Company Description
Electreon Wireless Ltd (ELWSF) is described in multiple company communications as a developer and provider of wireless charging solutions for electric vehicles (EVs). The company focuses on wireless Electric Road Systems and related infrastructure that can charge commercial and passenger EVs while they are driving (dynamic charging) and while they are parked or stopped (static charging). Electreon’s proprietary inductive technology is designed to eliminate range anxiety, reduce required battery capacity, and lower the total cost of EV ownership by embedding charging capability into roads, depots, and terminals.
Electreon appears on the Tel Aviv Stock Exchange under the symbol TASE: ELWS, and its shares also trade over-the-counter under the symbol ELWSF. Company press releases describe Electreon as operating projects in several countries, collaborating with public transport operators, infrastructure partners, and vehicle manufacturers to deploy its wireless charging systems.
Core business and technology
According to Electreon’s own descriptions, the company develops Wireless Electric Road Systems (ERS) and related wireless charging infrastructure. These systems use inductive charging coils embedded in road surfaces or beneath parking bays, together with vehicle-mounted receivers, to transfer energy wirelessly. Electreon reports that its technology can charge EVs:
- Dynamically – while vehicles drive over electrified road segments
- Statically – while vehicles are parked or stopped at terminals, depots, or passenger bays
The company states that this approach supports shared mobility, public transit fleets, commercial fleets, and autonomous vehicles. By integrating charging into existing road and terminal infrastructure, Electreon aims to support continuous operation with smaller batteries and fewer long charging stops.
Projects and geographic footprint
Electreon’s press releases describe a growing portfolio of real-world deployments and pilots. The company reports that it:
- Operates projects in countries including Israel, Germany, Italy, Sweden, France, Norway, and the United States, with project counts in the range of more than a dozen sites across multiple releases.
- Has entered the Chinese market through a memorandum of understanding with the Shandong Innovation and Entrepreneurship Community for International Science and Technology Cooperation (SITEC), focused on Shandong province.
- Manages wireless charging projects for urban bus fleets, such as terminals and depots in Rosh HaAyin and Petah Tikva in Israel, in collaboration with public transportation operator Electra Afikim.
- Participates in government-supported pilots, including projects funded by the German Federal Highway Research Institute (BASt) and initiatives with the Michigan Department of Transportation in the U.S.
In several communications, Electreon notes that it works with more than 100 partners and runs projects across multiple countries, indicating an international deployment footprint for its wireless charging technology.
Business model and customers
Electreon states that it collaborates with cities and fleet operators using a direct sales model and a Charging as a Service (CaaS) model. Under these approaches, the company provides end-to-end charging infrastructure and services tailored to the needs of shared mobility, public transit, and commercial fleet operators. In some projects, Electreon describes itself as a turnkey provider, responsible for system design, installation, electrical infrastructure, roadworks, and long-term operation and maintenance of the wireless charging systems.
Company releases also highlight cooperation with vehicle manufacturers (OEMs), including integration of Electreon’s vehicle receivers into electric buses and other vehicles. In certain projects, bus manufacturers have completed regulatory approval processes for vehicles equipped with Electreon’s receivers, positioning the technology as an off-the-shelf option for OEMs.
Technology recognition and standards
Electreon’s wireless in-road charging technology has been named one of the world’s top 100 inventions by Time Magazine, according to multiple company announcements. The company also reports that:
- Its Differential Inductive Positioning System (DIPS), developed with MAHLE, has been selected by SAE International’s Wireless Power Transfer & Alignment Taskforce as the alignment methodology for the SAE J2954 standard for wireless charging.
- It has achieved ISO/SAE 21434 certification for cybersecurity engineering in vehicles, covering cybersecurity throughout the lifecycle of its charging system.
These developments position Electreon’s technology within emerging global standards for wireless power transfer and automotive cybersecurity, as described in the company’s own communications.
Selected project examples
Company news highlights several notable deployments and agreements:
- Bus depots and terminals in Israel: Electreon completed what it describes as the world’s first commercial wireless charging terminal for parked urban electric buses in Rosh HaAyin, Israel. The system provides stationary wireless charging in parking bays during day and night operations for a fleet of buses operated by Electra Afikim. A subsequent project at the Ovnat terminal in Petah Tikva is planned to embed wireless charging beneath passenger bays, enabling automatic charging during boarding, drop-off, and short stops.
- Electric Road in Tel Aviv: Electreon reports successful operation of a bus charged via an electric road segment in Tel Aviv, where coils embedded in the road and a static charging station at the terminal supply energy while the bus is moving and while it is standing.
- German eCharge project: The company was selected to provide wireless dynamic charging technology for the eCharge project funded by the German Federal Highway Research Institute, working alongside partners such as Volkswagen and Eurovia.
- U.S. wireless charging road: Electreon’s technology was used in a pilot that enabled what is described as the first public wireless EV charging road in the United States, in collaboration with the Michigan Department of Transportation and other partners.
