Patent published on September 28, 2023

Cornell University's Latest Patent Could Make Autonomous Electric Taxis More Efficient and Profitable

In the realm of electric vehicles, Cornell University has surfaced with an innovative solution, presented in their recent patent US20230303091A1. This patent harps on creating an advanced "smart planner" for autonomous electric taxis (AETs), promising to revolutionize the way we perceive transportation efficacy and energy conservation.

Currently, optimizing the operations of autonomous electric taxis (AETs) is a daunting task. The vehicles have opportunities to maximize profit through strategies other than finding an optimal charging schedule. Dynamics like customer pickup rate and actions during idle time significantly impact the profit. However, optimizing all these variables for AETs through their time horizon is a complex task, contributing to the pressing issue at hand.

Furthermore, considerations like nonlinear battery behaviors, voltage drops, and capacity fading add to the challenge of solving this issue, acting as roadblocks in the way of maximizing the profit. Current approaches often adopt a moving horizon which, while useful for splitting the main problem into subproblems, gives rise to concerns about solution accuracy.

Cornell University's patent presents an innovative solution to optimize the operation of AETs. The invention functions like a smart planner for the devices, meticulously taking into account the battery's status in order to develop an efficient schedule for the vehicle's operations. This entire process gets support through a car simulator that aids in making informed decisions.

Post implementation, this innovation is expected to have palpable effects on the way our world operates. With a smart planner optimizing the operations of AETs, we can anticipate further growth in the use of electric autonomous vehicles. People might leverage the opportunity to save on fuel costs and lessen their carbon footprint, signaling their contribution to a more sustainable environment. For example, a family in New York could use the services of these optimized AETs for their daily commute or grocery shopping, thereby contributing to a cleaner city environment.

Importantly, as intriguing as this patented innovation might sound, it's essential to remember that although a patent has been filed, there is no assurance that this technology will make a commercial appearance in the market soon. Inventions in patents often get confined to theory until someone decides to adapt and apply these ideas in reality. But considering the immense potential of this innovation, the world will keenly look forward to seeing it in action.

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