Local News & NorthwestSeptember 17, 2024

BOSTON--(BUSINESS WIRE)--Sep 17, 2024--

AP News, Associated Press

BOSTON--(BUSINESS WIRE)--Sep 17, 2024--

Electra Vehicles, the leader in AI-driven solutions for battery design, monitoring, management, and optimization, is excited to announce its participation in two of the most prestigious global technology events— The Battery Show 2024 and CES 2025. Electra will showcase its latest advancements in battery innovation and AI technology, setting a new benchmark for performance, efficiency, and sustainability in the industry.

The Battery Show 2024: Accelerating Battery Innovation with EnPower

At The Battery Show 2024, Electra will showcase its EnPower Design and Battery Innovation Suite, a game-changing software platform that accelerates battery development by up to 90%, cuts costs by as much as 30%, and reduces product failures by up to 40%. EnPower empowers companies to design, test, and optimize batteries more efficiently than ever by seamlessly integrating lab data with real-world performance analytics. The suite ensures product reliability across stages— from initial design and testing to full system integration —providing end-to-end confidence in battery innovation.

Key features of EnPower include:

  • Digital Twins for Virtual Testing: Reducing physical prototyping costs and accelerating time-to-market.
  • AI-Powered Predictive Models: Offering insights into battery lifespan, performance, and reliability.
  • Rapid Simulation: Enhancing the design process through in-depth material and cell performance analysis before large-scale production.
  • Maximize Innovation Value: Ensure product reliability from Design to Testing to System Integration.

Attendees will experience firsthand how EnPower helps companies overcome some of the biggest challenges in battery development, ensuring robust design, testing, and performance reliability.

CES 2025: Revolutionizing the Future of EVs with AI-Enhanced Battery Management

At CES 2025, Electra will further innovate by showcasing its full suite of AI-powered battery solutions, including an embedded vehicle demo in a leading EV model. This interactive presentation will feature an AI-installed vehicle on the road, demonstrating Electra’s revolutionary technology that tackles range anxiety and optimizes EV battery performance. Building on the success of our showcase at MOVE 2024, this event will highlight the next level of real-world applications and cutting-edge solutions for the future of electric vehicles.

Core innovations to be unveiled at CES include:

  • EVE-Ai Adaptive Control: Extending battery health and performance by up to 87%, boosting efficiency and reliability for electric vehicles (EVs).
  • EVE-Ai Intelligent Display - Range Expert: Providing real-time battery insights to EV drivers, reducing range anxiety with less than 1% error in forecasted state of charge (SOC) at destination, consequently increasing EV sales by up to 10%.
  • Fleet Analytics: Enhancing electric assets' battery management through predictive maintenance and real-time monitoring, reducing operational costs, and ensuring regulatory compliance with the EU Battery Passport. This can be applied to vehicles, BESS (stationary energy storage), etc.
  • EnPower: accelerate battery innovation, cutting development time by up to 90% and costs by up to 30%, by integrating lab and real-world data for rapid design and performance evaluation

Join Electra at These Industry-Leading Events

Electra invites battery industry professionals, electric vehicle manufacturers, and technology enthusiasts to join us at both events to witness firsthand the next generation of battery technology:

  • The Battery Show 2024 (Location: Detroit, Michigan | Dates: October 7-19) - BOOTH #4053
  • CES 2025 (Location: Las Vegas, Nevada | Dates: January 6-9, 2025)
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About Electra Vehicles:

Electra Vehicles, Inc. is on a mission to unlock the full potential of battery technology, paving the way for a battery-powered world that drives society forward. We deliver value to automotive OEMs, battery manufacturers, fleet and BESS operators, and other key stakeholders by utilizing innovative AI/ML-enabled technology and advanced data analytics. Our goal is to spearhead positive change, leading toward a sustainable and electric-powered future!

View source version on businesswire.com:https://www.businesswire.com/news/home/20240917371132/en/

CONTACT: Media:

Director of Marketing & Communications: Giovanni Rossi

Electravehicles.com

grossi@electravehicles.com

KEYWORD: NEVADA MASSACHUSETTS MICHIGAN UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING GREEN TECHNOLOGY SUSTAINABILITY MANUFACTURING ALTERNATIVE VEHICLES/FUELS TECHNOLOGY EV/ELECTRIC VEHICLES PROFESSIONAL SERVICES BATTERIES ENVIRONMENT ARTIFICIAL INTELLIGENCE FLEET MANAGEMENT AUTOMOTIVE SOFTWARE DATA ANALYTICS VEHICLE TECHNOLOGY

SOURCE: Electra Vehicles

Copyright Business Wire 2024.

PUB: 09/17/2024 06:43 AM/DISC: 09/17/2024 06:43 AM

http://www.businesswire.com/news/home/20240917371132/en

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