Lower investment costs and shorten time to market - Adopt a customer-focused platform with easy integration, advanced technology, continuous innovation and broad compatibility to build, control and create value with data insights.Predicting trends - Watch movement patterns of internal combustion engine (ICE) powered vehicles and make market predictions about where we might see more demand for EVs.This can also help you build safer vehicles. For instance, an EV OEM could strategically build charging stations in high-density areas, or identify where the need exists to help expand geographical infrastructure. Environmental data - Vehicle telematics data gives insights to enhance and expand your offerings.Run comparative analysis between various makes and models or gain proof of ROI for long-term EV implementation projects. Benchmarking - Geotab can help you benchmark vehicle performance against industry averages.Are all the parts of the vehicle integrated and working properly? Easily pinpoint areas of underperformance by scenario, which components fail the fastest, and how external factors affect each model. Product performance - Develop newer capabilities and improve product design with insights on how different vehicle models perform in the field.You’ll also be able to accelerate mobility offerings with connected vehicle solutions. With a turnkey telematics platform - like Geotab for hardware, software or both, you can get to market faster and reduce development costs.Īlso, if you have your own in-house solution, we have intelligent, complementary data sets that can help you expand your offerings, streamline costs and support development. How can you drive added value for your customers? You can read more about getting value from connected vehicle data in our white paper.įor now, let’s look at why partnering with a connected vehicle company is a better choice for OEMs looking for a connectivity platform. In reality, the staggering amount of time, money and resources needed to build such a product could threaten the focus on your core competencies and operations.
Is building your own telematics solution a better option than partnering with a connected vehicle company? Not only do you have to make decisions about everything from raw materials to sales and marketing, but the entire industry is going through a transition phase with EVs, mobility solutions, and autonomous driving - all of it needs your attention.
Production with positive cash flow is extremely hard.” When James Dyson shared his $700 million attempt at designing an electric car, Elon Musk replied in a Tweet: “Production is hard.
As an OEM, you know how hard it is to make vehicles.
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