How Telematics Can Change the Face of the Electric Vehicles Industry?

Date:- 5 Dec 2018

Historically, the automotive industry has always been one of the earliest to try out new technologies and innovations in their efforts to bring about better driving experience and safety to motorists. One of the latest technological innovations to be embraced by the automotive industry is that of telematics.

Telematics is the integrated use of telecommunications and informatics for automotive navigation systems. The technology is primarily used for monitoring vehicles remotely by collecting data from an IoT-enabled device installed in the vehicles. The vehicles can be monitored real-time or retrospectively. A telematics system aims to extract the highest possible efficiency, utility and safety from vehicles.

The technology is expected to be very useful for cars and other automobile rental agencies, which need detailed data on the performance of their vehicles, not only from the point of view of providing optimized service but also for insurance purposes. Within the automotive industry, perhaps the one subset that stands to gain the most from telematics is that of electric vehicles (EV).

While EVs are definitely the greener business option, most businesses are reluctant to switch over to them mainly because of the problems relating to range of the vehicles and battery recharging facilities. Telematics can play a key role in building user confidence in EVs and revolutionizing this industry. Some of the benefits of telematics in EVs are as follows:

  • 1. Provide real-time state of charge
  • 2. Mapping out an optimized route that will have proximity to charging stations and thereby facilitate smart charging
  • 3. Provide better servicing by monitoring locations in real-time
  • 4. Help EV rental agencies save money and promote their green business practices.

OK Play EV, whose range of electric vehicles includes electric erickshaws, loaders, vending carts and garbage trucks, has already installed telematics devices in all their vehicles. The various telematics-based services that they are able to provide to their electric rickshaw India customers include:

  • 1. OTA updates
  • 2. Range prediction
  • 3. Push lights and indicators
  • 4. Customized analytics
  • 5. Weather prediction
  • 6. Geo fence (Geographical boundary for operating the EVs)
  • 7. Vehicle efficiency
  • 8. Fault codes
  • 9. Vehicle history tracking
  • 10. Push navigation
  • 11. Route optimization

The technology will improve as more tests are conducted and more data collected and analyzed. Consequently, the range of services that telematics can provide will also expand. Therefore, it is reasonable to assume that EVs of the future are going to be far more optimized and efficient and thus the demand for them will also escalate.