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eBikeGo launches AI-based telematics solution for fleet management, Auto News, ET Auto

eBikeGo launches AI-based telematics solution for fleet management, Auto News, ET Auto

by admin
August 3, 2021
in Technology
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The company says the EBG-Matics uses AI and machine learning to analyse rider and vehicle behaviour in order to track and improve efficiency to achieve its mission. Insurance companies and banks can also benefit from EBG-Matics.
The corporate says the EBG-Matics makes use of AI and machine studying to analyse rider and automobile behaviour to be able to observe and enhance effectivity to attain its mission. Insurance coverage firms and banks may also profit from EBG-Matics.

New Delhi: Mumbai-based electrical automobile start-up eBikeGo on Tuesday launched EBG-Matics, a novel IoT system linked to mobility, which the corporate says will make its e-fleets smarter and extra environment friendly within the EV ecosystem.

EBG-Matcis follows a 0.5 – 5 – 50 system, wherein 0.5 implies that the automobile needs to be repaired inside half an hour in case of any downtime or fault, 5 signifies that autos and their belongings ought to final at the least 5 years, and 50 signifies that solely 50% of the associated fee needs to be spent on upkeep.

Irfan Khan, founder and CEO, eBikeGo, mentioned, “We offer perception to the mobility market with our new innovation – EBG-Matics. For the reason that security of our drivers is our first precedence, we’re combining quite a lot of crucial applied sciences, together with IoT and AI, to take automobile monitoring to the subsequent degree. When it comes to sweetening the worth proposition of electrical autos and making them extra accessible to most people, we consider these applied sciences have as a lot potential as the subsequent breakthrough in battery know-how.”

The corporate says the EBG-Matics makes use of AI and machine studying to analyse rider and automobile behaviour to be able to observe and enhance effectivity to attain its mission. Insurance coverage firms and banks may also profit from EBG-Matics.

In line with the corporate, banks and insurance coverage firms grant petrol autos 90% financing and electrical autos 70% financing as they don’t have differentiated knowledge accessible for the inexperienced autos. However EV fleets utilizing EBG-Matics’ will be capable of generate the information to point out them which fashions are the most effective for getting the most effective financing. It may well additionally help insurance coverage firms by offering knowledge indicating which riders are driving safely and which aren’t. They will modify their insurance coverage insurance policies accordingly.

Moreover, full analytics knowledge or enterprise intelligence could also be provided to meals supply companies comparable to Swiggy, Zomato, Large Basket, or Amazon utilizing EBG-Matics. This permits them to find out whether or not the motorist is driving erratically and misusing belongings or not. They’re going to be given a driving rating. At current, many of the firms observe the driving force utilizing cell phones, however they do not get hold of the driving force’s qualities from the telephones; however they’ll get the driving force’s attributes through EBG-Matics. and they’ll be capable of make any business judgments primarily based on this. It’s going to present trendy automobile monitoring options with standard options comparable to place, orientation, velocity and vary estimation in automobile monitoring items.

Automobile depreciation is precisely modeled by EBG-Matics. The time of precise utilization throughout that possession, driving/parking circumstances, upkeep data, and so forth have all grow to be extra essential on account of the IoT function. This IoT-enabled EBG-Matics will present info that may be utilised to supply helpful suggestions to producers, sellers, and others.

The corporate says EBG-Matics might be included as commonplace in all eBikeGo fleets and could also be used to successfully price the automobile’s well being with the eBikeGo ranking system. Customers will be capable of inform how good a automobile relies on its eBikeGo ranking. This would be the commonplace for all future electrical autos, the corporate mentioned.

Learn extra:

Fleet prospects can now leverage GM’s telematics resolution throughout their complete fleet, no matter automobile make or mannequin

The acquisition will speed up Bridgestone’s efforts to develop and deploy sustainable mobility options as a central pillar of the corporate’s superior mobility technique, the corporate mentioned.





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Tags: AIbasedAutoeBikeGoFleetlaunchesManagementNewsSolutionTelematics

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