A blockchain platform that financially rewards energy saving behaviour using EnergiTokens (ETK) called Energi Mine has announced a partnership with Electra Commercial Vehicles, a UK company that aims to provide commercial vehicle operators with clean, zero-emission solutions for heavy goods trucks.
The partnership will deliver a rewards programme, based on the Ethereum ERC-20 standard, that financially incentivises the conversion of ‘dirty’ heavy goods vehicles to zero-emission Electric Vehicles (EVs) that operate within urban environments.
Electra Commercial Vehicles works with a range of organisations across the UK, from local authorities to global logistic companies, converting new or used heavy goods vehicles to zero emission, 100% EVs. It converts heavy truck chassis from leading suppliers such as Mercedes, DAF, Isuzu, Iveco and MAN, helping organisations to continue operating in low emission zones and in busy city centres and urban environments.
Sid Sadique, Chairman of Electra Commercial Vehicles, said: “A recent World Health Organisation (WHO) report showed that more than 40 towns and cities in the UK are at, or have exceeded air pollution limits. Areas include London, Manchester and Swansea. Cities across the UK are working on ambitious plans to become zero carbon. Just last week, London Mayor Sadiq Khan presented the capital’s 2050 Environment Plan to the London Assembly.
"The goal is to 'clean up filthy air' and includes zero-emission zones in town centres around the capital. By replacing dirty heavy goods vehicles with zero emission EVs, we will see significant improvement to air and noise quality in urban areas.
“Through this partnership with Energi Mine, we aim to increase the pace of change by financially rewarding that change. The companies we work with are already very excited about the rewards programme being part of the change programme. This is just phase one of a game-changing partnership.”
The partnership will see Energi Mine provide its blockchain reward platform to those working with Electra Commercial Vehicles to convert heavy goods vehicles to EVs.
The blockchain rewards platform issues EnergiToken’s (ETKs) that can be saved up by the organisation and distributed as a company benefit to reward company-wide energy saving behaviour.
The EnergiToken has inherent value and can be used for things such as settling personal energy bills, paying for access to EV charging stations or cashed out via an exchange into fiat currency.
The goal is to financially reward energy saving behaviour. The EnergiToken platform provides maximum flexibility for token holders in terms of how they hold, use or exchange their crypto assets. It provides the basis for a global economy to earn, trade and accept tokens.
Omar Rahim said: “By supplying electric heavy goods vehicles, Electra Commercial Vehicles enables cities to reduce many of the problems associated with heavy goods vehicles on the roads. No-emission trucks are much quieter and emit no carbon emissions, allowing them to work through the night and to repower existing vehicles that fall short on low-emission zone legislation. It does this by taking out the dirty bits of an engine and gear box, replacing them with a battery pack and electric motor.
Rahim continued: “If legislation isn’t enough, EnergiToken will provide an added financial incentive for wider energy saving behaviour. At Energi Mine, we strongly believe that rewards need to be financially motivated before behaviour change occurs. We are excited by our partnership with Electra Commercial Vehicles and look forward to seeing the impact of our combined goals on energy saving behaviour.”