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An AI hydrogen solution to enhance EV charging stations

Market News, Technology
CSE:VPN
18 May 2023 09:15 (EDT)

VPN Technologies’ (CSE:VPN) is looking to enhance electric vehicle (EV) charging stations.

Through its subsidiary, Greentech Hydrogen Innovations, VPN will apply its hydrogen monitoring and distribution platform to other energy related sources including electric vehicle (EV) charging stations.

Its AI Software-as-a-Service solution can enable monitoring and management of EV charging stations. This technology utilizes advanced algorithms and real-time data analysis to monitor various aspects of EV charging stations. It provides an overview of charging station availability, usage patterns, energy consumption, maintenance requirements, and load balancing which saves money and energy.

By leveraging AI and ML capabilities, the system is designed to optimize the performance of charging stations and improve the overall charging experience for EV owners.

This is meant to ensure the hydrogen is delivered in the correct quantities, times, and locations. These goals are achieved by using real-time data collection and analysis provided by the sensors.

“We are electrified to expand our software technology to cater to the rapidly growing electric vehicle market,” said Paul Dickson, CEO. “We aim to address the challenges associated with monitoring and managing EV charging stations effectively. By providing real-time insights and proactive maintenance alerts, we strive to enhance the charging infrastructure, promote electric mobility, and contribute to a sustainable future.”

VPN Technologies (VPN) opened trading at $0.15 per share.

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