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Motive completed the acquisition of InceptEV from Carnegie Mellon University

Synopsis

Motive, an AI-powered integrated operations platform, completed the acquisition of InceptEV, a software startup that uses advanced battery intelligence with machine learning to help companies make smarter electric vehicle investment decisions, from Carnegie Mellon University, a private, global research university. Financial terms were not disclosed. "Integrating InceptEV’s battery intelligence into Motive’s platform will give companies greater control with personalized insights to understand how their EV fleet will actually perform in the real world," Venkat Viswanathan, InceptEV Co-Founder.

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