industries improve efficiencies , and in the case of transport and logistics , 5G linked with IoT will cut energy use . Sensors placed in transportation networks and beyond will monitor and analyse their energy needs and consumption in real time and automatically optimise energy use ,” explained Aliaksandr Kuushynau , Head of the Wialon platform at Gurtam .
Smart vehicles and the drive towards supply chain 4.0 Fleet managers and supply chain managers across the world are considering making the switch to EVs and smart vehicles . While that requires significant investment , the short-term costs are easily outweighed by the savings and efficiencies enabled over time .
“ We tend to think that electric vehicles are more expensive than cars , but that ' s not true . You have a lot of cheap options on the market ,” said Miguel Valldecabres Polop , the Chief Executive of EV Dynamics .
And , as the world ’ s fuel prices continue to rise , the payoff time for an electric vehicle reduces in parallel .
“ Logistics companies ’ cost-margins run a fine line between being profitable and making a loss , particularly in the current economic environment , with fuel prices across the USA , increasing by 75 % in 2022 . Therefore , having the ability to accurately calculate fuel-use before the fact and track potential pain-points – such as where fuel is being used inefficiently – has never been more important ,” Kuushynau explained .
“ 5G technology , when used for route monitoring and optimisation , can greatly help improve fuel economy , beyond mere fuel monitoring . Unlike when 3G tech was widespread , this can now be done in real-
96 November 2022