The startup focuses on enhancing the efficiency of electric vehicles (EVs) through advanced battery management systems that optimize energy usage and extend battery life. By addressing the limitations of current EV technology, the company aims to improve overall vehicle performance and reduce operational costs for consumers.
Funding
Funding not disclosed
Founders
Product
Problem
EV fleets face challenges in managing battery costs, optimizing performance, and ensuring security, especially in last-mile delivery operations. Traditional fixed battery costs can be a barrier to entry and expansion, while inadequate monitoring and analytics limit efficiency and lifespan.
Solution
Flowatt Battery Science offers a comprehensive battery management solution for EV fleets, transforming fixed costs into a flexible, pay-per-use subscription model. By equipping batteries with IoT technology, Flowatt enables real-time GPS tracking and remote monitoring, enhancing security and operational oversight. The platform provides advanced battery and vehicle analytics, offering predictive insights and accurate tracking to optimize fleet performance. This approach facilitates efficient energy usage, extends battery lifespan, and supports the redeployment of used batteries for second-life applications.
Target Audience
Flowatt's primary customers are EV fleet operators involved in commercial last-mile delivery, particularly those utilizing 2 and 3-wheelers.
Features
- Pay-as-you-go battery subscription model based on per kilowatt-hour pricing
- IoT-enabled battery management with GPS tracking and remote monitoring
- Geo-fencing, temperature detection, and other security features for asset protection
- Battery and vehicle analytics for predictive maintenance and performance optimization
- Custom battery design and efficient operational modeling for vehicle and rider optimization