EDP invests €500,000 to develop Fuelsave solution

September 6, 2019 Read time: 1 min

Energy company EDP has invested €500,000 in Portuguese start-up Fuelsave to help truck drivers save fuel, which it claims takes up 40% of transport companies’ budgets.

Fuelsave is developing a solution that is expected to optimise truck driving and save up to 20% on fuel. It collects and analyses electronic data from each truck to help understand the different driving parameters that impact fuel consumption.

Luís Manuel, administrator of EDP, says: "The transport sector still has too much weight in CO2 emissions, and freight is a big part of this problem. We believe that development of smart driving solutions that significantly reduce fossil fuel consumption is part of the future.”

Looking ahead, EDP intends to help autonomous driving companies develop technologies more safely using the Fuelsave platform.

Location Based Systems

Related Content

  • Aimsun takes part in driver data study to improve C/AVs
    November 14, 2018
    Aimsun is taking part in a UK study which is using human driver data to help improve the performance and acceptability of connected and autonomous vehicles (C/AVs). The one-year project, Learning through Ambient Driving Styles for Autonomous Vehicles (LAMBDA-V), will also look at how driver behaviour can be analysed and used to accelerate the adoption of C/AVs. Aimsun says new rules for safer and more efficient driving behaviour could be created from existing vehicles, based on road laws and on how h
    Read More
  • V2X: The design challenges
    May 2, 2018
    The connected future throws up a number of enticing possibilities for us all. But, says Houman Zarrinkoub of MathWorks, issues around visualisation, prototyping and model evolution need to be examined carefully. We are all aware of the huge amount of investment going into driverless car technologies. With the likes of Volvo, Tesla and BMW getting in on the act, soon they will be a common sight on our roads. However, for this to occur, the vehicles must be able to connect with each other and ensure driver
    Read More
  • Groups seek electronic collision alert devices on big trucks
    February 20, 2015
    The US Advocates for Highway and Auto Safety, the Truck Safety Coalition, the Center for Auto Safety and Road Safe America have filed a petition with the National Highway Traffic Safety Administration (NHTSA) requesting that the agency initiate rulemaking to require forward collision avoidance and mitigation braking (F-CAM) systems on all new large trucks and buses with a gross vehicle weight rating (GVWR) of 10,000 pounds or more. F-CAM technology uses radar and sensors to first alert the driver and then t
    Read More
  • Modelling MaaS and making it happen
    June 15, 2017
    Colin Sowman looks at some of the emerging technology being introduced to evaluate and operate Mobility as a Service. The fast-growing interest in Mobility-as-a-Service (MaaS) has prompted the creation of a host of software systems for those wanting to become a MaaS provider or participate in MaaS offerings. Most recently, at ITS International’s MaaS Market conference, Portuguese company Brisa Innovation announced a name change to A-to-Be to reflect its increasing involvement in the MaaS sector with the lau
    Read More

Highlighted Content