German automaker Porsche and investor UP. The partners launched Sensigo, a California-based startup that uses AI to help vehicle service technicians diagnose, solve, and ultimately predict repair issues.
Sensing believes its AI-powered service platform and tools can improve the repair process for customers and technicians, while increasing service center profitability, reducing repair costs, and minimizing warranty risk. states that it can be done.
The company is the second of six mobility startups that Porsche will launch together with UP.Partners over the next three years. UP.Partners is a Santa Monica company that invests in and builds mobility companies through its affiliates UP.Ventures and UP.Labs.
partner. The first startup, Pull Systems, announced in March, manages battery performance in electric vehicles.
In addition to Porsche, UP’s investment partners include Toyota Motor Corporation’s (7203.T) Woven Capital, Alaska Airlines Group (ALK.N) and ARK Invest. Portfolio companies include his aviation startup Skydio and Beta Technologies.
It’s up. Partners released the 2023 Moving World Report in February. The report says that unless governments and industry address and resolve the issue, automakers may not be able to build as many electric vehicles as they would like, and consumer demand for those vehicles will not be as strong as expected. He says it may not happen soon.
One of the macro trends mentioned in the study was the impending shortage of battery raw materials, among other obstacles, noting that government orders could be “inconsistent with manufacturing realities.”
The 120-page report cited continued disruptions to global supply chains, a lack of vehicle charging infrastructure, and an overloaded power grid as obstacles to accelerating EV production and demand in the United States. said.
