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Share Name | Share Symbol | Market | Type |
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Roadzen Inc | NASDAQ:RDZN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-0.1999 | -10.75% | 1.6601 | 1.66 | 1.82 | 1.83 | 1.635 | 1.80 | 259,845 | 01:00:00 |
Motive Roadside Assistance and First Responder delivers fleets vital support during the holiday season when accidents spike 32%, according to Motive data
New partnership with National Automobile Club expands Motive’s comprehensive safety offering to support every aspect of accident management, no matter what happens on the road
Motive, the AI-powered Integrated Operations Platform, today announced the launch of Motive Roadside Assistance, a comprehensive 24/7/365 roadside support service designed to improve driver safety and operational efficiency. The new service, combined with Motive’s First Responder, strengthens and expands Motive’s comprehensive safety solution by getting drivers the help they need faster, even in remote, hard-to-reach locations. Available through a strategic partnership with Roadzen’s National Automobile Club (NAC), Motive Roadside Assistance connects commercial drivers to more than 75,000 roadside assistance providers across the U.S. and Canada. Motive customers will receive up to 20% discounts on the service, and an additional 5% discount when service is purchased using their Motive Card.
The holiday season is the most dangerous time of year for drivers, as shown by Motive’s 2024 Holiday Outlook Report. Roads are particularly perilous around Christmas, with a 32% increase in accidents compared to the rest of December and the highest crash rate among all holidays. In 2023, the week leading up to Christmas saw a 10% increase in speeding events, increasing risks for drivers and the need for emergency and roadside support. Additionally, winter weather exacerbates risks, with 65.5% of Christmas collisions occurring on wet or snowy roads.
Every year, 5-10% of NAC’s commercial vehicles require roadside assistance, and every minute of roadside downtime increases risks to driver safety while reducing fleet productivity. With Motive Roadside Assistance, commercial vehicle operators can now access fast, reliable help when it’s needed most—especially during the holiday season when time lost can mean increased risks and missed opportunities.
“While our north star is to prevent collisions by detecting unsafe driving behavior, 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.”
Commercial fleets with heavy-duty vehicles and semi-trucks require specialized, large-scale towing, tire repair, and fuel delivery. By combining Motive’s industry-leading AI technology with NAC’s extensive roadside assistance network that meets the unique requirements of commercial vehicles, fleets can ensure drivers and cargo are protected and operations can run efficiently no matter what happens on the road. Specific offerings include:
Earlier this year Motive launched a first-of-its-kind first responder service for drivers of commercial vehicles that expedites emergency response in the event of a severe collision. The feature ensures drivers receive immediate help when a collision is detected by quickly dispatching emergency services, helping reduce fatalities and severe injuries, and setting a new standard for driver safety.
Motive’s industry-leading AI detects 99% of severe collisions within seconds and customers can use its powerful, accurate AI to monitor and protect drivers wherever they are. New AI-powered enhancements to Motive’s Driver Safety product combat driver fatigue, which contributes to an estimated over 90,000 accidents, 800 fatalities, and 50,000 injuries annually. Motive’s AI-powered Drowsiness Detection detects early and late signs of drowsy driving, including frequent yawning and eyes closed. In addition, new Forward Collision Warning AI helps prevent rear-end crashes, which account for 29% of all crashes, by alerting drivers to brake when a driver approaches another vehicle ahead of them too quickly.
Motive customers 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 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, 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.
About National Automobile Club
Roadzen Inc. (Nasdaq:RDZN) is a global technology company transforming auto insurance using advanced artificial intelligence (AI). National Automobile Club, a wholly owned Roadzen business, is a business-to-business 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241210739060/en/
Media Contacts: Motive: press@gomotive.com Roadzen: media@roadzen.ai
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