Two leaders in the wireless electric vehicle charging sector, US-based InductEV and Israel’s Electreon, have initiated a major collaboration. The companies signed a Memorandum of Understanding to merge their distinct technologies, a move poised to create a comprehensive global platform for wireless charging. This partnership aims to combine InductEV’s expertise in high-power stationary charging for commercial fleets with Electreon’s established leadership in dynamic, in-road charging systems, potentially accelerating the adoption of wireless power for all types of electric vehicles.
The agreement, announced by Electreon on November 19, sets the stage for a definitive merger that would unite two primary forms of wireless charging technology. Electreon specializes in dynamic systems, which are embedded into roadways to charge vehicles as they are in motion. In contrast, InductEV focuses on ultra-fast static systems, which require a vehicle to be parked over a charging pad. The combined entity would offer a complete suite of wireless solutions, catering to virtually every charging scenario for both private and commercial customers.
InductEV has carved out a significant niche in the logistics and transportation sectors, particularly with electric drayage trucks used for short-distance hauling at seaports and distribution centers. The company’s technology allows these vehicles to “top off” their batteries in short bursts during natural pauses in their routes, such as driver rest breaks or while waiting at a warehouse dock. This method eliminates the need for dedicated, time-consuming stops at conventional charging depots, thereby increasing operational efficiency and vehicle utilization.
This approach to charging also presents significant hardware advantages. By enabling frequent, opportunistic charging, fleet vehicles can be equipped with smaller, lighter, and less expensive batteries. According to analysis from the U.S. Department of Energy’s National Renewable Energy Laboratory, this can reduce the upfront cost of electric trucks, lower the demand on charging infrastructure, and ease supply chain pressures related to critical minerals used in battery production.
By joining forces, the two companies plan to leverage InductEV’s strong position in the U.S. market and Electreon’s global leadership in dynamic charging. Oren Ezer, CEO of Electreon, stated that the goal is to create a “truly global powerhouse” for wireless EV charging. This collaboration capitalizes on the broader benefits of wireless technology, which include greater convenience for drivers, improved accessibility for individuals with mobility challenges, seamless integration with autonomous vehicles, and enhanced security compared to traditional plug-in chargers.