- China market entry: Through an MoU with SITEC in Shandong province, Electreon plans phased deployment of dynamic road charging segments, stationary charging stations, and integration of its technology into buses and trucks from Chinese manufacturers, according to the company’s announcement.
Planned combination with InductEV assets
In a later press release, Electreon announced that it has signed a memorandum of understanding (MoU) to purchase the assets of U.S.-based InductEV Inc., described there as a provider of ultra-fast, high-power static wireless charging systems for heavy-duty electric transit and freight fleets in North America. The company states that, if a definitive agreement is signed and the transaction is completed, the combined platform would unite Electreon’s dynamic and stationary high-power wireless charging technologies with InductEV’s ultra-fast static systems, supported by a portfolio of existing and pending patents. The company notes that completion of this transaction is subject to due diligence, final agreements, and regulatory approvals.
Software and data capabilities
Electreon describes a software platform—referred to in some communications as Electreon Flow—that connects road and charging data to manage vehicles, energy, and charging operations. The platform is used to monitor and analyze fleet metrics such as driving speed, vehicle counts, and operational data, and to prioritize charging during off-peak hours. This software is presented as a tool for efficient fleet management and cost-optimized charging.
Position within the EV ecosystem
Across its announcements, Electreon presents itself as a participant in the broader shift toward electrified transportation. Its wireless charging systems are positioned as an alternative or complement to plug-in charging, particularly for fleets that benefit from frequent, short charging opportunities and reduced dependence on large batteries. The company’s collaborations with public agencies, infrastructure operators, and OEMs, as described in its own releases, suggest a focus on integrating wireless charging into public roads, depots, and transit networks.
Investor considerations
For investors researching ELWSF stock, Electreon’s publicly available descriptions emphasize:
- A focus on wireless charging infrastructure for EVs, including dynamic and static systems.
- International pilot and commercial projects with public transport operators and government-backed programs.
- Engagement with global standards bodies and achievement of recognized certifications.
- A business model centered on infrastructure deployment and services for fleets and cities, including Charging as a Service arrangements.
There are no U.S. SEC filings provided in the data above, so investors may need to consult other regulatory or exchange disclosures for additional financial and governance information.
FAQs about Electreon Wireless Ltd (ELWSF)
- What does Electreon Wireless Ltd do?
Electreon develops and provides wireless charging solutions for electric vehicles. According to its own descriptions, the company’s inductive technology enables EVs to charge while driving over electrified road segments and while parked or stopped at terminals, depots, and other locations. - How does Electreon’s wireless charging technology work in general terms?
Company materials describe coils embedded in the road or beneath parking bays that transfer energy wirelessly to receivers installed on vehicles. This allows energy transfer both dynamically, as vehicles move over the coils, and statically, when vehicles are parked or stopped above the charging infrastructure. - Which types of customers does Electreon target?
Electreon states that its infrastructure is designed for shared mobility services, public transit operators, commercial fleets, and autonomous fleets. It collaborates with cities, fleet operators, and vehicle manufacturers to deploy its systems. - In which regions does Electreon report having projects?
Based on company announcements, Electreon operates or has operated projects in Israel, Germany, Italy, Sweden, France, Norway, the United States, and China, among other locations referenced through specific pilots and agreements. - What business models does Electreon use?
Electreon describes working through a direct sales model and a Charging as a Service (CaaS) model. In some projects it acts as a turnkey provider, handling design, installation, infrastructure works, and long-term operation and maintenance of the wireless charging system. - Has Electreon’s technology received external recognition?
Yes. Company communications state that Electreon’s wireless in-road charging technology was named one of the world’s top 100 inventions by Time Magazine. Its wireless alignment methodology DIPS has been selected for the SAE J2954 standard, and the company reports achieving ISO/SAE 21434 cybersecurity certification. - What is the significance of Electreon’s memorandum of understanding with InductEV?
Electreon announced an MoU to purchase the assets of InductEV Inc., which it describes as a provider of ultra-fast static wireless charging systems for heavy-duty fleets in North America. The company states that, if completed, the transaction would combine dynamic and stationary wireless charging technologies, subject to due diligence, final agreements, and regulatory approvals. - How does Electreon describe the benefits of its wireless charging systems?
In its releases, Electreon highlights potential benefits such as reduced range anxiety, lower battery capacity requirements, extended daily driving range for fleets, reduced need for long charging stops, and the ability to support continuous operation of public transit and commercial vehicles. - Does Electreon have a role in EV charging standards?
Yes. Electreon reports that its Differential Inductive Positioning System, developed with MAHLE, has been selected as the alignment methodology for the SAE J2954 wireless charging standard. The company also notes that its technology is used in projects that inform public policy and funding programs for wireless Electric Road Systems. - Where can investors find regulatory filings for Electreon?
The information provided here does not include any U.S. SEC filings for Electreon Wireless Ltd. Investors interested in ELWSF may need to review disclosures from the Tel Aviv Stock Exchange or other regulatory sources for detailed financial and corporate information.
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No SEC filings available for Electreon Wirels.