Auto Futurecast

• Is Your Car Insurance Fair? Telematics & AI Could Be The Solution

  Ever feel like you're overpaying for car insurance based on outdated factors like your age or postcode? Traditional insurance models rely on static data and general assumptions about your risk.What if your premium was based on how you actually drive? That’s where telematics comes in, using real-time driving data to offer fairer pricing.What is Telematics?Telematics is a game-changer. Instead of old-school factors, it tracks real driving habits like:MileageBraking patternsAccelerationThis allows insurers to match your premium to your driving style.The Power of Real-Time DataModern telematics systems, powered by AI and massive datasets, go beyond "black boxes" to offer dynamic risk assessment. For example:Octo Telematics manages data from 95 billion trips, 13 million crashes, and 600 billion kilometres of driving.This scale of data enables fairer, more accurate pricing.Benefits of Telematics1. Fairer PremiumsTelematics adjusts based on actual driving, not outdated assumptions.Example: During the pandemic, telematics users saw reduced premiums as mileage dropped.2. Rewards Safe DriversIf you're a careful driver, telematics highlights your good habits and helps you save money.Global Use of TelematicsUK: Popular with young drivers to reduce high premiums.Italy: Focused on fraud prevention and theft recovery.US: Encourages safe driving through gamification.The Future of TelematicsAs autonomous vehicles become common, telematics will play a key role in:Determining fault in accidents involving self-driving and human-driven cars.Managing risk in complex driving environments.Challenges to AdoptionBetter Hardware: Shift from clunky black boxes to built-in car systems (OEM data).Updated Regulations: Laws need to reflect modern driving and vehicle capabilities.Data Transparency: Drivers should control their data and use it for better services.Telematics is transforming car insurance, making it fairer and more personalised. Are you ready for the shift?

  --------  

  46:57

  --------

  46:57
• Fleets Are Switching To EVs Fast - Don't Let Your Business Fall Behind

  The transition to electric vehicles (EVs) isn’t limited to passenger cars—it’s rapidly reshaping commercial fleets, from delivery vans to supermarket lorries. While electrifying fleets comes with challenges, it also unlocks significant opportunities.Ian Dennis, Head of EV Fleet at Zenobe, recently shared his insights on Auto Futurecast, explaining why now is the time to act. Here’s what we learned from his expertise.Key Takeaways from Zenobe's Ian Dennis1. Depot Charging Is EssentialFor most fleets, depot charging remains the most cost-effective option, offering electricity rates as low as 15p per kWh, compared to 89p at public chargers. However, grid connection issues can complicate implementation. Solutions like shared charging hubs, where multiple operators share infrastructure, are already being trialled by Zenobe in Australia.2. Operational Changes Are KeySwitching to EVs requires a shift in mindset. Instead of the traditional “fill up and go” model, operators must optimise mandatory rest breaks for opportunity charging. This shift relies on adopting a data-driven approach to managing routes and energy use efficiently.3. Second-Life Batteries Offer New OpportunitiesUsed EV batteries still hold significant capacity and can be refurbished for second-life uses, such as powering shuttle buses or construction sites. Zenobe is working to establish a circular economy for batteries, aiming to recycle up to 98-99% of their materials.4. The Market Is Shifting QuicklyEarly adopters like Amazon are already scaling their electric fleets, driven by lower fuel and maintenance costs. With growing demand for zero-emission logistics, businesses delaying electrification risk falling behind. Zenobe advises: start small, think big, and scale fast.5. Don’t Wait for PerfectionFuture solutions like megawatt charging and hydrogen technologies may be promising, but operators should focus on what’s achievable today. Start with vehicles like vans and rigid trucks up to 18 tonnes that return to a depot daily. With 2035/2040 deadlines approaching, now is the time to gain experience and adapt.The Importance of Fleet ElectrificationElectrifying fleets isn’t just about replacing diesel vehicles—it’s about overhauling the entire logistics system. Early adopters will benefit from lower costs, reduced emissions, and a competitive edge.The shift to EVs is well underway. The real question isn’t if your fleet should electrify, but how and when.Catch the full episode with Ian Dennis on Spotify, Apple, or YouTube to learn more about the future of fleet electrification.

  --------  

  49:09

  --------

  49:09
• From Spark to Scale: The Rightcharge Start-Up Story

  Charlie Cook, founder of Rightcharge, shared his journey from civil engineering graduate to climate-tech entrepreneur on Auto Futurecast. Inspired by his passion to combat climate change, Charlie transitioned from Octopus Energy, where he launched the UK’s first EV-specific energy tariff, to building Rightcharge, a platform simplifying EV ownership.The Rightcharge PivotInitially a home charge point marketplace, Rightcharge faced challenges by 2023. A pivotal shift to fleet payment solutions redefined the business, streamlining public charging payments and automating home charging reimbursements for EV fleets. Major clients like The AA now rely on Rightcharge to meet sustainability goals.Building MomentumWith 60% of UK EVs owned by businesses, Rightcharge’s services are vital for reducing costs and tracking emissions. Now expanding to four European markets, the company is addressing a market five times the size of the UK.Lessons for FoundersCharlie’s advice for entrepreneurs: Validate ideas, embrace pivots, structure fundraising around clear goals, and explore international markets. His journey shows how scalable innovation can drive sustainability.Stay UpdatedCatch new episodes of Auto Futurecast every two weeks. Subscribe on YouTube or your favourite podcast platform to stay in the loop!

