Dublin-based Cubic Telecom has been selected as the connectivity provider for electric vehicle (EV) manufacturer e.GO Mobile AG.
Cubic Telecom will provide a specialised electric vehicle (EV) connectivity solution to e.GO for its fleet in European urban areas.
e.GO Mobile will launch its e.GO Life model in 2019 with connectivity powered by Cubic Telecom’s PACE platform. PACE includes real-time monitoring and remote management functions, as well as synchronising information in real-time from car to the owner.
The solution allows the monitoring of components such as battery levels, telematics and available locations for charging stations. The PACE solution is already used in 2 million cars worldwide. According to P&S Intelligence, the global connected car market is projected to reach $156.1 billion (€137 million) by 2023.
Last year for the first time, global sales of new electric vehicles (EVs) passed a million units, according to McKinsey’s Electric Vehicle Index. Under the current growth trajectory, EV producers could almost quadruple that by 2020, moving 4.5 million units – around 5% of the overall global light-vehicle market.
Driving connected e-mobility
“Electric vehicles are set to secure a strong foot-hold in the future of driving. e.GO is forward-thinking and it is exciting to be part of the innovation involved in delivering such a sustainable solution to the market” said Barry Napier, CEO of Cubic Telecom.
“The Cubic Telecom team has greatly appreciated working with e.GO’s scientific expertise and state-of-the-art electric technology. This project further expands our integration capabilities, demonstrating the diversity of Cubic Telecom’s PACE platform solution.”
Professor Gunther Schuh, CEO of e.GO Mobile AG added, “By using Cubic Telecom’s new connected EV solution in our e.GO Life models, together we are driving progress towards offering always-connected e-mobility for environmentally-conscious drivers. EVs are set to become easier to maintain and cheaper to run in the long-term. As infrastructure grows to support EVs, benefits such as these are only set to increase.”
Cubic Telecom is privately held with over €75 million in funding from companies including Audi Electronics Venture GmbH, Qualcomm, Valid, Enterprise Ireland and the Ireland Strategic Investment Fund. It also works with Audi, Panasonic and Volkswagen, among others.