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BQ40Z80EVM-020: Error with connecting BQ40Z80EVM-020 to Battery Management Studio by TI

Part Number: BQ40Z80EVM-020
Other Parts Discussed in Thread: BQ40Z80, BQSTUDIO, EV2400

I recently got my hands on the BQ40Z80EVM-020 module and followed the procedure to download the Battery Management Studio which would help me to develop the board. I want to use the board to develop a BMS. I am now facing a lot of issues connecting the board with the Studio. After the startup, the board loses connection and I receive the error "No acknowledge from device". I have tried everything which was suggested in the FAQs but am still facing the same issue. I feel that the board is going into Auto Shutdown mode, as every time I open the Battery Management Studio, I have to wake the board up. The values of the voltages of the batteries also come up as blank or 0.

Any help on this matter would be appreciated.