Lohum has announced its partnership with Vecmocon. The partnership aims to accelerate the widespread adoption of EVs by combining the pioneering battery testing technology of Lohum and the battery intelligence & real-time data monitoring capabilities of Vecmocon.
Under the partnership, Vecmocon will integrate its data attributes collected in real-time, powered by Machine Learning algorithms, with Lohum’s data systems, sharing important battery parameters collected through Vecmocon's i-VEC drive offering.
This partnership will ensure the optimal utilisation of EV batteries, extending battery life, enabling second-life usage and facilitating optimal recycling of Li-ion batteries.
Through a combined offering of an AI-powered battery management system (BMS), and vehicle intelligence module, both companies plan to power over 100,000 batteries in the next two years.
Peeyush Asati, Founder & CEO, Vecmocon, noted that the collaboration will help the clients improve the performance of their batteries and extend life, thus improving vehicle performance.
Furthermore, this collaboration will also help the complete EV ecosystem of service, insurance, finance and used vehicle marketplaces.
Rajat Verma, Founder & CEO, Lohum, stated that both companies will contribute to a closed-loop circular economy and create a more sustainable ecosystem for electric vehicles in India.