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Ansys Debuts ConceptEV to Boost Electric Vehicle Drive Range

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Ansys unveiled ConceptEV™, a cloud-native SaaS solution aimed at optimizing electric vehicle (EV) powertrain development. ConceptEV enables collaborative design and simultaneous optimization of key EV components such as the battery, inverter, motor, and transmission. The tool allows engineers to make early design decisions that enhance EV driving range, reduce battery charge times, and lower development costs. With a model-based approach, ConceptEV links component designs to system-level requirements, facilitating rapid analysis, reducing errors, saving time and costs, and fostering innovation. Ansys aims to empower design engineering teams to create more efficient, cost-effective, and durable EV powertrains.

Positive
  • Introduction of Ansys ConceptEV™, a SaaS solution for EV powertrain optimization.
  • Facilitates collaborative design and simultaneous optimization of EV components.
  • Enhances EV driving range and reduces battery charge times.
  • Reduces development costs and accelerates time-to-market.
  • Links component designs to system-level requirements, reducing errors and saving time.
Negative
  • None.

Insights

ConceptEV represents a significant advance in the EV powertrain design process. By integrating a model-based approach, it allows for simultaneous optimization of critical powertrain components. This collaborative environment can reduce time-to-market and development costs, which are key factors in the highly competitive EV market. What's particularly groundbreaking is the system-level design approach, which ensures that components like batteries, inverters, motors and transmissions are not optimized in isolation but as part of a cohesive unit. This could yield better efficiencies and improved driving ranges, addressing two major pain points in EV development.

Moreover, the SaaS model ensures scalability and accessibility, encouraging widespread adoption amongst engineering teams. This democratization of high-end simulation tools can spur innovation by allowing smaller firms to compete with established players. It also promotes iterative design improvements, rapidly incorporating feedback and minimizing errors, which is important for the fast-evolving EV landscape.

Rating: 1

The introduction of ConceptEV is poised to make waves in the EV market. By addressing the need for a more integrated design approach, Ansys is not just offering a tool but a paradigm shift in how EV powertrains are conceptualized and developed. This platform promises to lower development costs and expedite time-to-market—two critical metrics for success in the automotive industry. For investors, this could translate into enhanced growth prospects and potentially higher profit margins for companies adopting this technology.

The emphasis on enhanced driving ranges and reduced battery charge times directly speaks to consumer desires, likely bolstering the appeal of EVs. Additionally, by making advanced simulation tools more accessible, ConceptEV could foster a more competitive market landscape, pushing the industry towards greater innovation and efficiency. This kind of disruptive technology has the potential to shift market dynamics and could be a key growth driver for Ansys.

Rating: 1

ConceptEV optimizes the development of electric vehicle powertrains for improved driving range and battery charge times

Key Highlights

  • Ansys ConceptEV, a software-as-a-service (SaaS) solution tailor-made for the automotive concept design stage, delivers simultaneous optimization of electric vehicle (EV) powertrain architectures and components including the battery, inverter, motor, and transmission
  • The solution complements existing simulation workflows, empowering system and component design engineering teams to collaborate on a shared system model connected to requirements

PITTSBURGH, June 20, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced the availability of a new SaaS cloud-native offering, Ansys ConceptEV. The solution enables component and system engineers to work together on EV powertrain concept designs through a model-based approach — facilitating early design decisions for improved EV driving range and battery charge times, lower development costs, and faster time-to-market.

EV powertrains are complex systems comprised of core functional components including the battery, inverter, motor, and transmission. To develop the most efficient powertrain, the components must be designed and optimized as part of the system, not separately. A system-level design approach is crucial to increasing the driving range and efficiency of EVs while decreasing the cost.

ConceptEV is a first-of-its-kind, accessible solution capable of linking component designs to system-level requirements. Specification and component design changes are easily implemented and traceable, empowering users to rapidly evaluate and quantify system trade-offs for the optimal powertrain design. The model-based approach facilitates rapid analysis of the complete system against requirements, reducing errors, saving time and costs, and informing smarter decisions earlier in the development process.

"Ansys ConceptEV promises to be a critical advancement for the electric powertrain industry," said John Reeve, technical director, FluxSys Ltd. "Focusing on optimizing the complete powertrain rather than individual sub-systems will increase our productivity and accelerate innovation. ConceptEV is approachable, collaborative, scalable, and will help us meet the growing demand for performant EV powertrain systems." 

"ConceptEV is flipping the script on traditional EV powertrain workflows and enabling customers to pursue a more robust, data-driven result," said Shane Emswiler, senior vice president of products at Ansys. "The solution brings together cross-functional teams in an open environment that encourages collaboration and knowledge sharing to foster innovation. The powertrain is the heart of a vehicle's performance, so having the right tools to optimize its design to make it lighter, more durable, and more cost-effective is critical."

/ About Ansys

Our Mission: Powering Innovation that Drives Human Advancement™

When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.

Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

ANSS–T

/ Contacts




Media

Mary Kate Joyce


724.820.4368


marykate.joyce@ansys.com 


Investors

Kelsey DeBriyn


724.820.3927


kelsey.debriyn@ansys.com 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ansys-debuts-conceptev-to-boost-electric-vehicle-drive-range-302177431.html

SOURCE Ansys

FAQ

What is Ansys ConceptEV?

Ansys ConceptEV is a cloud-native SaaS solution designed to optimize electric vehicle powertrain development by enabling collaborative design and simultaneous optimization of key components like the battery, inverter, motor, and transmission.

How does ConceptEV improve EV powertrain design?

ConceptEV allows engineers to make early design decisions that enhance EV driving range, reduce battery charge times, and lower development costs by linking component designs to system-level requirements.

When was ConceptEV announced?

Ansys announced ConceptEV on June 20, 2024.

What are the benefits of using Ansys ConceptEV?

ConceptEV enhances EV driving range, reduces battery charge times, lowers development costs, accelerates time-to-market, reduces errors, and fosters innovation in EV powertrain design.

What components does ConceptEV optimize?

ConceptEV optimizes key electric vehicle powertrain components including the battery, inverter, motor, and transmission.

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