Optimizing E-Mobility Solutions for a U.S.-Based Transportation Conglomerate
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June 11, 2024
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A transportation conglomerate needed a machine learning solution to forecast charging demand for its electric vehicle fleet at specific times and locations. FTI Consulting was engaged to develop a model simulating driving behavior and suggest locations for future infrastructure.
Our Impact
- Our professionals developed advanced simulation and optimization algorithms to identify the best locations for new stations and forecast demand at various points in time.
- Our team developed an interactive web app allowing the client to access and download the results of the model and generate usage and demand scenarios.
- The client utilized our team’s insights to carefully design and optimize their energy supply strategy and pinpoint prime locations for future charging stations.
Our Role
- FTI Consulting professionals analyzed more than four million journeys made by partner-drivers to understand current hotspots and congregations of drivers, examining preferences, driving and charging behaviors.
- FTI Consulting relied on a mix of advanced statistical analysis, machine learning techniques and expert input to optimize supply, boost charging speeds and forecast demand.
Published
June 11, 2024
Key Contacts
Senior Managing Director, Global Head of Data Science
Senior Director
Senior Director