AI Smart Pricing

AI Smart Pricing

Date

Date

15 Apr 2026

15 Apr 2026

Tags

Tags

Tags

AI Integration, New Revenue, SaaS

AI Integration, New Revenue, SaaS

Company

Company

ChargePoint

ChargePoint

Enable Electron sellers to maximise revenue by AI-driven pricing engine to improve station pricing changes

💪🏻 This was the project that I (Akash Bulbule) and my fellow PM ( Monika) were responsible during our Journey in ChargePoint, Aimed to increase station owners revenue

EV Industry context

About ChargePoint

Why this project?

  1. It solves a High-Cognitive Load problem (Complexity → Clarity)

  2. Demonstrates AI as a Utility, not just a prototype

  3. Connects Design to Business Levers (EBITDA)- Design moving Business needle

Project Content:

  • Context on EV industry (ChargePoint)

  • Problem / Data insights / Pod structure

  • Defining scope for project

  • Competitors & Research

  • Approach & Collaboration

  • Solution screens

  • Conclusion

Team Structure

  • Product lead: Monika (Sharfuz)

  • Data & AI lead: Ravi, Federica

  • Engineering lead: Sunny

  • UX lead: Akash B


Problem Statement🕵🏻‍♂️ 

  • Majority of EV charging stations are underperforming financially and are not profitable for station owners, which creates problem for future infrastructure investment from

  • Why?
    Coz Many major EV charging networks currently Use manual static pricing or a one-size-fits-all approach based on average state energy costs and basic competitive prices.


    Problems in detail

    • Set pricing are only banked on few inputs (Demand trends, Cost variability, and Optimal revenue opportunities)

    • Most public Sites sit under-utilised at slow hours, get slammed at peak hours, and pay punishing demand charges

    • Station Hosts are not as savvy or do not want to constantly monitor & updating charging prices based on competitors

    • Hosts fear what if drivers don’t show up if price increased


Data Insights


Type of station owners

Persona Type

Description

Company name

Reference in India

Charging Context

Primary Goals

Charger Type

Pricing Sensitivity

Fleets “Keep vehicles charged”

  • Businesses with Company vehicles

  • Usually charging in a dedicated location (Depot)

Gillig, UPS (EU)

KSRTC Electric Bus depot, Uber depot

Vehicles have dedicated place (Depot) or daily charging

  • Making sure vehicles are fully charged for their scheduled dispatch

  • Time sensitive

Both AC and DC stations

🟢 Low

Amenities Extender “Bring them in”

  • Businesses that offer charging to attract foot traffic

  • Charging is a means to another revenue flow.

Startbucks, Local restro, Big box stores

Metro, Dmart, CCD, MCD etc

  • Customers park while shopping or dining

  • Charging is incidental

  • Increase in-store traffic

  • Longer dwell time

  • Not focused on charging revenue

Mostly AC chargers

🟢 Low

Benefits Extender “Keep employees happy”

  • Large employers offering EV charging as a workplace perk

  • Value fairness and cost visibility

Google, Apple or Meta

Prestige tech park, Google, Microsoft

  • Employees charge during the workday

  • Long, predictable sessions

  • Fair access to chargers

  • Avoid overuse

  • Track costs without profit

Mostly AC chargers

🟡 Medium

Electron Seller (aka CPO) “Every kWh counts”

  • Charging is the business

  • ROI-focused

BP pluse, Tesla, Love’s, Superchargers, Walmart fuelling stations

Tata Power EZ Charge, Jio-bp, and ChargeZone

  • Drivers come to charge and leave

  • Usage must be optimised for margin

  • Maximiseutilisation and profit

  • Real-time pricing response

  • Compete on availability and price

Mostly DC fast chargers

🔴 High Core to business (OUR FOCUS AREA)


Competitors study


Our goal

Enable Electron sellers to maximise revenue by AI-driven pricing recommendation engine to improve pricing changes

How are we doing it?

Introducing Smart pricing AI engine in our Existing Pricing Flows

What is Smart pricing AI engine

AI model helping CPO’s move beyond static pricing for our EV charging stations.

  • In stead of "Set it and forget" price, this engine provides Dynamic recommendations that adapt to real-world conditions, aiming to Maximise revenue while remaining competitive and fair to our customers.



