eCo-FEV´s project funding is based on three pillars, i.e. partners´ contributions, EU funding and support from collaborations with other projects.
eCo-FEV´s project volume is €4.3 million. The project relies on the ambitions and investments of its partners. In addition, it is co-funded by the European Union (EU) which allocates €2.96 million. The project is carried out within the FP7 Work Programme 2011 COOPERATION of the European Commission addressing the objective GC-ICT-2011.6.8 ICT for fully electric vehicles. In particular, eCo-FEV aims at fulfilling the specific targeted outcome f): Integration of the FEV in the cooperative transport infrastructure.
The project was also able to mobilize resources from already existing programs to complement the internal contributions. The eCo-FEV French test site will collaborate with the CG38´s project called LiSa for the provision of FEVs, and with the national funded project, called SCORE@F, for the joint usage of cooperative driving technology and electric vehicles.
Another complementing task can be found in the EIT ICT Labs‘ Smart Energy Systems domain. In cooperation with EICT GmbH, a team of European researchers and innovation managers elaborates on the use cases of eCo-FEV and uses them to generate viable business models for EV infrastructures.