germany.
Geospin has developed a self-learning algorithm that reliably calculates the expected utilization of a charging point for each location throughout Germany. This allows municipalities to easily and objectively select the best location and maximize the utilization of their charging infrastructure for electric vehicles.
Geospin offers the potential analysis in cooperation with smartlab Innovationsgesellschaft mbH and Thüga AG. Numerous municipal utilities have already benefited from the charging potential analysis, and it also won the Bronze Medal of the Digital Leader Awards in the "Society" category(https://www.thuega.de/presse/thuega-gewinnt-bronzemedaille-des-digital-leader-awards/).
Geospin's forecasting model objectively evaluates which locations are expected to have particularly high utilization of charging stations. The calculation is based on a huge data pool of historical usage data from around 180,000 charging processes and more than 700 pieces of external environmental information.
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