♵ My role as Product Designer

  • Collaboration: Worked at the intersection of Product, Engineering, and Data Science to define core workflows.

  • User Research: Facilitated PM interviews to identify revenue-generation pain points for owners.

  • AI-Driven Ideation: Developed rapid concepts for quick validation of the AI pricing recommendation engine.

  • Validation: Created interactive prototypes for stakeholder syncs and conducted rigorous user testing to ensure design efficacy.




Let's relook on problems

Problems

EV charging stations are not profitable coz they use manual static pricing or a one-size-fits-all approach based on average state energy costs and basic competitive prices.

Problems in detail:

  • Set pricing are only banked on few inputs (Demand trends, Cost variability, and Optimal revenue opportunities)

  • Most public Sites sit under-utilised at slow hours, get slammed at peak hours, and pay punishing demand charges

  • Station Hosts are not as savvy or do not want to constantly monitor & updating charging prices based on competitors

  • Hosts fear what if drivers don’t show up if price increased


How solve it?

  1. Build Data-driven recommendation engine for pricing.

  2. Leverage AI/ML where feasible to adapt to real-world conditions

  3. Optimise for:

    • Revenue maximisation for station hosts (CPOs).

    • While remaining Competitive in the market (Eliminating Monopoly)

    • Fairness for loyal customers/drivers (Trust)
      - With Station Hosts: Dynamic pricing must be transparent, explainable, and customisable. Hosts should never feel coerced or out of control.
      - With Drivers: Drivers should understand when and why prices change. We will use consistent pricing explanations to ensure perceived fairness.
      - With Our Ecosystem: We will never expose or use one host’s pricing to influence another host's pricing. Data privacy and competitive integrity are paramount.


Defined Metric Goals

  • Core metric: Site Revenue (Target = >5% lift) (Pure profit)

  • Counter metric: Site Utilisation (Target = >25%) (How many hours in a day is my station in use)


Factors Driving Pricing

Factors

As a ChargePoint Owner, I want to..

So that..

Revenue info

Understand Cost & Revenue & # of sessions I make from charging at an overall org level at any point of time

I ensure optimal business outcomes for my EV charging business

Utilisation

Know Utilisation pattern on site level

I know

  • When if i need to install more station

  • Uptime Data: How many drivers could not get a charge due to downtime

  • Utilisation Data: How many hours was station active & was in use

Utilisation

I would like to have a discounted price in my most idle time to drive more traffic to my sites

I can increase earning more revenue at my slowest time

Utilisation

I would like to increase my charging price when I am experience high queues

I can balance queues and driver wait time

Configuration

Get recommendations to change my pricing based on events around my site

  • Particular days of high/low traffic 

  • Holidays etc

I can increase my revenue in this competitive neighbourhood https://www.caiso.com/todays-outlook/demand#section-current (Fetching details from Open API’s)

Energy Cost & Demand charge

Have my CMS intelligently set a price that based on demand charge and energy cost

I can offset peak hours and reduce energy cost


User story based on Interviews conducted

Theme/topic

As a ChargePoint Owner, I want to..

So that..

MVP Priority (MoSCoW)

Priority for user

Insights/ KPI

have org level & site level insights on cost, revenue & Session level informations

I ensure optimal business outcomes for my EV charging business

Must have

P0

Insights/ KPI

see forecast of revenue generated based on potential pricing changes made on each sites

I can make data-driven decisions before applying them longterm settings

Could have

P0

Risk control

have guardrails for myself to play within so that I don’t make huge changes

I can control risks while experimenting with adaptive pricing

Need to have

P0

Experimentation

experiment with multiple pricing changes at specific sites

I can learn which strategies generate the most revenue over time.

Could have

P2

Update pricing

have alerts when a pricing rule negatively impacts revenue or sessions

I can act quickly to adjust to minimise losses

Could have

P2

Logs

view a history of pricing changes made at sites

I can revisit past adjustments, evaluate their results, or roll back if needed.

Could have

P2

Pricing schedule

want to schedule pricing changes in advance

I can align with peak hours, weekends, or events without any manual action from my side

Won’t have

P3

Automation

have configuration to choose balance between manual and automated pricing

I can decide how much my oversight is required for pricing changes

Could have

P3

Segment revenue

segmented data revenue performance by driver groups (e.g., my drivers vs. guests)

I can optimise pricing for different user types

Could have

P3



Solution 🌊

Hybrid Engine

Smart pricing would be a hybrid engine which combines rule-based components with machine learning (ML) models to forecast utilisation based on historical and contextual data.

