Trending

Stories

RevFin and Aeris Join Hands for IoT-Enabled EV Vehicles

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

RevFin, a digital consumer lending platform underwriting financially excluded and underserved segments has entered into a strategic partnership with Aeris Communications, India, an Internet of Things (IoT) technology partner for enterprises.

As part of this association, over the next 4 years, RevFin will be investing $ 15 million on upcoming electronic vehicles embedded with IoT solutions powered by the Aeris Asset Assurance Platform.

Also Read

Aeris is a full-stack IoT technology enabler for automotive OEMs. Its connected technology for vehicles provides a comprehensive solution for an enhanced customer relationship, safety and security, and infotainment. Aeris has created an IoT ecosystem to empower organizations in optimizing human intervention and attain real-time remote monitoring of machines, equipment, and other assets along with predictive and preventive maintenance of various products and assets within enterprises.

For electric vehicles, embedded IoT devices can augment four key areas. The first is improvement in driver performance by measuring driver behavior like speed, acceleration, driving range, and other such parameters. Drivers can be provided real-time tips and comparisons with other drivers to improve their performance, increasing their overall earnings. The second area is vehicle safety and security.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Real-time tracking, remote immobilization, and geo-fencing can keep vehicles safe from theft. This helps reduction in insurance premiums as well. The third area of improvement is around vehicle standards. By looking at vehicle performance data, like range per charge, change in range per charge over a period of time, vehicle utilization, and differences in performance based on geography, age and, weather conditions, vehicle, and battery OEMs can make effective changes to their products.

Finally, one of the biggest benefits of Aeris-connected technology is early warning triggers for loan repayments. A vehicle that is under-utilized or road unworthy is likely to lead to a default in loan repayments. A vehicle with a limited range or long charge time would also mean lower income for the drivers, reducing their capacity to repay loans.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
ChatGPT Reaches 100 Million Users in Two Months Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly 
OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors