Categories: Electric Cars

FreeWire launches AI platform to help businesses predict best locations to install EV chargers

Revolutionary and optimized charging community FreeWire has simply launched a brand new AI-enabled platform referred to as Mobilyze Professional that makes use of predictive algorithms to allow companies to find out the most effective place on their property to put in EV chargers. With the launch, FreeWire hopes to bridge the hole between the rising variety of EVs on roads and the infrastructure required to maintain them charged.

FreeWire Applied sciences is an EV quick charging and vitality administration options firm based in 2014 that has been serving to expedite the world’s transition to electrical automobiles by creating extra environment friendly charging options.

Up to now, FreeWire has created a lineup of turnkey battery-integrated piles it calls Increase Chargers in addition to proprietary administration software program to assist them function after set up utilizing current low voltage and low-power grid connections whereas nonetheless delivering DC EV charging capabilities.

In December of 2022, FreeWire acquired Mobilyze.ai – a platform that makes use of synthetic intelligence to assist website hosts strategically set up fast-charger stations in an effort to maximize their return on funding.

Lower than a yr later, FreeWire Applied sciences has relaunched the platform underneath its personal umbrella as Mobilyze Professional, which now features a slew of recent help instruments.

Credit score: Freewire Applied sciences

FreeWire’s AI desires to assist set up these new EV chargers

In line with FreeWire Applied sciences, over 180,000 public quick charging stations will likely be required to help 26 million EVs projected to be in operation within the US by 2030. As such, FreeWire believes that hole between EV gross sales and chargers wanted to help them will widen with time if new options aren’t launched.

Add time-consuming elements at the moment stifling EV charger installs akin to permits, installations, and lengthy lead time for utility upgrades to help the upper vitality demand, and there may be motive for concern. FreeWire has already helped fight this subject with the deployment of its Increase Chargers that may even be rolling out within the EU subsequent and is carried out new applied sciences to increase the supply of quick charging, like vowing to supply NACS connectors for example.

With as we speak’s launch of Mobilyze Professional, FreeWire Applied sciences is placing new, AI-led instruments into the palms of enterprise and property house owners to assist alleviate a number of the complications that include an EV charger set up challenge – all whereas maximizing the location’s profitability.

New instruments on Mobilyze Professional embody a utilization prediction engine, a tariff advice engine, and a profitability calculator – all of which mix info leveraged by AI to dissect public and proprietary knowledge in an effort to predict the most effective places to deploy quick chargers. Right here’s how every new instruments experience breaks down:

  • Utilization prediction engine – Analyzes charging exercise knowledge from hundreds of current public charging places and correlates the info alongside EV journey patterns, demographics, and automobile possession to foretell every day charging periods per day at a given location.
  • Tariff advice engine – Permits website hosts to quantify the impression of putting in quick charging on their utility payments and establish the most effective utility tariff for his or her website.
  • Profitability calculator – Predict working prices and money circulation for a given EV charger set up.

FreeWire founder and CEO Arcady Sosinov elaborated:

Mobilyze Professional is probably the most highly effective software program instrument obtainable as we speak to investigate and predict strategic deployments of quick charging infrastructure. The platform makes use of AI to make extremely correct predictions and optimize challenge economics, making EV quick charging extra ubiquitous and extra accessible to the general public.

FreeWire states that Mobilyze Professional will change into obtainable to potential hosts within the US and 4 Canadian provinces in Q1 of 2024. The know-how firm will provide a stay product overview on the NACS present in Atlanta on October 3-6.

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