  • Rule engine recommends optimal pricing scenarios.

  • ML models then forecast expected revenue from these recommended prices.

External (Electricity cost)

  • Option 1-Direct text Input of utility rate manually through a form

  • Option 2- Pre-filled Estimation: Pull regional rates via OpenEI API

  • Option 3 - Upload a PDF/CSV of the bill to identity Utility provider & Plans

Internal Data inputs (Site level)

  • Utilisation (sessions/time of day, occupancy)

  • Energy dispensed (kWh/session, peak kW)

  • Pricing history & previous experiments

Internal Data inputs (Site level)

  • Historical transaction data (10+ years available) - CP & Roaming

Key Inputs to the Engine by Data team

  • Location Quality (Location Score):

    • A critical factor influencing driver choice alongside price and charging speed.

    • Stations near attractive amenities (restaurants, cafes, shops) have higher value.

  • Location score calculation:

    • Uses Google Places API data of businesses around the station.

    • Classifies businesses by category and incorporates their Google ratings.

    • Accounts for proximity (distance) to the station from amenities

    • A generative weighting model combines these factors to produce a numeric location score.

The location score serves as an important input feature in the pricing and utilization forecasting models to better tailor recommendations based on site attractiveness and competitive landscape.



Key Ingredients: What Data We Use

The engine makes its decisions by analysing data points providing a unique insight into a station's performance and market position.

Data Category

Key Metrics

Business Question It Answers

Station Performance

Current Utilisation, Current Price

How busy is the station right now? How are we priced today?

Competitor Landscape

Neighbour Prices, Neighbour Locality Score

What are our competitors charging? Are their locations better or worse than ours?

Location Quality

Station Locality Score

How good is our station's location in absolute terms (e.g., near highways, restaurants)?

Customer Loyalty

Recurring Driver Ratio

Do we have a base of loyal, repeat customers at this station?

Business Rules (Guardrails)

Utility Cost, Min/Max Price

What is our base cost for electricity? What are the absolute price boundaries we must operate within?


Data Team Prototype:

Figma Make Prototype:



Problems v/s Solution

Problem (Manual static pricing)

Solution (AI recommended pricing)

Make pricing decision based on only few input

Intelligent Dashboard automatically provides real-time market data, enabling informed decisions with minimal manual input

Sites sit under-utilised at slow hours, get slammed at peak hours

Implementing variable pricing to incentivise off-peak usage and maximise revenue during high-demand windows.

Station Hosts are not as savvy, Don’t want to to constantly monitor

Dynamic dashboard manages complex pricing logic on behalf of the host, removing the need for 24/7 oversight.

Fear what if drivers don’t show up if price increased

Risk-Mitigated Experimentation to run time-bound experiments with a fail-safe option to revert instantly.



Outcome ⚡️⚡️

Successfully validated the impact of the AI Pricing Engine through direct engagement with 3 key customers with 7% revenue increase in 3 weeks timeframe



Summary & Strategic Pivot

Collaboration

My collaboration with the Product Management team continued till March 2026, during which I spearheaded the early-stage ideation, core feature definition, and the foundational workflow architecture.

Organisational Restructuring,

In late March 2026, the organisation underwent a major restructuring that led to a shift in product priorities.

Validation

Despite the project being placed on hold, we successfully validated the impact of the AI Pricing Engine through direct engagement with 3 key customers via detailed calls and data analysis.

Technical Challenges

  • The pivot was further influenced by dependencies on a new data architecture.

  • The AI recommendation engine required precise "site definitions" to function. However, the manual migration of users from the legacy system to the new architecture took longer than anticipated. This underscored the importance of data readiness in AI-driven design.

Future plan

The qualitative feedback from 3 customers confirmed that our design direction was sound, even as the implementation was rescheduled for future quarters.

Conclusion

  • While the company later shifted its strategic focus, this case study serves as a definitive record of the vision, solutions, and design systems I established during this phase.

  • It captures a robust design framework built to solve complex pricing and editing challenges in a competitive market.


More projects

Got questions?

I’m always excited to collaborate on innovative and exciting projects!

Got questions?

I’m always excited to collaborate on innovative and exciting projects!

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