Latest news with #TÜVSÜD
Yahoo
11 hours ago
- Automotive
- Yahoo
Europe Electric Vehicle Battery Testing, Inspection, and Certification Industry Report 2025: Market to Hit $2.21 Billion by 2034 - Expanding Second-Life Applications and Recycling of EV Batteries
The Europe EV battery testing, inspection, and certification market is expected to surge from $410.9 million in 2024 to $2.21 billion by 2034, with a robust CAGR of 18.33%. Key growth drivers include stringent EU regulations, increased EV adoption, and advances in testing technology. Comprehensive testing mitigates risks such as thermal runaway and capacity fade, ensuring battery safety and compliance. The market's expansion is bolstered by EU incentives and sustainability goals, with a focus on regulatory standards and innovative technologies like AI diagnostics and digital twins, enhancing accuracy and efficiency. Key players include DEKRA SE and TÜV SÜD. European Electric Vehicle Battery Testing, Inspection, and Certification Market Dublin, June 23, 2025 (GLOBE NEWSWIRE) -- The "Europe Electric Vehicle Battery Testing, Inspection, and Certification Market: Focus on Vehicle Type, Stage Type, Service Type, Propulsion Type, Battery Type, Testing Parameter Type, Sourcing Type, and Country-Level Analysis - Analysis and Forecast, 2024-2034" report has been added to Europe EV battery testing, inspection, and certification market is projected to reach $2.21 billion by 2034 from $410.9 million in 2024, growing at a CAGR of 18.33% during the forecast period 2024-2034. Strict national and EU battery restrictions, the growing popularity of electric vehicles, and ongoing testing technology advancements are the main drivers of Europe's industry expansion. By reducing hazards like thermal runaway, capacity fade, and performance loss, thorough testing, inspection, and certification services verify EV battery safety, dependability, and regulatory compliance. Market expansion is further accelerated by EU incentives and sustainability goals. The market for EV battery testing, inspection, and certification has grown significantly in Europe as a result of stricter EU laws and a rise in the use of electric vehicles. Under frameworks such as the EU Battery Regulation, UN 38.3, and CE marking, services include environmental stress screening, safety and abuse protocols (including thermal runaway and short-circuit tests), performance testing at the cell and pack level, lifecycle and capacity retention analysis, and type-approval laboratory authorisations and ISO 17025 accreditation guarantee uniformity and legitimacy throughout Europe's testing infrastructure. Digital twin modelling, AI-powered diagnostics, high-throughput automated rigs, and sophisticated calorimetry are examples of technological advancements that have improved throughput, accuracy, and cost-efficiency. On-site gigafactory labs and specialised contract-testing networks are expanding because to increased government incentives for local battery manufacture and circular economy Equipment Manufacturers (OEMs) and Tier 1 suppliers are reducing logistical risks and meeting strict type-approval schedules by striking a balance between partnerships and in-house facility investments. The expanding market for second-life batteries increases the need for repurposing certificates, grading procedures, and state-of-health evaluations. With Europe's strong EV rollout plans, stricter safety regulations, and strategic push for battery sovereignty, the market is expected to grow at a double-digit CAGR through the late 2020s despite obstacles like high capital requirements for sophisticated equipment, changing test standards, and a shortage of skilled can this report add value to an organization?This report provides invaluable insights into the Europe EV battery testing, inspection, and certification market, equipping organizations with the knowledge needed for strategic decision-making and market forecasting. It comprehensively analyzes emerging technologies, regulatory shifts, and competitive dynamics, helping businesses identify growth opportunities and align their offerings with evolving industry needs. Additionally, the report provides an in-depth examination of key market players, their strategies, and business models, enabling organizations to stay ahead in a competitive and compliance insights are also covered, offering a detailed assessment of international testing standards, safety regulations, and sustainability initiatives to ensure market readiness. Furthermore, regional and segmentation analyses shed light on growth patterns, challenges, and opportunities across different markets, supporting targeted market entry and expansion strategies. By leveraging the findings of this report, businesses can drive innovation, enhance operational efficiency, and secure a competitive advantage in the evolving EV battery testing and