Car connected to DC power has raised €2.1 million ($2.29 million) for its artificial intelligence (AI)-based remote vehicle diagnostics offering.
The seed financing round, announced last week in a post on the German company’s blog, DC Connected Car will help develop AI diagnostic tools for roadside assistance, warranty and repair.
“AI has the potential to revolutionize various automotive sectors in which Borusan operates, such as aftersales, fleets and the used car business,” said Timo Kilp, whose Borusan Ventures participated in the financing round.
“We believe DC Connected’s AI-powered digital technician shows promise in speeding up the diagnosis and repair of vehicle problems, further improving our customer service.”
According to the blog post, DC Connected Car offers a virtual technician platform aims to loosen Skilled labor shortage in the automotive industry.
“Unlike traditional diagnostic systems, their AI-driven solution delivers automated, intelligent insights into vehicle health and performance and provides real-time troubleshooting recommendations,” the post says.
“This approach not only minimizes the need for physical inspections and repairs, but also integrates seamlessly into customers’ lives by providing remote support.”
The financing round comes at once when AI unleashes potential throughout the automotive industryas PYMNTS wrote last month.
“The technology has the ability the sector in the areas of vehicle design, manufacturing and And customer experience,” the report says.
“Through rapid design iterations, virtual testing And By optimizing manufacturing processes, generative AI could significantly reduce time to market. It can also improve personalization, improve security features And support the development of autonomous vehicles.”
However, this report states: widespread The introduction brings its challenges, such as accurately predicting performance metrics and ensuring the manufacturability of AI-generated designs, as well as the need to ethical and regulatory environment around the privacy and security concerns of the technology.
AI is also helping to transform the car buying and selling experience. Steven SilverManaging DirectorautomobileTransport & Mobility for Publicis Sapient And Publicis Groupsaid PYMNTS in an interview earlier this year.
“Currently, numerous companies Exploring the potential of AI to improve their operations,” Silver said. “Once integrated and scaled, AI will have a profound impact on the mobility industry. However, business leaders must be willing to embrace AI experimentation. It’s important to seize the opportunity now rather than waiting for perfection and mass adoption.”
He told PYMNTS that he sees two ways AI can improve the customer experience: predictive maintenance and in-vehicle personalization. It can also remove friction in the car buying process by providing dealers with data on market behavior based on buying patterns across a range of data points.
