Roadzen’s National Automobile Club Signs Contract with Motive, One of the Largest AI-powered Fleet Management Companies
Roadzen Inc. (NASDAQ: RDZN) has partnered with Motive to provide roadside assistance and towing services to Motive's customer base of over one million vehicles. The partnership, through Roadzen's National Automobile Club (NAC), will generate direct revenue based on per vehicle per incident, offering 24/7 nationwide service coverage at substantial savings to Motive customers.
The service will be available from December 16 through Motive's Driver App, with a pay-per-use model and no monthly fees. According to industry data, approximately 20-30% of U.S. trucks require roadside assistance annually, with breakdowns occurring roughly every 10,000 miles. The partnership combines AI-powered risk detection with fleet management capabilities to enhance driver safety and minimize operational disruptions.
Roadzen Inc. (NASDAQ: RDZN) ha stabilito una partnership con Motive per fornire servizi di assistenza stradale e carro attrezzi a una base di clienti di oltre un milione di veicoli. La collaborazione, tramite il National Automobile Club (NAC) di Roadzen, genererà entrate dirette basate su un costo per veicolo e per incidente, offrendo una copertura di servizio 24/7 a livello nazionale con risparmi significativi per i clienti di Motive.
Il servizio sarà disponibile a partire dal 16 dicembre tramite l'App per conducenti di Motive, con un modello di pagamento per utilizzo e senza costi mensili. Secondo i dati del settore, circa il 20-30% dei camion negli Stati Uniti richiede assistenza stradale annualmente, con rotture che si verificano approssimativamente ogni 10.000 miglia. La partnership combina la rilevazione dei rischi potenziata dall'IA con le capacità di gestione della flotta per migliorare la sicurezza dei conducenti e ridurre al minimo le interruzioni operative.
Roadzen Inc. (NASDAQ: RDZN) se ha asociado con Motive para proporcionar servicios de asistencia en carretera y remolque a la base de clientes de Motive, que cuenta con más de un millón de vehículos. La asociación, a través del National Automobile Club (NAC) de Roadzen, generará ingresos directos basados en un costo por vehículo y por incidente, ofreciendo cobertura de servicio a nivel nacional 24/7 con ahorros significativos para los clientes de Motive.
El servicio estará disponible a partir del 16 de diciembre a través de la aplicación para conductores de Motive, con un modelo de pago por uso y sin cuotas mensuales. Según datos de la industria, aproximadamente el 20-30% de los camiones en EE. UU. requieren asistencia en carretera anualmente, con fallas que ocurren aproximadamente cada 10,000 millas. La asociación combina la detección de riesgos impulsada por IA con capacidades de gestión de flotas para mejorar la seguridad de los conductores y minimizar las interrupciones operativas.
로드젠 주식회사 (NASDAQ: RDZN)이 모티브와 파트너십을 맺어 모티브의 고객 기반인 백만 대 이상의 차량에 도로 지원 및 견인 서비스를 제공하게 됩니다. 로드젠의 전국 자동차 클럽(NAC)을 통해 진행되는 이 협력은 차량과 사건별로 직접적인 수익을 창출하며, 모티브 고객에게 상당한 절약 혜택을 제공하는 24시간 전국 서비스 커버리지를 제공합니다.
서비스는 12월 16일부터 모티브의 운전사 앱을 통해 제공되며, 사용량에 따라 요금을 지불하는 방식으로 월 이용료는 없습니다. 업계 데이터에 따르면, 미국의 트럭 중 약 20-30%가 매년 도로 지원이 필요하며, 고장이 발생하는 빈도는 대략 10,000마일당 한 번입니다. 이 파트너십은 AI 기반 위험 감지와 플릿 관리 기능을 결합하여 운전자의 안전을 향상하고 운영 중단을 최소화합니다.
Roadzen Inc. (NASDAQ: RDZN) a établi un partenariat avec Motive pour fournir des services d'assistance routière et de remorquage à la base client de Motive, qui compte plus d'un million de véhicules. Ce partenariat, via le National Automobile Club (NAC) de Roadzen, générera des revenus directs basés sur un tarif par véhicule et par incident, offrant une couverture de service nationale 24/7 avec d'importantes économies pour les clients de Motive.
Le service sera disponible à partir du 16 décembre via l'application pilote de Motive, avec un modèle de paiement à l'utilisation et sans frais mensuels. Selon les données du secteur, environ 20-30 % des camions aux États-Unis nécessitent une assistance routière chaque année, avec des pannes se produisant environ tous les 10 000 miles. Ce partenariat combine la détection de risques alimentée par l'IA avec des capacités de gestion de flotte pour améliorer la sécurité des conducteurs et minimiser les interruptions opérationnelles.
Roadzen Inc. (NASDAQ: RDZN) hat sich mit Motive zusammengetan, um Pannenhilfe- und Abschleppdienste für die Kundenbasis von Motive mit über einer Million Fahrzeugen anzubieten. Die Partnerschaft, die über den National Automobile Club (NAC) von Roadzen läuft, wird direkte Einnahmen basierend auf einem Preis pro Fahrzeug und Vorfall generieren und bietet 24/7 landesweite Serviceabdeckung zu erheblichen Einsparungen für Motive-Kunden.
Der Service wird ab dem 16. Dezember über die Fahrer-App von Motive verfügbar sein, mit einem Pay-per-Use-Modell ohne monatliche Gebühren. Laut Branchendaten benötigen etwa 20-30 % der Lkw in den USA jährlich Pannenhilfe, wobei alle etwa 10.000 Meilen eine Panne auftritt. Die Partnerschaft kombiniert KI-gestützte Risikobewertung mit Flottenmanagement-Funktionen, um die Sicherheit der Fahrer zu verbessern und operative Unterbrechungen zu minimieren.