certification landscape. Europe Electric Vehicle Battery Testing, Inspection, and Certification Market Trends, Drivers and Challenges Trends Harmonization of safety and performance protocols under the EU Battery Regulation, CE-marking and UN 38.3 to streamline certification. Deployment of AI-driven diagnostics, digital-twin simulations and high-throughput automated testing rigs. Expansion of on-site testing capacity at gigafactories alongside contract-lab networks to reduce lead times. Specialized thermal-management and abuse-testing services for next-gen chemistries and fast-charging use cases. Drivers Stringent EU and national regulations mandating rigorous testing, inspection and certification for safety, performance and environmental compliance. Rapid EV adoption in Europe, prompting OEMs and Tier-1 suppliers to invest in in-house and outsourced testing to meet approval timelines. Advances in battery materials and pack designs increasing demand for electrical, mechanical, thermal and safety-abuse testing. EU strategic focus on battery sovereignty, driving local investment in testing infrastructure and accreditation bodies. Challenges High capital and operational costs for advanced testing equipment and limited availability of skilled lab personnel. Rapidly evolving regulatory landscape requiring frequent updates to test protocols and certification criteria. Fragmented national accreditation schemes and data-sovereignty rules complicating cross-border service delivery. Limited second-life and recycling infrastructure, creating gaps in inspection and certification for repurposed batteries. Key Market Players and Competition Synopsis DEKRA SE TUV SUD SGS Societe Generale de Surveillance SA Applus+ Bureau Veritas Intertek Group plc TUV Rheinland VDE Renewables GmbH TUV NORD GROUP DNV GL Element Materials Technology Key Attributes: Report Attribute Details No. of Pages 131 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $410.9 Million Forecasted Market Value (USD) by 2034 $2210 Million Compound Annual Growth Rate 18.3% Regions Covered Europe Key Topics Covered: Executive SummaryScope and Definition1 Market: Industry Outlook1.1 Trends: Current and Future Impact Assessment1.1.1 Adoption of Digital Twins in Battery Testing1.1.2 Wireless and Automated Testing Systems1.1.3 AI and Machine Learning in Battery Testing1.1.4 Blockchain for Transparent Certification and Testing1.1.5 Automation and Robotics in Battery Inspection1.1.6 Advanced Material Testing for Next-Gen EV Batteries1.1.7 Innovations in Simulation and Predictive Analytics for Battery Certification1.1.8 Testing of Second-Life Batteries and Recycling Applications1.2 Supply Chain Overview1.2.1 Key Stakeholders1.2.1.1 Raw Material Testing1.2.1.2 Battery Manufacturing and Integration1.2.1.3 Testing and Certification Service Providers1.2.1.4 End-Use Industries1.2.2 Value Chain Analysis1.2.3 Pricing Forecast1.3 Research and Development Review1.3.1 Patent Filing Trend (by Country and Company)1.4 Regulatory Landscape1.5 Services Overview1.5.1 Testing1.5.1.1 Performance Testing1.5.1.2 Durability Testing1.5.1.3 Electrical Testing1.5.1.4 Thermal Testing1.5.1.5 Abuse and Crash Testing1.5.1.6 Non-Destructive Testing (NDT)1.5.2 Inspection1.5.2.1 Visual Inspection1.5.2.2 Safety Inspection1.5.2.3 Quality Control Inspection1.5.3 Certification1.5.3.1 Product Certification (ISO, IEC)1.5.3.2 Safety and Compliance Certification1.5.3.3 Environmental Certification (RoHS, WEEE)1.5.3.4 Regulatory Certification1.6 Impact of COVID-19 on the Industry1.7 Market Dynamics Overview1.7.1 Market Drivers1.7.1.1 Rising Electric Car Sales Accelerating Demand for Reliable and Certified Batteries1.7.1.2 Growing Emphasis on Safety Standards for EV Batteries1.7.2 Market Challenges1.7.2.1 High Costs of Advanced EV Battery Testing Equipment and Facilities1.7.2.2 Lack of Standardized Testing and Certification Requirements for EV Batteries across Markets1.7.3 Market Opportunities1.7.3.1 Increasing Development of Next-Generation EV Batteries1.7.3.2 Expanding Market for Second-Life Applications and Recycling of EV Batteries2 Regions2.1 Regional Summary2.2 Europe2.2.1 Regional Overview2.2.2 Driving Factors for Market Growth2.2.3 Factors Challenging the Market2.2.3.1 Application2.2.3.2 Product2.2.4 Germany2.2.4.1 Application2.2.4.2 Product2.2.5 France2.2.5.1 Application2.2.5.2 Product2.2.6 U.K.2.2.6.1 Application2.2.6.2 Product2.2.7 Spain2.2.7.1 Application2.2.7.2 Product2.2.8 Sweden2.2.8.1 Application2.2.8.2 Product2.2.9 Poland2.2.9.1 Application2.2.9.2 Product2.2.10 Rest-of-Europe2.2.10.1 Application2.2.10.2 Product3 Markets - Competitive Landscaped and Companies Profiled3.1 Next Frontiers3.2 Geographical Assessment3.3 Competitive Landscape3.4 Company Profiles3.4.1 Overview3.4.2 Top Products/Product Portfolio3.4.3 Top Competitors3.4.4 Target Customers/End-Use Industries3.4.5 Key Personnel3.4.6 Analyst View3.4.7 Market Share, 20234 Research Methodology4.1 Data Sources4.1.1 Primary Data Sources4.1.2 Secondary Data Sources4.1.3 Data Triangulation4.2 Market Estimation and Forecast For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment European Electric Vehicle Battery Testing, Inspection, and Certification Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Korea Herald
