Indian EV company eBikeGo launches new IoT system to analyse usage of electric two-wheelers

The Indian EV model eBikeGo not too long ago launched an IoT system that’s linked to EBG-Matics mobility.

EBG-Matics is a telematics system that makes use of AI and machine studying to investigate driver and automobile habits to trace and enhance effectivity. In keeping with the corporate, insurance coverage corporations and banks must also profit from EBG-Matics.

The system follows the method zero.5 – 5 – 50, the place zero.5 signifies that the automobile ought to be repaired inside half an hour within the occasion of a failure or malfunction, 5 signifies that the autos and their belongings will final no less than 5 years ought to and 50 signifies that solely 50% of the fee ought to be spent on upkeep.

Since corporations don’t have any knowledge to current to banks and insurance coverage corporations, gasoline autos obtain 90% financing and electrical autos 70%. Electrical automobile fleets can use comparable know-how from EBG-Matics to show knowledge to be able to resolve on funding choices.

The corporate claims it could additionally assist insurance coverage corporations by offering knowledge that signifies which drivers are secure and which aren’t.

With EBG-Matics, even meals supply or logistics corporations akin to Swiggy, Zomato, Large Basket or Amazon will be provided full evaluation knowledge or enterprise intelligence. The drivers can be given a driving mark.

The depreciation of autos is one other issue that may be modeled by EBG-Matics. The time of precise use throughout possession, driving / parking situations, upkeep data and extra will be tracked through EBG-Matics.

The data can be used to supply suggestions to producers, sellers, and others. GPS, accelerometer / gyro, Bluetooth Low Vitality, elevated backup battery, load sensing capabilities and an edge laptop processor will all be accessible in eBikeGo’s electrical autos. Particular person prospects can monitor their driver ranking to search out areas of improvement that may result in elevated security and decrease automobile possession prices.

EBG-Matics is included as customary in all eBikeGo fleets and can be utilized to successfully consider the automobile situation with the eBikeGo analysis system.

“With our new innovation – EBG-Matics – we provide insights into the mobility market. With the protection of our drivers a prime precedence, we’re combining numerous key applied sciences, together with IoT and AI, to take automobile monitoring to the following stage. When it comes to sweetening the worth proposition of electrical autos and making them accessible to most of the people, we imagine these applied sciences have as a lot potential as the following breakthrough in battery know-how, ”stated Irfan Khan, Founder and CEO of eBikeGo.

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