Tele2 Gets IoT Deal From Elonroad

Tele2 (TLTZF.PK,TLTZY.PK), on Thursday, said it will provide its Internet of Things or IoT's platform for managing connected devices to Elonroad, which has developed technology for electric roads where electric vehicles can be charged while driving. Through Tele2's 2CONTROL, Elonroad will be able to monitor and manage its IoT subscriptions.

"Tele2 IoT is taking a step forward in the field of electric vehicle charging infrastructure and towards a sustainable automotive industry by providing connection of equipment to Elonroad," the company said.

The Sweden, Lund-based startup Elonroad has developed a solution where all kinds of electric vehicles - cars, buses, and trucks - regardless of manufacturer, can be charged while they are driving.

The company noted that the solution consists of a rail that is integrated with the road by being installed directly on the asphalt.

Karin Ebbinghaus, CEO of Elonroad, said, "Our smart electric road needs to be connected to the internet in order for us to be able to control, optimize, and collect payments from users. The agreement with Tele2 is business-critical for us on our continued journey."

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