12 hours ago
- Business
- Korea Herald
Huawei Digital Power Hosts the Grid Forming & ESS Safety Forum for Innovative Business Strategies and Safety Ecosystem
SHANGHAI, June 23, 2025 /PRNewswire/ -- On June 12, 2025, Huawei Digital Power held the Grid Forming & Energy Storage System (ESS) Safety Forum in Shanghai, inviting customers, partners, insurance companies, and certification organizations from the PV and ESS industry to discuss and share insights on the development trends and applications of grid-forming technology, business practices, and ESS safety ecosystem construction. At the forum, Huawei Digital Power, along with customers, partners, insurance companies, and certification organizations, launched the ESS Safety Initiative to elevate ESS safety to new heights. Steven Zhou, President of the Smart PV & ESS Product Line at Huawei Digital Power, delivered the opening speech. He stated that with the advancement of the global energy transition, the ESS is playing a crucial role in supporting the large-scale integration of renewable energy into the grid and ensuring stable grid operations, presenting both unprecedented opportunities and challenges. A grid-forming ESS, with its excellent grid-supporting capability, has become a cutting-edge and popular technology. Moreover, ESS safety is the top priority for the sustainable development of the industry. Huawei Digital Power has just launched the brand-new FusionSolar 9.0 Smart PV+ESS solution, promoting grid-forming technology from ESS to PV+ESS and across all scenarios, thereby achieving comprehensive applications. Adhering to high safety standards is key to maintaining grid stability. Huawei Digital Power proposes four safety standards: non-flammable, non-explosive, non-spreading, and non-harmful. The cell-to-grid safety design improves system reliability. Huawei will continue to innovate and collaborate with customers, partners, and industry organizations to promote the adoption of safety standards and drive business model innovation, ensuring that all parties in the industry chain can benefit from technological advancements and achieve a sustainable future. Grid-Forming Business Strategies: Promoting Active Safety and Accelerating the Construction of New Power Systems Robert Liew, APAC Research Director at Wood Mackenzie, and Patrick Zank, Business Development Manager at VDE, shared insights about how grid-forming technology can support renewable energy investments and ideas about how unified standards and market trust are essential to promoting its large-scale applications. Vannsith Ith, Director of the Power Management Division at SchneiTec, and Billy Qiu, Technical Manager of Smart Energy at TÜV SÜD, shared details about the first utility-scale ESS project in Cambodia. TÜV SÜD conducted an empirical test on the grid-forming capability of Huawei's grid-forming PV+ESS system in Cambodia, in accordance with PPP 58232. The test results provide a solid foundation for building a stable and reliable smart grid, demonstrating the development of grid-forming projects in Southeast Asia. Chen Danqing, CTO of the Grid-Forming ESS Business at Huawei Digital Power, stated that there are four major technical challenges to the large-scale commercial use of grid-forming technology, including multi-device parallel operation stability, wideband oscillation damping, strong overload support, and device safety and reliability. With extensive experience in the PV and ESS fields, particularly in grid-friendly and grid-forming technologies, Huawei Digital Power proposes the Smart String Grid-Forming ESS technology system. The technology system encompasses grid-forming capabilities across the entire power generation, transmission, distribution, and consumption process, redefining the core standards of grid-forming capabilities. Specifically, grid-forming ESS should possess grid-forming capabilities for all performance levels, under all grid conditions, and throughout the full lifecycle. It can provide deterministic and stable support for power systems, meeting the requirements of various business models in the future. Huawei's Smart String Grid-Forming ESS has undergone rigorous empirical tests in projects in Qinghai and Xizang, and has been successfully applied in GW-level projects. Chen Weipeng, Regional Business President (Non-Life Insurance) of Munich Re Group, shared his insights on the theme of safeguarding ESS projects. Chen Xiong, General Manager of Electric Power and Electronic Products Service, TÜV