E.ON acquires stake in U.S. software company Vinli and strengthens solution business for e-mobility

02/05/2019

  • Advanced driving comfort through intelligent data management
  • Cost reduction and new digital offerings for fleet management

The destination has just been typed into the navigation system, where the car already calculates when and where the battery needs to be charged. A slot at the charging station is booked at the same time. From now on, E.ON will be looking even more closely at these issues relating to the mobility of the future. E.ON is acquiring a stake in the U.S. software company Vinli. With this investment, E.ON is strengthening its expertise in digital solutions for electric mobility based on big data and advanced analytics.

The Dallas-based start-up operates the world’s first cloud-based platform for cars connected to the internet. Raw data from a variety of sources – both vehicle and non-vehicle data – is collected and processed to help enterprises and fleet owners to create new mobility services for the next era of the automotive industry. By also integrating data from E.ON’s charging infrastructure customers will be able to benefit from solutions tailored for electric fleets.

E.ON will make the advantages of the rapid progress of the Internet of Things and the exponentially growing data sources available to vehicle fleet operators in particular. A better and more effective driving experience or reward systems can make a contribution to significantly reducing the overall costs of maintaining and using vehicles. In the same way, insurance companies or car service companies can benefit from the data and the associated service offerings. E.ON is the first energy company with which Vinli cooperates.

“With the information from the car itself, we are closing a gap in our data world for e-mobility. By combining customer vehicle and network data, we can identify trends at an early stage and will continually create new digital mobility offerings for our customers. Beyond the competitive advantage, we see Vinli as an attractive investment. The company is the global innovation leader in a technology of the future,” says Frank Meyer, Senior Vice President Innovation and Customer Solutions at E.ON.

“The car of the future is electric, and the future gas station is a power plug. This new era will bring a massive wave of change to the industry, and the main enabler for this change is giving cars access to ubiquitous and fast charging infrastructure,” says Mark Haidar, CEO of Vinli. “We believe that Vinli’s mobility and data intelligence services, combined with E.ON’s electric grid management and charging solutions, will transform an industry and bring the world’s first end-to-end platform for managing electric cars – from mobility services to charging stations.”

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments.