Acentrik and Durapower Sign MOU to Enhance EV and Battery Data Ecosystem

MOU formalized at a joint event in Singapore. From L to R: Srikanth Kaja, General Manager of Mercedes-Benz Singapore, Centre of Excellence Web3 and Acentrik; Sanjay Bakshi, Group Director, Digital & Innovation, Durapower Group.

This partnership leverages Acentrik’s technology to establish a robust data exchange framework within Durapower’s broader ecosystem of battery remote monitoring, charging management, Battery-as-a-Service and Mobility-as-a-Service (BaaS/MaaS) solutions. The initiative underscores both companies’ dedication to advancing data-driven solutions in the EV and battery space.

The collaboration between Acentrik and Durapower will focus on:

• Creating a collaborative data ecosystem for secure and efficient data sharing among Durapower’s partners and OEMs.
• Utilising Acentrik’s privacy-preserving features for handling sensitive EV and battery data.
• Enhancing data analytics capabilities to optimise Durapower’s BaaS and MaaS operations.

The integration of Acentrik’s solutions with Durapower’s platforms marks a pivotal shift towards streamlined energy management and sophisticated data integration, optimising Durapower’s vision to democratise renewable energy ecosystem data through software data platforms for battery and charger management, and also through asset leasing business models like BaaS and MaaS.

This strategic collaboration enhances secure, enterprise-level data exchange among key stakeholders, fostering a robust ecosystem for value creation and solidifying Durapower’s innovative business model. Acentrik’s focus on data privacy and compliance will be critical for data exchange across diverse platforms and organisations, considering Durapower’s global presence. By leveraging Acentrik’s Compute-to-Data technology, Durapower is poised to lead in energy management innovation, expand its market influence through strategic partnerships, and achieve sustainable growth, underscoring the critical role of data in establishing market leadership and differentiation in the energy sector.

Looking ahead, Durapower plans to expand its collaboration with Acentrik through strategic initiatives to partner with Mercedes-Benz products and services, such as white-label deployment of Acentrik’s platform and consortium building to foster broader collaboration across the EV and battery ecosystem. These forward-looking plans aim not only to further integrate and harness data for driving innovation and efficiency in Durapower’s operations but also to explore innovative strategies for monetizing battery data.