Rheinland China pointed out that true system safety should encompass the entire lifecycle of the ESS. Steve Zheng, President of Grid-Forming ESS Business, Huawei Digital Power, pointed out that ESSs have three typical characteristics: high density, high voltage, and high current. During the lifecycle, the electrochemical inconsistency, grid uncertainty, and insufficient digital management capabilities of ESSs may cause great safety risks. To address these issues, Huawei Digital Power launches an innovative safety system that integrates the "Panshi" battery pack, two-stage string architecture, and smart health diagnosis to ensure the ESS's safety throughout its lifecycle. Together with the international authoritative organization DNV, Huawei Digital Power successfully conducted an extreme ignition test on the Smart String Grid-Forming ESS, fully verifying its safety protection capability in extreme ignition scenarios. Additionally, during the forum, the nail penetration, water immersion, and thermal runaway tests were demonstrated at the Huawei Dongguan Grid-Forming ESS Comprehensive Lab. The test results effectively verified the safety performance of the system under the four safety standards of non-flammable, non-explosive, non-spreading, and non-harmful, as well as the three basic safety standards of grid-friendly, load-friendly, and environment-friendly. Huawei Digital Power will continue to provide PV+ESS solutions and work with the industry chain to achieve a sustainable and green future. Huawei Digital Power, along with customers, partners, and organizations, launched the ESS Safety Initiative. The initiative aims to improve the ESS-dedicated fire suppression specifications, promote the global promotion and continuous iteration of ESS safety levels, establish ESS safety capabilities that can be visualized and managed throughout the lifecycle, and establish an ESS project risk assessment system throughout the process, thereby safeguarding the future of energy, building a safety foundation, and advancing ESS safety to new heights together.
Yahoo
07-05-2025
- Automotive
- Yahoo
Aeson Power Showcases Innovative Sodium Battery Technology at EES Europe 2025
MUNICH, May 7, 2025 /PRNewswire/ -- At EES Europe 2025, one of the leading events for the energy storage industry, Aeson Power debuted its sodium products including the SIBPOM-4850 for telecommunications, the SIBPOM-12100 for UPS, the SIBPOM-125kWh energy storage cabinet for C&I-scale, and the NaForce and NaPulse for passenger cars. Aeson Power & The Smarter E Europe Aeson Power's sodium products utilize NFPP polyanionic technology battery cells. The products feature intrinsic safety (capacity can be fully restored after discharging to zero volts), excellent high-temperature resistance (cells operate normally at 60 C), superior rate performance, high charge-discharge efficiency (RTE easily exceeds 95%), and long life (over 15,000 cycles). For the C&I energy storage, Aeson Power launched sodium product SIBPOM-125kWh energy storage cabinet with safety, intelligence, wide temperature range, and high energy density, and has passed strict third-party tests based on lithium battery standards such as IEC 62619 and IEC 62933. For the vehicle, Aeson Power introduced two series of sodium-ion batteries ─ the NaForce following European standards (EU) and NaPulse following Japanese standards (JIS) ─ each of which includes both a start-stop option and a starting option and provides instant starting at extreme temperatures, fast charging, light weight design and long service life, especially the start-stop batteries, which have a deep cycle capacity of 180,000. They are suitable for passenger cars and the best alternative to AGM and MF batteries. Along with the sodium product, Aeson Power also displayed the lithium battery energy storage products - a 261kWh C&I energy storage cabinet and a 5MWh containerized energy storage system - certified to IEC standards by TÜV SÜD and French BV and the bipolar lead-acid battery - TRE, TUS, TSS, THS series - with excellent PSoC cycling, better cranking performance, and high power output. Aeson Power's general manager Shirley Zhang stated, "Our bipolar lead-acid batteries are globally unique in low temperature of -40C performance, with wide market adoption. Now, our sodium-ion batteries will also achieve breakthroughs. The safety of sodium battery technology is a critical foundation for future applications. Aeson Power will keep focusing R&D resources on sodium technology." About Aeson Power Aeson Power is a trusted Australian provider of reliable energy solutions, including industry-proven batteries and cutting-edge energy storage solutions. Aeson Power has built an innovation ecosystem, spanning material selection, cell design, and system integration and become a pioneer in next-generation energy storage solutions. Visit for more information.
