UVeye Tech Developments

Today’s fleet operators face a variety of challenges, including extremely high demand for supply services related to Covid, shortages of trained technicians, spare parts shortages, increased parking time and higher insurance costs.

A pioneer in automated vehicle-inspection technologies, UVeye offers high-speed systems that are faster and more accurate than traditional service line inspections and help fleet operators correct problems before they result in costly repairs and downtime.

“We are helping our fleet customers solve major problems caused by faulty vehicle inspection procedures,” said Mike Bush, UVeye’s director of North American fleet sales. “Hand tests today aren’t always done, and when they are, they’re often not done well.”

Survey results

According to a recent survey of UVeye customers, automated inspections can detect 96 percent of existing vehicle defects compared to only 24 percent of manual inspections.

In the year Founded in 2016, UVeye provides vehicle inspection solutions for both the automotive and homeland security industries with advanced artificial intelligence and machine learning technologies. UVeye systems use proprietary algorithms, cloud architecture, artificial intelligence and sensor integration technologies to detect problems in seconds, from worn tires to missing or defective body parts. A high-speed inspection system helps reduce maintenance costs and keep fleet vehicles on the road, helps avoid potential accidents, saves valuable time and improves overall vehicle safety.

UVeye systems increase the speed and quality of inspection processes at assembly lines, new and used car dealerships, used car auction houses and major vehicle fleets, as well as at security checkpoints around the world.

The company offers three high-speed vehicle inspection systems suitable for a variety of fleets, including “last mile” delivery vans and trucks, as well as private, police, medical, rental, public transport, catering. School bus, taxi and municipal fleet.

The driving systems Helios, Artemis and Atlas each generate reports detailing test results. They are designed to accommodate a variety of vehicle sizes, from trucks to cars. Some flight operators use all three products, while others focus on UVeye tire and underbody systems.

Investigations

Using UVeye’s tire and underbody scans, one dealer reported a monthly net profit of over $46,000 for additional tire replacements, tire alignments and underbody work.

Ideally, fleet inspections are performed daily when vehicles return from their rounds.

UVeye is looking to install the devices at highway truck stops and toll booths for toll-based scanning.

Before 2021, UVeye will partner with automakers and companies like WR Berkley Corp. Hyundai’s investment, which has raised more than $40 million, is part of an ongoing plan to use UVeye products and platforms across Hyundai’s operations globally.

In the year In 2021, UVeye received an additional $60 million in funding to support its global expansion plans.

Funding participants

CarMax, WR Berkley Corp. and FIT Ventures are among the participants in UVeye’s Series C funding round. CarMax, the largest used car retailer in the US, will join the UVeye Group, whose company’s inspection systems are used in auto dealership service departments and assembly lines for Volvo Cars, Hyundai Motors and Toyota Tundra.

Amir Hever, the company’s CEO and co-founder, said: “The completion of the Series C funding represents a major step forward for UVeye and our expansion plans in Europe and the US.

“We have strong investors and corporate partners who help us set new standards for vehicle inspection in a variety of industries.” UVeye currently has facilities in North America, Europe and the Asia Pacific region, including offices in Israel, Japan, Germany and the US.

The company has raised more than $90 million and has formed strategic partnerships with several dealer groups, used car auctions and vehicle fleets.

Rick Bryant, vice president of sales operations for Volvo Cars USA, said the automaker’s new automated vehicle inspection process takes seconds to complete and is faster and more accurate than time-consuming manual inspections.

Volvo is rolling out a new program to equip dealers in the US with an automated vehicle inspection system. The company hopes to launch at select dealerships on the East Coast and eventually most of its more than 280 dealerships in the United States will use the new automated vehicle inspection systems.

‘home run’

“This is a home run for Volvo and our dealers,” says Bryant. “UVeye’s automated systems add a new level of reliability to the inspection process. And loyalty is key to us, our dealers and our customers.

Volvo prides itself on the company’s long-standing safety reputation, which is further enhanced by the use of automated inspection systems in supplier service departments.

UVeye systems, for example, can identify major problems and safety issues before accidents occur, from flat tires to defective body parts.

UVeye provides inspection systems for use in both the homeland security and automotive fields. The company’s solutions can be used throughout the vehicle lifecycle, from supplier and OEM assembly lines to new car showrooms, sales service departments and used vehicle auctions. Its inspection platforms add a layer of efficiency and enable new data insights for customers across the automotive value chain.

“Our automated, contactless systems are dramatically changing how car dealers, fleet operators and used vehicle auctions inspect vehicles,” says UVeye’s Hever. It makes it easier for them to automate inspections, providing much higher quality standards for processes that were once manual.”

James Smith, a UVeye customer and owner of VIP Auctions in Cummings, Ga., near Atlanta, agrees. VIP Auctions currently use the UVeye Artemis tire scanner and the Helios in-body inspection system. VIP performs UVeye inspections when vehicles are registered for both in-home and online auctions.

“We were doing it manually, but UVeye scans take more,” explains Smith. “An undercarriage scan can find leaks that you might not see unless you’re a major. We’ve had it find the missing catalytic converters. The tire scanner quickly catches problems like rim curb scratches, tire age and sidewall wear. It also takes into account tread depth, tire tread and uneven tires. He sees a lot more than you normally notice. “

Smith makes it a point to tell bidders that UVeye’s automated inspection systems are behind the VIP listings. He said that the automatic inspections will create credibility and transparency and will also reduce the man-hours spent on inspections.

UVeye’s bushings are a game changer for the company’s inspection procedures. “For us, it’s all about getting the word out and explaining the benefits. Early detection can mean the difference between replacing a gasket and a blown engine connection,” Bush explained.

“Catching a tire problem before it leads to a high-speed crash can save money and save lives. NHTSA reports that in the United States alone, nearly 11,000 tire-related crashes kill 600 people each year.”