- Direct revenue generation through per-vehicle-per-incident model
- Access to Motive's large customer base of over 1 million vehicles
- No operational costs as service is pay-per-use
- None.
Insights
New partnership delivers emergency roadside assistance and towing services with substantial savings to all Motive customers
NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has partnered with Motive, the AI-powered Integrated Operations Platform, to provide roadside assistance and towing services to Motive’s customer base that spans more than one million vehicles.
Motive empowers businesses running physical operations with advanced tools to enhance safety, productivity, and profitability. With over 120,000 customers across transportation and logistics, construction, field service, and more, Motive’s AI-powered solutions improve safety and productivity by giving customers greater visibility and control over their operations. Motive’s integrated platform combines Driver Safety, Spend Management, Fleet Management, and Equipment Monitoring in one place, enabling safety, operations, and finance teams to manage their workers, vehicles, equipment, and fleet-related spend in a single system for the first time.
NAC’s contract with Motive generates direct revenue to Roadzen based upon per vehicle per incident, as it provides 24/7 service coverage nationwide at substantial savings to Motive customers. According to data from the American Trucking Association and FleetNet America, most commercial trucks experience a roadside breakdown roughly every 10,000 miles driven, equating to approximately
“While our north star is to prevent accidents through instant and precise AI-powered risk detection, it is just as important we protect drivers and reduce risk when accidents do happen,” said Jai Ranganathan, Chief Product Officer, Motive. “Whether you need fast emergency support from first responders, or a quick roadside repair to get your driver back on the road, Motive’s complete safety solution quickly delivers the help customers need.”
"The integration of AI-driven insights with Motive's robust fleet management platform represents a significant leap forward for driver safety," commented Roadzen CEO, Rohan Malhotra. "By leveraging advanced AI algorithms, we can predict and proactively respond to vehicle breakdowns and emergency situations, minimizing downtime and operational disruptions and accelerating the repair process by precision-estimating the cost of repair. This partnership enhances the safety and efficiency of Motive’s customers’ fleets and demonstrates how AI can transform operations.”
Motive customers will have access to Roadside Assistance beginning December 16 by selecting “Roadside Assistance” within the Driver App. Customers pay only when they use the service and there are no ongoing monthly fees. To learn more about Motive’s industry-leading safety solutions visit https://gomotive.com/products/driver-safety/.
About Roadzen Inc.
Roadzen Inc. (Nasdaq: RDZN) is a global technology company transforming auto insurance using advanced artificial intelligence (AI). Thousands of clients, from the world’s leading insurers, carmakers, and fleets to dealerships and auto insurance agents, use Roadzen’s technology to build new products, sell insurance, process claims, and improve road safety. Roadzen’s pioneering work in telematics, generative AI, and computer vision has earned recognition as a top AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s mission is to continue advancing AI research at the intersection of mobility and insurance, ushering in a world where accidents are prevented, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 380+ employees across its global offices in the U.S., India, U.K. and France. To learn more, please visit www.roadzen.ai.
About Roadzen’s National Automobile Club (NAC)
National Automobile Club, a wholly owned Roadzen business, is a business-to-business (“B2B”) licensed auto club in California providing claims management and 24/7 commercial roadside assistance with a network of 20,000+ professional service providers offering tow, transport and first notice of loss services. NAC’s customers include government fleets, small businesses, commercial fleets, OEMs, fuel card companies, insurers, leasing and financing companies, warranty companies and auto-related entities. NAC has been in continuous business operations since 1924.
About Motive
Motive empowers the people who run physical operations with tools to make their work safer, more productive, and more profitable. For the first time, safety, operations, and finance teams can manage their workers, vehicles, equipment, and fleet-related spend in a single system. Motive serves more than 120,000 customers from small businesses to Fortune 500 enterprises such as Halliburton, KONE, Komatsu, NBC Universal, and Maersk across a wide range of industries including transportation and logistics, construction, energy, field service, manufacturing, agriculture, food and beverage, retail, waste services, and the public sector. Visit gomotive.com to learn more.
Cautionary Statement Regarding Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “expected,” “committed,” “plan,” “anticipate,” “believe,” “pipeline,” “leads,” “estimate,” and “continue,” or the negative of such terms or other similar expressions. Such statements include, but are not limited to, statements regarding our strategy, demand for our products, expansion plans, future operations, future operating results (including expectations regarding future profitability and returns to shareholders), planned balance sheet restructuring, estimated revenues (including from new contracts and joint ventures), losses, projected costs, prospects, plans and objectives of management, as well as all other statements other than statements of historical fact included in this press release. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the Annual Report on form 10-K we filed with the SEC on July 1, 2024. We urge you to consider these factors, risks and uncertainties carefully in evaluating the forward-looking statements contained in this press release. All subsequent written or oral forward-looking statements attributable to our company or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements included in this press release are made only as of the date of this release. Except as expressly required by applicable securities law, we disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
For more information, please contact:
Investor Contacts:
IR@roadzen.ai
Media Contacts:
Roadzen: Sanya Soni sanya@roadzen.ai or media@roadzen.ai
Gutenberg: roadzen@thegutenberg.com
Motive Media Contact: press@gomotive.com
FAQ
When will Roadzen (RDZN) begin providing roadside assistance services to Motive customers?
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What is the payment structure for Roadzen's (RDZN) roadside assistance service with Motive?
What percentage of trucks typically need Roadzen's (RDZN) roadside assistance services annually?
