Electreon’s Smartroad Gotland project, the world’s first wireless electric road for trucks and buses, was honored among other bold innovations in the prestigious transportation category.
BEIT YANAI, Israel, [May 3, 2022] — Electreon (TASE: ELWS.TA), the leading provider of wireless and in-road wireless electric vehicle (EV) charging technology, today announced its Smartroad Gotland project has been selected as a finalist in the transportation category as part of Fast Company’s 2022 World Changing Ideas Awards. The project, which demonstrates Electreon’s Electric Road System (ERS) at scale, was evaluated by a panel of Fast Company editors and reporters based on its feasibility, innovation, and potential for impact.
Electron’s charging infrastructure, which can wirelessly charge EVs while in-motion and stationary, is one of the first in the world to be successfully demonstrated on public roads. The company is actively operating pilots in Germany, Italy, Israel and Sweden, and is preparing to execute first-of-their-kind pilots in the U.S. In each deployment, Electreon provides accessible and flexible charging options that meet the unique needs of EV fleet operators in a wide range of urban mobility, transit and logistics services. This enables frequent ‘top-up’ charging throughout any fleet’s operational hours and converts idle time into charging opportunities. When EVs operate 24/7, fleet owners require fewer vehicles in their fleet, there is no interruption to workflow, and fleet owners save on labor costs.
The ERS at the Smartroad Gotland project is a one-mile stretch of road between the airport and city center in Sweden, and has been operating for over two years. It successfully charges a fully electric, 40-ton truck and trailer, and an electric airport shuttle bus as it transports passengers, delivering extended range that enables the vehicles to operate for longer periods of time. The project was recently extended one year and will soon include Electreon’s software capabilities, such as its billing feature, which enables Electreon to invoice vehicle subscribers using the ERS.
“We are honored that Electreon’s wireless charging technology has been recognized by Fast Company for the key role it plays in accelerating the shift to electric mobility,” said Oren Ezer, CEO of Electreon. “The Smartroad Gotland project demonstrates how wireless charging is a viable option to provide fleet operators and cities with a convenient, cost-efficient, and sustainable way to shift towards an electric future. As knowledge spreads of our successful projects, we hope that governments in Sweden and all over the world will continue to invest in wireless charging roads for the good of society and the planet.”
About Electreon
Electreon is the leading provider of wireless charging solutions for electric vehicles (EVs), providing end-to-end charging infrastructure and services to meet the needs and efficiency demands of shared, public and commercial fleet operators and consumers. The company’s proprietary inductive technology dynamically (while in motion) and statically (while stopped) charges EVs quickly and safely, eliminating range anxiety, lowering total costs of EV ownership, and reducing battery capacity needs—making it one of the most environmentally sustainable, scalable, and compelling charging solutions available today. Electreon works with municipalities and fleet operators on a charging as a service (CaaS) platform that enables cost-effective electrification of public, commercial, and autonomous fleets for smooth and continuous operation. For more information, visit electreon.com.
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