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ElectReon Wireless raises US$50 million in an equity offering

ElectReon Wireless, a leader in developing and implementing wireless charging for electric vehicles in motion, raises US$50 million in an equity offering to boost a global shift to the cleanest form of mobility – electric vehicles with minimal batteries.Some of Israel's biggest institutional Investors led the investment, such as Migdal, Psagot, Mor, Excellence, and Halman Aldubi, and leading hedge funds Alpha, Safra and Sphera, as well as Afcon Holdings which is the biggest EV charging player in Israel. ElectReon is expected to complete full commissioning of its demo projects in Tel Aviv

Successful start for world's first wireless electric road for trucks

Photo: John Norrby  ElectReon has completed a test of dynamic wireless charging of a 40 ton long haul electric truck on the island of Gotland, Sweden. This marks the world's first truck operations on a public wireless electric road and is an important milestone for the Smartroad Gotland project and for electric mobility. The test verified that the road infrastructure successfully functions in real life conditions and that the system is not affected by snow or rain. The test was conducted on a public stretch of electric road, that was deployed in November 2019, between the

Electric truck ready for dynamic wireless charging on public roads in Sweden

ElectReon has successfully managed to charge a fully electric 40-ton truck and trailer wirelessly at a test facility in Sweden. The next step is to charge the truck through dynamic wireless power transfer on a public road at Gotland, Sweden.The Smartroad Gotland project is the world's first wireless electric road system (ERS) for trucks and buses on public roads. ERS supports electric power transfer to vehicles while in motion and has great potential to decarbonize the transport sector and to increase energy efficiency with a reduced need of batteries. Smartroad Gotland is supported and

Installation of the world's first wireless electric road for trucks and buses begins today

Visby, 191113The Smartroad Gotland project will today install the first section of the world's first wireless electric road system (ERS) for trucks and buses on public roads. ERS supports electric power transfer to vehicle while in motion and have great potential to decarbonize the transport sector and to increase energy efficiency with a reduced need of batteries. Smartroad Gotland is supported and funded by the Swedish Road Administration and is led by ElectReon AB, a Swedish subsidiary of the Israeli company ElectReon Wireless. The goal of the project is to prove that ElectReon’s

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