Associated Press
20-04-2025
- Automotive
- Associated Press
CORRECTING and REPLACING Gatik's Safety Case and Functional Safety Approaches Underwent Independent Assessment From TÜV SÜD as Part of an Industry-First Third-Party Review
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Apr 20, 2025-- Please replace the release dated April 14, 2025, with the following corrected version due to multiple revisions. This press release features multimedia. View the full release here: While self-certification has become the accepted standard for safety in the autonomous vehicle industry, Gatik's Safety Assessment Framework enables traceability and transparency to all claims of safety that are made by virtue of an independent assessment. The updated release reads: GATIK'S SAFETY CASE AND FUNCTIONAL SAFETY APPROACHES UNDERWENT INDEPENDENT ASSESSMENT FROM TÜV SÜD AS PART OF AN INDUSTRY-FIRST THIRD-PARTY REVIEW Autonomous middle-mile logistics leader concludes critical phase of independent safety assessment ahead of deploying Freight-Only (driverless) trucks at scale in 2025 Gatik, the leader in autonomous middle-mile logistics, today announced that two major pillars of its Safety Assessment Framework were successfully reviewed by TÜV SÜD. Gatik's methodological approach to both the Safety Case and Functional Safety phases of Gatik's comprehensive Safety Assessment Framework were independently assessed, marking a significant milestone on the company's path to safely launching Freight-Only commercial operations this year. TÜV SÜD, a globally recognized independent testing, inspection, and certification organization with extensive experience in autonomous system safety assurance, provided the independent, third-party assessment, finding that Gatik's approach to the development of a comprehensive Safety Case and Functional Safety was in adherence to the requirements of TÜV SÜD's Autonomous Vehicle Conformity Framework, a globally-recognized process for evaluating autonomous vehicle safety across development, testing and deployment domains. While self-certification has become the accepted standard for safety in the autonomous vehicle industry, Gatik's Safety Assessment Framework enables traceability and transparency to all claims of safety that are made by virtue of an independent assessment. TÜV SÜD's Autonomous Vehicle Conformity Framework involves an end-to-end review of Gatik's Functional Safety portfolios, including the following key elements: Operational Design Domain (ODD), Item Definition, Testing, Hazard Analysis and Risk Assessment (HARA), Coverage/Safety Analysis and Safety Culture. Importantly, these items and all others related to safety, trace to a comprehensive Safety Case allowing for appropriate oversight of the entire system. TÜV SÜD's review, which is a preliminary assessment of Gatik's approach to Safety Case development and Functional Safety, serves as a progress checkpoint, confirming that Gatik's approach is aligned with TÜV SÜD's internal requirements under the Autonomous Vehicle Conformity Framework to support the successful development of Freight-Only (driverless) trucks at scale, while establishing a pathway for future compliance with relevant standards. 'We strongly believe that the future of autonomous vehicles will be defined by those who prioritize safety above all else,' said Gautam Narang, Gatik's CEO and co-founder. 'This independent review of our Safety Case and Functional Safety methodology represents a radical departure from the self-certified safety audits that have become the industry norm. By engaging TÜV SÜD to provide this review from an external vantage point, Gatik is setting a new benchmark for the industry – one that puts safety and transparency at the forefront of the autonomous vehicle revolution.' 'From the beginning, Gatik's approach to safety has been defined by an uncompromising commitment to the highest standards, both internal and external' said Dr. Adam Campbell, Gatik's Head of Safety. 