C+Charge, a new cryptocurrency that allows electric vehicle drivers to pay for charging and earn carbon credits, has ambitious plans to shake up the EV charging industry.

Electric vehicle (EV) drivers now have the ability to pay for charging services while also earning carbon credits thanks to a new cryptocurrency called C+Charge ($CCHG), which is creating waves in the EV charging market. The deflationary $CCHG coin is likely to skyrocket as a result of the successful fundraising of over $2.8 million and the commitment to increase functionality.

The $CCHG token is a blockchain-based digital asset that was developed to streamline financial interactions between electric vehicle (EV) drivers and charging stations. It can also be used to pay for other costs associated with electric vehicles, such as parking and toll taxes, and it can be used to pay for charging services. Via the Carbon Asset Protocol, the driver receives a predetermined quantity of carbon credits for each and every transaction that is completed using $CCHG (CAP).

Yet, the $14.5 billion electric vehicle charging business is now dominated by a small number of significant companies. Because the market is expected to reach $128 billion by the year 2030, there is a compelling argument for decentralizing the current model of centralized service providers.

Disrupting the EV Charging Industry: $CCHG’s Plans to Challenge Centralized Providers and Encourage EV Adoption

The creation of a global network of electric vehicle (EV) charging stations that take $CCHG as a form of payment is one of the goals of the $CCHG project. This will pose a challenge to the control that the industry maintains at the present time and promote the use of EVs. $CCHG is currently being utilized by a variety of charging stations in Europe, and the organization that is behind it intends to extend its application to additional regions in the near future. We may minimize the carbon footprint of our transportation system and perhaps disrupt the centralized provider model of the electric vehicle charging sector if we offer financial incentives to drivers to employ carbon capture and storage (CCHG).