Copec reinforces its commitment to electromobility and invests in Optibus, a startup that implements AI for the development of sustainable transportation

Copec statement

This is an automated translation of the press release issued in Spanish

Copec today announced a strategic partnership and investment in Optibus, a comprehensive software platform for the planning and operation of more efficient and sustainable public transportation systems, with a presence in 5 thousand points globally, among which the Metropolitan region (RM) stands out. ), one of the locations that has been a pioneer in Latin America in implementing this system.

Optibus' comprehensive software platform helps improve bus services and the efficiency of the entire public transport network, through a solution powered by artificial intelligence and optimization algorithms available in a cloud. The system then allows predicting the fulfillment of each trip, which leads to better services and passenger experience, and becomes more agile in adapting to different plans, reducing costs and increasing the efficiency of transportation systems.

According to the latest reports available from the Ministry of Transportation and its dependent organizations, in the Metropolitan region, nearly 397 million trips are made annually on buses belonging to the Metropolitan Mobility RED System , so the efficiency in its programming - with platforms such as Optibus - is key to improving the quality of life of citizens, by ensuring that the system works at its highest level and ensuring its reliability in terms of schedules and availability, among other benefits.

This alliance is part of Copec's transformation process, which seeks to adapt its service models to promote and accelerate the energy transition through innovation, sustainability and all the knowledge accumulated in fuels, developing and promoting new energy solutions. , mobility and convenience, that make their purpose alive, respond to people's needs and improve their quality of life.

In this way, through this alliance, Copec will seek to continue growing in experience and development, after having developed 11 bus electroterminals in the Metropolitan Region and another in Antofagasta, taking an important step towards the objective of ensuring a cleaner operation in collective locomotion and amplifying the reach of electromobility to different areas of the country.

Likewise, both companies will explore synergies around the electrification of bus terminals, eBus-as-a-service (comprehensive service) and smart charging for passenger transport providers in Latin America. Copec Wind Ventures works to accelerate the growth of start-ups and scale-ups within the new mobility, energy and retail sectors. In turn, the investment reinforces Optibus' status as a dominant player in the Latin American market, where the company is rapidly becoming one of the leading software solutions, used by major operators, including Redbus and Grupo Niff, and as planning software for the entire bus network in Manaus and Porto Alegre in Brazil, as well as Santiago, Chile, where it is used in the largest fleet of public electric buses outside of China.

"Copec is committed to leading the development of electromobility and bringing its benefits to more people every day, being a key ally in the electrification of public and private transportation. This alliance allows us to continue advancing in this line, bringing innovation to improve systems. of public transport. By joining forces with Optibus, we are not only electrifying buses; we are reimagining urban mobility to make it more efficient, accessible and, most importantly, sustainable," comments Leonardo Ljubetic, Development Division Manager at Copec.

For his part, Amos Haggiag, CEO and co-founder of Optibus, highlighted that “all cities that opt for electric buses need specialized software to carry out this complex transition. "We are proud to be on the ground in Latin America to enable more sustainable public transportation, and it is an honor to work with Copec to reinforce our commitment to the region."