Voltaiq, Veniam partner on EV battery data transfer solution

Voltaiq, an enterprise battery intelligence company, and Veniam, an intelligent networking platform provider, have partnered to transfer more electrification data to the cloud. The companies say using Veniam’s networking platform, Voltaiq will enable its customers to make more out of networks such as 4G/5G, Wi-Fi and V2X.

Voltaiq says it has developed a fully–automated, purpose-built battery analytics solution to gather, analyze and translate vast quantities of battery data into actionable insights. The company’s software solution allows customers to access real-time battery function and predict future performance and behavior accurately, Voltaiq says.

To solve the challenge of transferring the fast-growing data volumes in a cost-effective way, Voltaiq will leverage Veniam’s ability to transfer 10x more data at 50% to 80% lower cost per gigabyte, the companies say. This includes utilizing millions of Wi-Fi hotspots for data offload automatically even when the vehicles are on the move. Vehicles powered by Voltaiq will also be able to use enterprise Wi-Fi networks for data offload and even communicate securely among each other using Veniam’s advanced vehicle-to-vehicle communication capabilities, the companies say.

BorgWarner has agreed to acquire the electric vehicle solution, smart grid and smart energy businesses of Hubei Surpass Sun Electric (SSE). The transaction has an enterprise value of up to RMB 410 million (approx. $59.36 million).

Headquartered in Xiangyang, Hubei province, China, SSE’s electrification business supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. SSE says it has delivered over 50,000 charging points and has led the engineering, procurement, and construction (EPC) of more than 250 charging station sites. SSE’s charging and electrification capabilities in China are expected to complement BorgWarner’s existing capabilities in Europe and North America, the companies say. SSE’s 2022 revenues for the electrification business are expected to be approximately RMB 180 million (approx. $26.06 million).