Chinese EV maker Nio join hands with UK AI software company to improve EV batteries
To provide enhanced and improved electric car batteries through real-time testing, Nio, a Chinese electric vehicles (EV) maker has joined hands with UK AI software startup, Monolith.
The agreement allows the carmaker to evaluate new batteries by assessing their health, performance, and durability each time they are switched out. Monolith's AI system analyses the data and provides real-time insights for battery improvements.
The partnership's goal is to increase battery performance by utilising data from Nio's battery-swapping service in Europe. The project's testing will shortly start in five European markets.
Monolith's deep-learning algorithms detect battery problems automatically, such as spontaneous discharge and thermal runaway, allowing for faster analysis of complicated real-world data. This capacity not only saves time and costs but also improves battery safety, according to Richard Ahlfeld, CEO and Founder of Monolith.
Electrification is revolutionising the car industry, resulting in major investment in longer-lasting, faster-charging, and more cost-effective batteries. Traditional models do not adequately represent battery performance, leaving OEMs and cell makers to rely on physical testing, which adds costs and delays. Staying competitive requires a new approach based on AI and machine learning.
Monolith's AI models, based on test data, provide a simpler and more accurate alternative to standard Error Correction Models (ECM) and Pseudo-Two Dimensional (P2D) models. Users may enjoy Monolith's interactive tools to analyse battery designs, forecast how batteries function under various situations, and optimise important parameters.