TRONITY powers customers to get
the most out of their electric vehicles
Sara Palmbush
February 1, 2023
Mobility, Startups, Digitalisation,
The International Energy Agency (IEA) predicts that by the end of the decade electric cars will represent more than 60 percent of all vehicles sold. Each of these electric cars requires upkeep — but the landscape for such services is still evolving. That’s where TRONITY comes in.
TRONITY
… started by software veterans Nils Machner, Chief Operating Officer, Sebastian Netuschil, Chief Technology Officer, and Torsten Born, Chief Executive Officer, in Mannheim in 2020, now manages the world’s largest virtual and diversified electric vehicle fleet, with more than ten million journeys recorded.
Secret Sauce: Agnostic Data
What makes TRONITY unique is its agnostic data collection. While car makers can offer software to monitor battery usage and the health of their own vehicles, the opportunity to compare the performance of one car maker with another, or to see how other owners of the same vehicle can better utilize a certain model, has been a blind spot in the industry. TRONITY is changing that.
«Our software allows users to pick up this sort of information and potentially preserve their electric vehicles longer.»
Nils Machner, Co-Founder TRONITY
Grassroots efforts bring rapid growth
The fact that they have been able to grow so quickly in only three years is down to their grassroots efforts to educate electric car users themselves. In fact, their first marketing efforts involved placing stickers on charging stations in key German cities. It worked.
“Most drivers don’t realize, for example, that charging a battery slowly will give them a longer battery life,” says Nils. “Our software allows users to pick up this sort of information and potentially preserve their electric vehicles longer.”
The startup is seeing interest beyond the German market further into the European Union, the Nordics and the UK. And according to TRONITY’s CEO, Born the focus is firmly on people who drive electric vehicles, whether they are private individuals, members of a vehicle fleet or self-employed.
Advancing the Mobility Ecosystem
«TRONITY is an ideal fit with the Mobility ecosystem of Baloise, says Patrick Wirth, Head of Mobility Unit, “Thanks to TRONITY, Baloise can offer unique solutions not only for its insurance customers but also for the ecosystem customers of the peer-to-peer car sharing company GoMore and the MOBIKO travel management platform.”»
Patrick Wirth, Head Mobility Ecosystem Baloise
Making the most of electric
Continues Wirth: “Electric vehicles open up a whole host of opportunities that are not possible with a conventional means of transport, such as using energy from the vehicle owner’s own solar panels, making the car part of a decentralized electricity storage system, and trading greenhouse gas reduction quotas (GHG quotas).
Baloise’s backing of TRONITY comes on the heels of its most recent investment in collaborative mobility data platform maker, Vianova and provides an important addition to its growing mobility ecosystem.
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Disclaimer
Baloise Holding AG published this content on 01 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2023 06:17:12 UTC.
Publicnow 2023
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Technical analysis trends BLOISE HOLDING AG
| Short Term | Mid-Term | Long Term | |
| Trends | Bullish | Neutral | Neutral |
Income Statement Evolution
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Sell  Buy |
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| Mean consensus | HOLD |
| Number of Analysts | 6 |
| Last Close Price | 150,10 CHF |
| Average target price | 157,60 CHF |
| Spread / Average Target | 5,00% |
