VTRO Motors Pvt. Ltd, has announced the launch of ‘EV ecosystem incubator’, their pioneering AI based SaaS solutions, designed with suitable customisation for both, battery makers and EV vehicle manufactures.
This AI based SaaS offering is the first of its kind to be developed in India and will help the EV sector to monitor battery consumption, battery life cycle, consumer usage patterns etc. and similar data points for EV vehicles, which will help manufacturers to improve customisation, lower costs and become better connected to consumers. In addition to the software solutions, VTRO also has the scalable charging station infrastructure hardware solutions, which makes a complete implementable EV ecosystem package for any EV player to use.
As per Pranit Parekar, Co-founder & CTO, VTRO Motors Pvt ltd, the company has decided to pivot its strategy and add a layer of customisation to the SaaS offering, and collaborate with other EV players in the market in order to build a more efficient, sustainable and economical EV ecosystem. Today, there is no holistic market intelligence or real time reports on the usage and performance of EVs or batteries or intuitive tracker for consumer preference and needs. VTRO’s AI solutions can help bridge this gap of market insight in order to enhance the demand-supply chain. The company plans to roll out the EV solutions program in three phases – first being an AI SaaS solution for EV batteries, followed by the solutions for EV vehicles and lastly the charging station hardware support.
VTRO has developed a universal external AI enabled IoT module which can be fitted to any EV battery available in the market. This IoT module has a preset index of 15+ battery parameters to monitor and the company can customise as per their choice of parameters. The real time monitoring data will provide the battery manufacturers critical insights on the battery lifecycle, discharging pattern, consumer user pattern, etc. which will help in upgrading the batteries to suit the demand and needs of the consumer. This data will also help plot the overall performance and scope of innovation in EV batteries. This IoT module will predict the thermal runaway with unique cell level tracking technology, which will help the industry to avoid fire incidents in future.
The next step of the rollout will be to modify the IoT module to track EV vehicle performance, allowing manufacturers to track real time insights on the durability and adaptability of EV vehicles on different terrains, the consumer usage pattern and possible modifications that can enhance the user experience. Phase three will be launching the charging and swapping station hardware support which can be customised to the manufacturer’s requirement. VTRO plans to launch all the three phases over the next three to four months.