'The independent assessment that we have pursued at Gatik meets the level of transparency that policymakers, first responders, business partners, and everyday drivers expect and deserve. In our view, TÜV SÜD's assessment represents a tremendous vote of confidence in our approaches to scaling safety in our Safety Assessment Framework, serving as the foundation for our launch of Freight-Only commercial operations at scale this year.' Gatik's Safety Assessment Framework encompasses over 700 identified safety portfolios to address key pillars of AV safety: organizational safety culture, engineering quality (functional, behavioral and operational safety of the self-driving system), cyber security, vehicle safety, and Safety Case conformity to UL4600 and other industry standards. As part of the company's commitment to transparency and accountability across all aspects of its approach to safe testing and deployment, Gatik will be publicly sharing further information on progress made towards completion of the Safety Assessment Framework prior to deployment of Freight-Only operations. About Gatik Gatik AI Inc., the leader in autonomous middle-mile logistics, is revolutionizing B2B supply chains by enabling safe, consistent, high-frequency freight movement. Gatik's AI-Driven Autonomy is transforming short-haul logistics for Fortune 500 retailers, and in 2021 the company launched the world's first driverless commercial transportation service with Walmart. Gatik's medium-duty autonomous trucks are commercially deployed in multiple markets including Texas, Arkansas, Arizona, and Ontario. Gatik partners with industry leaders including Isuzu Motors, NVIDIA, Cummins, Ryder, and Goodyear. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Mountain View, Dallas-Fort Worth, Phoenix and Toronto. Safe Harbor Statement This press release contains forward-looking statements, including but not limited to, statements regarding future business strategies, plans, objectives, and anticipated performance. These forward-looking statements are based on the current expectations and beliefs of Gatik and are subject to various risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied in such statements. Factors that could impact these forward-looking statements include, but are not limited to, changes in market conditions, economic factors, competitive dynamics, regulatory developments, and unforeseen operational challenges. Gatik undertakes no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. View source version on CONTACT: Media Contact: Morgan Malone [email protected] KEYWORD: UNITED STATES NORTH AMERICA CANADA CALIFORNIA INDUSTRY KEYWORD: TRUCKING AUTOMOTIVE TECHNOLOGY LOGISTICS/SUPPLY CHAIN MANAGEMENT TRANSPORT AUTONOMOUS DRIVING/VEHICLES ARTIFICIAL INTELLIGENCE SOURCE: Gatik AI Inc. Copyright Business Wire 2025. PUB: 04/20/2025 04:00 AM/DISC: 04/20/2025 03:59 AM
Yahoo
20-04-2025
- Automotive
- Yahoo
CORRECTING and REPLACING Gatik's Safety Case and Functional Safety Approaches Underwent Independent Assessment From TÜV SÜD as Part of an Industry-First Third-Party Review
Autonomous middle-mile logistics leader concludes critical phase of independent safety assessment ahead of deploying Freight-Only (driverless) trucks at scale in 2025 MOUNTAIN VIEW, Calif., April 20, 2025--(BUSINESS WIRE)--Please replace the release dated April 14, 2025, with the following corrected version due to multiple revisions. The updated release reads: GATIK'S SAFETY CASE AND FUNCTIONAL SAFETY APPROACHES UNDERWENT INDEPENDENT ASSESSMENT FROM TÜV SÜD AS PART OF AN INDUSTRY-FIRST THIRD-PARTY REVIEW Autonomous middle-mile logistics leader concludes critical phase of independent safety assessment ahead of deploying Freight-Only (driverless) trucks at scale in 2025 Gatik, the leader in autonomous middle-mile logistics, today announced that two major pillars of its Safety Assessment Framework were successfully reviewed by TÜV SÜD. Gatik's methodological approach to both the Safety Case and Functional Safety phases of Gatik's comprehensive Safety Assessment Framework were independently assessed, marking a significant milestone on the company's path to safely launching Freight-Only commercial operations this year. TÜV SÜD, a globally recognized independent testing, inspection, and certification organization with extensive experience in autonomous system safety assurance, provided the independent, third-party assessment, finding that Gatik's approach to the development of a comprehensive Safety Case and Functional Safety was in adherence to the requirements of TÜV SÜD's Autonomous Vehicle Conformity Framework, a globally-recognized process for evaluating autonomous vehicle safety across development, testing and deployment domains. While self-certification has become the accepted standard for safety in the autonomous vehicle industry, Gatik's