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Fuel Doctor Inc. (OTC: FDOC) announced that its subsidiary, Charging Robotics Ltd., received funding from the Israeli Innovation Authority for a pilot project to install and demonstrate wireless charging solutions for electric vehicles (EVs) in automated parking systems. The project is a collaboration with Parkomot Ltd, an Israeli APS market leader, and aims to address the growing need for charging EVs in automated parking systems. The Israeli Ministry of Energy supports the project, aligning with its goals for EV market adoption.
