TOM2 TomTom NV

TomTom Leads Automotive Charge Towards Electric Future with Enhanced EV Technology Suite

TomTom Leads Automotive Charge Towards Electric Future with Enhanced EV Technology Suite

  • TomTom unveils new super-accurate EV range prediction for in-dash navigation

  • TomTom EV suite now includes extensive EV routing and range features, an industry-leading number of EV charging points, and battery pre-conditioning support for optimized charging
  • First EVs equipped with latest technology suite to hit the road around the globe this year

AMSTERDAM, May 19, 2021 (GLOBE NEWSWIRE) -- TomTom () today reinforced its commitment to a cleaner world by driving the EV revolution forward together with partners and innovative technology. TomTom has unveiled a roster of enhancements to its electric vehicle (EV) suite including upgraded range and routing features, and industry-leading . This follows today’s announcements of collaboration with Hubject and Eco-Movement – that will improve the EV driving experience. The new will be available in select electric models from TomTom customers already later this year via an over-the-air-update, and will be further enhanced with the introduction of the cloud-native .

“If we want a future with cleaner air, we need to drive the electric vehicle revolution from the front. That means reducing the barriers to people choosing electric vehicles and having a 360° approach to EVs that differentiates us from the competition,” said Antoine Saucier, Managing Director, TomTom Automotive. “It’s no surprise that our extensive suite of deeply-integrated EV location-enabled technologies continues to be selected by leading automakers to power this EV revolution.”

TomTom’s EV range prediction factors in current and maximum battery level, driving speed, road type and gradient, as well as historic and real-time traffic data. While many electric models’ range prediction fluctuates greatly, overestimating and then underestimating range by more than 30%, TomTom has demonstrated with a partner OEM single-digit range accuracy for a 180 km trip. This super accurate EV range prediction, elegantly visualized on TomTom’s map, will provide drivers with a new-found assurance on how far their car will get them.

A full charge is not always enough for a long trip. Knowing when and where to charge and for how long can be very complex. TomTom’s latest long-distance EV routing automatically provides drivers with optimized routes based on the range and recharging behavior of the vehicle, the traffic situation on the road, and real-time charging point information from TomTom’s industry-leading charging point database. Recharging typically doesn’t happen at the same speed, meaning multiple shorter stops might be faster. TomTom’s routing for EVs offers drivers a seamless experience, calculated in the blink of an eye, that gets the driver to their destination fastest, whether inside or outside of range for a single charge.

TomTom Navigation for Automotive is TomTom’s latest navigation solution. It is a hybrid solution that offers deeper vehicle integration than ever before. For EVs, this solution brings the advantage of supporting functions like battery pre-conditioning with information on upcoming charging. This allows the vehicle to prepare its battery for optimal fast-charging performance, helping users spend less time waiting at a fast-charger, improving battery life, and lowering total costs of ownership.

As with TomTom Navigation for Automotive, TomTom’s EV suite is available as easy-to-use APIs for simple companion app and webpage integration, enabling OEMs and e-mobility partners to build consistent, branded experiences.

Drivers can also find available EV charging points on the TomTom GO Navigation app (available for download via , and ), and on TomTom’s newest and most powerful sat nav: the .

About TomTom:

At TomTom we’re mapmakers, providing location technology for drivers, carmakers, enterprises and developers.

Our highly accurate maps, navigation software, real-time traffic information and APIs enable smart mobility on a global scale, making the roads safer, the drive easier and the air cleaner.

Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of drivers, businesses and governments worldwide.

For further Information:

Media:

Investor Relations:

A photo accompanying this announcement is available at



EN
19/05/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TomTom NV

TomTom N.V.: 1 director

A director at TomTom N.V. bought 16,224 shares at 5.130EUR and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

 PRESS RELEASE

TomTom maps to support Qualcomm Aware Platform

TomTom maps to support Qualcomm Aware Platform Qualcomm to utilize TomTom’s global map data to assist in providing efficient, secure, and comprehensive asset tracking solutions worldwide.Combining Qualcomm’s broad array of connected devices and TomTom’s mapmaking expertise provides a fully integrated, flexible platform to meet various asset visibility needs and address the most challenging use cases across industries. AMSTERDAM, April 30, 2024 (GLOBE NEWSWIRE) -- TomTom () the location technology specialist today announced it has been selected by a global leader in wireless technology...

Marc Hesselink ... (+3)
  • Marc Hesselink
  • CFA
  • Thymen Rundberg

TomTom/Binary outcome/HOLD

We see a binary outcome for the TomTom investment case. The company highlights commercial traction with the new Orbis map platform but we did not see tangible proof of this yet. Given the high fixed cost base and consequently high operational leverage this commercial traction is key and is the difference between low growth or high growth and cash generation. We remain in the middle but believe that the current 2025 ambition is too demanding. We reiterate our HOLD and cut our target price to €6.0...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

ASML: 1Q24 Results; weak orders but case intact. CM.com: Reasonable 1Q24 trading update, positive EBITDA surprise. Just Eat Takeaway.com: 1Q24 trading update - slowly creeping back to order growth. Staffing: Dutch period 3 - March volume and revenue seeing slight recovery in the trend. TomTom: 1Q24 results - touch weaker but no major surprises

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

ASML: Preview 1Q24 – Building momentum. Fastned: Preview 1Q24 trading update. TomTom: Preview 1Q24, limited changes vs FY23. Xior Student Housing: Final formal step for the Basecamp deal

ResearchPool Subscriptions

Get the most out of your insights

Get in touch