  --------  

  41:34

  --------

  41:34
• Inside Scania FS: Balancing AI Ambition & EV Reality

  The automotive industry is at a turning point, driven by Electric Vehicles (EVs), AI advancements, and economic pressures reshaping the transport sector. Karima Haji, Managing Director at Scania Financial Services joins the latest Auto Futurecast podcast to share how Scania FS navigates these challenges while keeping customer needs front and center.Key TakeawaysAI: A Tool, Not a ReplacementStreamlining operations: AI is transforming credit and risk management and simplifying documentation.Retaining the human touch: Scania ensures personalised customer support remains central to building trust and maintaining relationships.Driving EV Adoption: The Role of PolicyCost barriers: Commercial EV adoption can be expensive, making government subsidies vital.Policy support: Initiatives like the Zero Emission Vehicle (ZEV) mandate give businesses confidence to invest in EV infrastructure.Clear guidance: Scania FS highlights the importance of stable policies to accelerate EV adoption.Supporting Customers Through Economic UncertaintyTailored solutions: Scania FS offers flexible financial and operational support, recognising every customer's unique journey towards electrification.Overcoming barriers: Helping operators navigate challenges and focus on sustainable growth.Innovation Meets StabilityBalancing technology and expertise: Scania combines cutting-edge tools with a commitment to strong customer relationships.Sustainable success: A clear roadmap driven by innovation and financial stability ensures long-term industry growth.Redefining Transport for a Sustainable FutureWith a focus on innovation, policy support, and customer-centric solutions, Scania FS is setting a new standard for a greener, more efficient transport industry.New episodes every two weeks!Subscribe to stay updated in the latest automotive innovation. All episodes can be watched on our Youtube channel.Youtube: https://www.youtube.com/@autofuturecast 

  --------  

  31:17

  --------

  31:17
• Start Small, Think Big: The Future of UK Gigafactories

  In our latest episode, we spoke with Nikki Rimmington, a strategy expert from battery cell start-up Volklec, about UK gigafactory developments.With experience at Jaguar Land Rover and Aston Martin, Nikki shared insights into the UK's electrification journey. We discussed challenges and opportunities in battery production, localised supply chains, and how start-ups like Volklec compete in this industry.What is Volklec?Volklec is a UK start-up aiming to become the country's only independent battery cell manufacturer. While larger projects like Agratas and AESC target high-volume production, Volklec focuses on specialised markets beyond automotive.Who Does Volklec Serve?Volklec caters to niche markets that struggle to attract large-scale suppliers:High-performance, low-volume automotiveAerospace (drone batteries)Defence (land and aerospace vehicles)Off-highway vehiclesRail, marine, medical technology, and roboticsA "Start Small, Think Big" ApproachVolklec builds capabilities and customer relationships gradually, learning from challenges faced by other European battery projects. This reduces risks associated with large-scale ventures.Key PartnershipsPartnerships are central to Volklec's strategy:UK Battery Industrialisation Centre (UKBIC): Volklec uses UKBIC's Coventry facility to produce cells without upfront factory capital.Far East Battery (FEB): Partnering with this Chinese battery company provides proven technology and reduces customer risk.Gigafactory ChallengesLocation FactorsSkilled Workforce: Proximity to manufacturing hubs like the Midlands provides advantagesEnergy Infrastructure: Gigafactories require robust power and renewable energy plansCommunity Engagement: Poor local relations can cause delays, as seen with Tesla's Berlin factoryOperational HurdlesInvestment: Securing funding requires clear plans and proven demandProduct Focus: Factories must align with specific chemistries and formatsValley of Death: Bridging the gap between ideas and market-ready productsThe Battery EcosystemRecycling ChallengesEU regulations require increased recycled content, but batteries are lasting longer than expected, creating supply shortfalls for recycling. Innovations like replacing individual cells instead of entire modules could extend lifespans further.Government SupportThe UK government supports batteries through investment zones and funding bodies like the Advanced Propulsion Centre. However, demand remains the biggest barrier—the UK's smaller market needs critical mass to drive investment and strengthen supply chains.Looking to 2030For the UK battery sector to thrive, Nikki envisions:Stronger demand across industriesRenewed investor confidenceRobust ecosystem from raw materials to recyclingStay ConnectedSubscribe and follow for new episodes every two weeks covering automotive innovation.

  --------  

  44:36

  --------

  44:36

Weitere Wirtschaft Podcasts

Trending Wirtschaft Podcasts

Über Auto Futurecast

Auto Futurecast: Zugehörige Podcasts