The logistics industry currently accounts for almost a quarter (24%) of global CO2 emissions. The number is expected to rise to 40% over the next three decades if not addressed.
Korean startup Equal wanted to address this problem.
“Our goal is to get a head start in the mobility and logistics market amid the escalating need for sustainability,” said Noh Youngjo, CEO at Equal. “We have developed a low-floor, lightweight and compact electric truck designed for the transportation of freight in factories and, eventually, in urban areas too.”
Breaking new ground, however, is no easy feat. To do so, Equal needed design capabilities that were just as innovative as their product.
“Because this product is so original, we had to design and engineer every component from scratch,” Youngjo said. “Our previous solution couldn’t facilitate this, resulting in far too much manual work. We needed a technology platform that was powerful enough to match our needs.”
The 3DEXPERIENCE platform on Cloud was the perfect solution, enabling the Equal team to collaboratively design and validate a reverse three-wheeled electric truck called the LOFI III in real time.
“By 2024, we will integrate robotics into our solutions, resulting in a partially autonomous vehicle that offers greater safety in logistics,” Youngjo said. “All this has been made possible by the 3DEXPERIENCE platform. Without it, I honestly don’t know where we’d be.”
Read the full customer story to find out how the platform enabled Equal to not only create and refine two prototypes in just eight months, with their third and final prototype following nine months later, but to think outside the box when it comes to sustainability.