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CarPay-DiemCarPay-Diem’s LinkedIn post about its selection received over 25,000 views. “This is an absolute record,” founder and CEO Frédéric Stiernon confirms with satisfaction. “Even before having received the details concerning our stay in Dresden, the visibility following our selection has been enormous. We have already been contacted by other entities of the group to think about working together in the future.”

Several dozen start-ups were on the starting line, and among the seven “finalists”, CarPay-Diem finally seduced the jury. The programme will start this autumn. “We are currently analysing the best way of integrating our technology into the VW group,” announces Mr Stiernon. “Although we might not necessarily be present full time during the six months, we look forward to building close relationships with the group’s top leaders.”

Over 100,000 compatible petrol stations

This boost is an additional step forward for the company that was set up in 2016. The idea was simple: to create a platform that would allow any mobile application or connected car to activate any fuel pump and manage the payment from inside the vehicle.

As soon as drivers arrive at a petrol station, their smartphone (or the screen of their car) automatically starts up and confirms the number of the nearest pump. Once the car has been filled, the payment is automatically generated and the receipt of the transaction is displayed on the screen.

Today, the CarPay-Diem platform is compatible with over 100,000 petrol stations and connects with different payment methods.

On-going fundraising

The company raised an initial €500,000 at launch, and secured a second injection of €1.2 million at the beginning of this year. The new investors include the Mobivia group, the European leader in the multi-brand maintenance of vehicles. A third fundraising cycle is underway that will allow the company to comfortably manage its international expansion.

“The interest from investors is high. Things are going faster than we had originally planned, and we have to be able to manage everything properly,” says Frédéric Stiernon who indicates that other important announcements might come by the end of the summer.

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Luxinnovation contributes to the economic development of Luxembourg by fostering innovation, fuelling international growth and attracting foreign direct investment and is supported by: Ministry of the Economy, Ministry for Higher Education and Research, Luxembourg Chamber of Commerce, Luxembourg Chamber of Skilled Crafts and FEDIL – The Voice of Luxembourg’s Industry.

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ITS World Congress report

30-10-2018

From 17 to 21 September, the 2018 edition of the ITS (Intelligent Transport Systems) World Congress was held in Copenhagen. The final report has just been published, showing how transport and mobility solutions can improve the quality of life in our cities by placing users and their needs at the heart of the mobility framework.
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Open Public Consultation on Connected and Automated Mobility (CAM)

26-10-2018

The European Commission launches a public consultation on how Europe should build trust in connected and automated mobility services, but as well on the bottlenecks that impede for the moment the deployment of these services bringing many benefits for the citizens.
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EU Battery Alliance: Major progress in establishing battery manufacturing in Europe in only one year

23-10-2018

One year on from the launch of the European Battery Alliance (EBA), the Commission Action Plan is in place, the first pilot production facilities are being built and further projects are announced to establish the EU as the lead player in the strategic area of battery innovation and manufacturing.
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The Automobility Cluster meets students in Brussels

05-10-2018

In Brussels, the 34th edition of the European Meeting of Luxembourg Students (REEL) was held at the end of September, a meeting point for Luxembourg students studying in various EU countries. On this occasion, the Luxembourg Automobility Cluster presented its activities and promoted the sector in the Grand Duchy.
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New funding opportunities under Horizon 2020 for Next-Generation Batteries

03-09-2018

The European Commission published a separate cross-thematic work programme with new Horizon 2020 funding opportunities under the title “Building a Low-Carbon, Climate Resilient Future: Next-Generation Batteries”.
The work programme addresses the challenge of transitioning towards a de-carbonised society, building on the COP21, the EU 2020 targets, and the 2050 Energy Roadmap. The focus is on electric batteries for vehicles, with a budget of €114 Million for 2019 and €70 Million for 2020.
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