Monumo has achieved an 11.4% reduction in the bill of materials (BOM) including a 23% reduction in magnet volume from an EV powertrain and without compromising efficiency. For OEMs, these advancements could mean up to €50 million in cost savings for every million motors produced.

Large Language Models (LLMs) have made the headlines in recent years. Every media outlet, analyst, and company CEO has closely tracked how this innovation in artificial intelligence will change the status quo. However, while ChatGPT or DALL-E are impressive, we have to question whether the payoff for the financial investment and environmental strain is worth it.

Monumo is a British startup that blends advanced AI innovation with classical engineering acumen to reimagine the electric motor, and it has recently emerged from stealth mode.