How an EV financier achieved substantial cost savings and up to 20% increase in operational efficiency

How an EV financier achieved substantial cost savings and up to 20% increase in operational efficiency

How an EV financier achieved substantial cost savings and up to 20% increase in operational efficiency

Overview

An EV financing solutions provider approached us for a state-of-the-art system that could provide ride efficiency analysis, insights on charging and usage data, and safety drop detection. Datakrew’s EV Agnostic Analytic solution provided a comprehensive ride efficiency comparison and monitored the vehicle’s safety parameters during charging and discharging.
 

Client Profile

Our client is a specialized financial institution focused exclusively on providing innovative non-banking financial solutions for Electric Vehicles (EVs) across India. Besides EV financing services, they are committed to fostering the growth of the EV industry thereby contributing to a more sustainable future.
 

Problem

The client lacked the tools to compare the ride efficiency of their vehicle with others in their fleet or the market. There was a significant concern regarding the detection of safety drops in different aspects of their vehicles. Without proper detection, potential safety risks could go unnoticed, leading to hazardous situations. They were unable to extract meaningful insights from data related to when and how their vehicles were charged and used. This lack of understanding impeded strategic decision-making regarding vehicle operations and maintenance.
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Solution

With Datakrew’s EV Diagnostic & Analytics solution, a comprehensive Ride Efficiency comparison was made that allowed the client to compare the ride efficiency of their vehicles against others.
Our solution included a robust safety monitoring system that detected drops in physical, chemical, and electrical safety parameters.
Our system gathered and analyzed data related to vehicle charging and usage.
 

Results

The client was able to optimize vehicle performance by monitoring charging and usage data in real-time. Safety risks were detected and notified ahead of time prompting corrective intervention.
 

Benefits

  • Operational Efficiency improved up to 20%
  • Substantial Cost Cutting
  • Improved Safety Score
  • Significant reduction in vehicle malfunction and downtime