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FreeWire launches AI-enabled platform to optimize deployment of EV charging stations

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FreeWire Technologies, a provider of battery-integrated EV charging stations and energy management solutions, has launched a new software platform that’s designed to predict the best locations to deploy EV fast charging.

The new Mobilyze Pro platform includes a utilization prediction engine, a tariff recommendation engine, and a profitability calculator. It uses AI to parse public and proprietary datasets and provide owners of charging infrastructure with the data they need to compare site locations and hardware solutions, thus providing confidence in the business case for EV charging.

“Mobilyze Pro is the most powerful software tool available today to analyze and predict strategic deployments of fast charging infrastructure,” said Arcady Sosinov, CEO and founder of FreeWire. “The platform uses AI to make highly accurate predictions and optimize project economics.”

Since FreeWire acquired Mobilyze.ai in December of 2022, the company has developed several new features on the platform, one of which is a profitability calculator designed to predict operating costs and cash flow. This feature is powered by two key technical advances: a utilization prediction engine and a tariff recommendation engine.

Utilization prediction analyzes charging activity data from thousands of existing public charging locations and correlates this data with EV drivers’ travel patterns, demographics and vehicle ownership to predict how many sessions per day will occur at new charging locations.

The tariff recommendation engine allows site hosts to quantify the impact of installing fast charging on their utility bills and identify the best utility tariff for their site.

“Together, these new tools enable site hosts and retailers to compare and rank thousands of locations at a time, allowing them to strategically identify the sites that will drive the highest utilization and best returns,” says the company.  

The metrics produced by Mobilyze Pro give site hosts an estimate of the operational cost, which can be used with FreeWire’s new Charging Location Analysis and Incentive Management (CLAIM) service to identify available federal, state and utility incentives.

Mobilyze Pro will be offered to site hosts in the US and four Canadian provinces in Q1 of 2024. The company will present a live product overview at the upcoming NACS show in Atlanta.

Source: FreeWire Technologies

This article was originally published by Chargedevs.com. Read the original article here.
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