1) Electric vehicle and car sharing services:
The emergence of on demand transportation such as Uber and China’s equivalent Didi has been accompanied by a lesser known but equally important trend, rental car sharing. A total of 37 rental car sharing companies have been established across China with 30,000 electric vehicles in operation. To embrace this segment of transportation, FutureMove has launched DreamMove, an EV monitoring platform that provides core functions for electric vehicle providers including:
- Smart terminal vehicle control; to update available cars in service, optimize pickup times and match supply and demand.
- Location based processing of user queries through a mobile app.
- App for users to identify different mobility use cases.
- Demand prediction and scheduling management.
- Identify the optimal route given traffic and match supply demand and load re-balancing.
OEM Telematics Solutions:
Of course, most car manufacturers including Ford, BMW and Citroen have developed their own telematics platforms, but FutureMove is augmenting its core telematics offering to these OEM’s with additional products including:
- JoyMove provides telematics support such as upgrade delivery, redundant system provision and ongoing maintenance for car manufacturers and mobility providers including governments and OEMs.
- CyberMove is a Human Machine Interface (HMI) that presents navigation, real-time traffic, voice command response, voice initiated car status, and e-call assistance functionality to drivers. Additionally, as cyber security will be a major challenge for autonomous and semi-autonomous vehicles, CyberMove enhances the OEM’s telematic security protocols through the use of private clouds.
Founder – CEO John Wang
John founded FutureMove in 2015 having spent 20 years working on telematics global telematics programs including QorosQloud, Volkswagon, Ford Sync, Lincoln, Renault and Honda. His cross functional experience at various early telematics pioneers has allowed the FutureMove team to develop a cross functional platform that is upwards compatible with auto OEM’s existing
COO – Cai Tong
Cai is leading FutureMove’s hardware and security efforts. With a background at Sun Microsystems, Oracle and HP, Cai’s ability to imbue security into a white label solution is a crucial component in the FutureMove offering as cyber security is already presenting itself as an issue for autonomous transportation.
Timon Tan – EVP – Telematics
Responsibe for FutureMove’s core telematics operation, Timon previously lead the implementation and operation management of BMW’s ConnectedDrive, QorosQloud, in addition to telematics efforts at Volvo and Jaguar Land Rover.
Leon Yang – CTO
Leon is responsible for software development at FutureMove. FutureMove’s architecture spans both hardware and software and can integrate into an OEM’s existing telematics software. Leon oversees this crucial process and previously held roles at Oracle, Accenture, HP and Hitatchi.
Unlike many telematic startups, the FutureMove team is combining technical expertise with legacy industry experience to allow it to work with a range of OEM’s as opposed to relying on a single channel, which has hindered other white label telematics providers.
Ultimately, connected mobility is being ushered in fast to relieve China’s congested roads and cities. This need to embrace telematics is only heightened by the fact that China has committed to eliminating internal combustion engines by 2040, with electric vehicles and urban mobility services at the forefront of this transition. Amidst this, startups such as FutureMove are providing a blueprint for insurers seeking to establish themselves in this new era of transportation.