Safety Assessment Framework enables traceability and transparency to all claims of safety that are made by virtue of an independent assessment. TÜV SÜD's Autonomous Vehicle Conformity Framework involves an end-to-end review of Gatik's Functional Safety portfolios, including the following key elements: Operational Design Domain (ODD), Item Definition, Testing, Hazard Analysis and Risk Assessment (HARA), Coverage/Safety Analysis and Safety Culture. Importantly, these items and all others related to safety, trace to a comprehensive Safety Case allowing for appropriate oversight of the entire system. TÜV SÜD's review, which is a preliminary assessment of Gatik's approach to Safety Case development and Functional Safety, serves as a progress checkpoint, confirming that Gatik's approach is aligned with TÜV SÜD's internal requirements under the Autonomous Vehicle Conformity Framework to support the successful development of Freight-Only (driverless) trucks at scale, while establishing a pathway for future compliance with relevant standards. "We strongly believe that the future of autonomous vehicles will be defined by those who prioritize safety above all else," said Gautam Narang, Gatik's CEO and co-founder. "This independent review of our Safety Case and Functional Safety methodology represents a radical departure from the self-certified safety audits that have become the industry norm. By engaging TÜV SÜD to provide this review from an external vantage point, Gatik is setting a new benchmark for the industry – one that puts safety and transparency at the forefront of the autonomous vehicle revolution." "From the beginning, Gatik's approach to safety has been defined by an uncompromising commitment to the highest standards, both internal and external" said Dr. Adam Campbell, Gatik's Head of Safety. "The independent assessment that we have pursued at Gatik meets the level of transparency that policymakers, first responders, business partners, and everyday drivers expect and deserve. In our view, TÜV SÜD's assessment represents a tremendous vote of confidence in our approaches to scaling safety in our Safety Assessment Framework, serving as the foundation for our launch of Freight-Only commercial operations at scale this year." Gatik's Safety Assessment Framework encompasses over 700 identified safety portfolios to address key pillars of AV safety: organizational safety culture, engineering quality (functional, behavioral and operational safety of the self-driving system), cyber security, vehicle safety, and Safety Case conformity to UL4600 and other industry standards. As part of the company's commitment to transparency and accountability across all aspects of its approach to safe testing and deployment, Gatik will be publicly sharing further information on progress made towards completion of the Safety Assessment Framework prior to deployment of Freight-Only operations. About Gatik Gatik AI Inc., the leader in autonomous middle-mile logistics, is revolutionizing B2B supply chains by enabling safe, consistent, high-frequency freight movement. Gatik's AI-Driven Autonomy is transforming short-haul logistics for Fortune 500 retailers, and in 2021 the company launched the world's first driverless commercial transportation service with Walmart. Gatik's medium-duty autonomous trucks are commercially deployed in multiple markets including Texas, Arkansas, Arizona, and Ontario. Gatik partners with industry leaders including Isuzu Motors, NVIDIA, Cummins, Ryder, and Goodyear. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Mountain View, Dallas-Fort Worth, Phoenix and Toronto. Safe Harbor Statement This press release contains forward-looking statements, including but not limited to, statements regarding future business strategies, plans, objectives, and anticipated performance. These forward-looking statements are based on the current expectations and beliefs of Gatik and are subject to various risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied in such statements. Factors that could impact these forward-looking statements include, but are not limited to, changes in market conditions, economic factors, competitive dynamics, regulatory developments, and unforeseen operational challenges. Gatik undertakes no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. View source version on Contacts Media Contact:Morgan Malonegatik@ Sign in to access your portfolio
