Electreon Wireless Ltd.

The combined company unites high-power stationary and dynamic wireless technologies to provide fleet operators with a single, end-to-end platform for all electric vehicle use cases

LOS ANGELES, March 10, 2026 /PRNewswire/ -- Electreon (TASE: ELWS), the global leader in dynamic wireless electric vehicle charging, today announced it has successfully closed the acquisition of InductEV Inc., the prominent U.S.-based provider of ultra-fast, high-power stationary wireless charging for heavy-duty transit and freight. By integrating InductEV's assets and intellectual property, Electreon now offers the industry's most comprehensive wireless portfolio, spanning passenger vehicles, light delivery vans, and heavy-duty class-8 trucks.

This transaction combines two category leaders to simplify the transition to electric mobility for commercial fleets. Operators can now access a comprehensive suite of charging solutions for all the different charging use cases: in-road dynamic charging while driving, "opportunistic charging" or "top-up" charging during planned stops on the route, and overnight charging in depots and parking facilities. For every conductive charging solution (cable, trolley, or pantograph), Electreon has a superior, replaceable inductive solution.

Key highlights for fleet operators

• Maximum operational uptime: Charge vehicles seamlessly along the route to eliminate the need for dedicated charging stops, effectively transforming transit time into 'mileage top-up' opportunities.
• No range anxiety: Nearly unlimited range is enabled by proper route design, even with smaller and less expensive batteries.
• Safe and hassle-free: A hands-free charger provides increased safety for drivers in all weather conditions, eliminating the need to handle wearable cables and connectors.
• Reduced total cost of ownership (TCO): Enables fleets to use smaller, lighter batteries, increasing payload capacity and reducing vehicle purchase prices.
• Integrated infrastructure: A comprehensive platform that supports diverse fleets—from transit buses to freight trucks—leveraging specialized in-ground technology for every use case.
• IP leadership: Unites nearly 400 granted and pending patents, creating the world's most advanced wireless energy transfer R&D engine.
• Grid efficiency: Integrated Flow software optimizes energy delivery to avoid peak-demand charges and costly utility upgrades.

What this means for fleet customers

Existing and future customers will benefit from a streamlined technology roadmap and expanded deployment support. The acquisition secures a robust supply chain that balances Electreon's offshore manufacturing efficiencies with InductEV's Build America Buy America (BABA) compliant offerings. This ensures North American transit agencies and federal contractors can access wireless technology while remaining eligible for critical government funding and incentives.

"Together with InductEV, we have created a truly global powerhouse," said Oren Ezer, CEO and Co-founder of Electreon. "This is a defining moment for the industry. By combining our proven dynamic wireless product with InductEV's leadership in ultra-fast stationary charging, we offer powerful synergies in manufacturing and technology. We are now the only partner capable of delivering a wireless solution for every charging scenario, helping fleets go electric without compromising their operations".

"I have long believed that wireless charging is the key to redefining how fleets operate," said John F. Rizzo, CEO of InductEV. "By joining Electreon, we are combining world-class innovation with global reach. Our North American and European customers now have a clear, scalable path to sustainable, hands-free power that works at the speed of their business".

Experience the future at ACT Expo 2026

Electreon will showcase the full combined product portfolio at the Advanced Clean Transportation (ACT) Expo in Las Vegas, May 4–7, 2026.

• Come see us at ACT Expo: Visit the Electreon team to experience live demonstrations of our wireless technology and discuss your fleet's electrification roadmap.
• Secure a meeting: We invite fleet operators and partners to schedule a 1:1 meeting with our experts in advance to discuss specific project requirements, sign up here.

A unified technology scope

The integrated product suite covers the entire operational spectrum:

• LINE (Dynamic): Charges vehicles at high speeds on highways and urban corridors.
• DASH (Semi-Dynamic): Provides high-power "burst" charging at stop-and-go locations like taxi queues, bus stops, and traffic lights.
• DOT (Stationary): Delivers automatic, hands-free charging for parked vehicles in depots and logistics hubs.
• Ultra DOT (Ultra-Fast Stationary): Specialized high-power, hands-free charging for heavy-duty transit and freight, powered by InductEV technology.

About Electreon 

Electreon is the leading provider of wireless charging solutions for electric vehicles (EVs), providing end-to-end infrastructure and services for shared, public, and commercial fleet operators. The company's proprietary inductive technology charges EVs quickly and safely both while driving and parked, eliminating range anxiety and reducing battery costs. Electreon manages nearly 30 projects in 9 countries with more than 100 partners. For more information, visit www.electreon.com.

About InductEV 

InductEV is a pioneer in high-power, hands-free wireless charging for commercial fleets. Headquartered in King of Prussia, PA, the company's ultra-fast stationary systems are proven in heavy-duty transit and freight deployments across North America and Europe. InductEV's technology was named one of Time Magazine's Best Inventions of 2024.

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SOURCE Electreon Wireless Ltd

Should the parties sign a definitive agreement, the combined company will unite Electreon's stationary and dynamic wireless charging technology with InductEV's ultra-fast static systems, creating a unified platform with a complete range of wireless charging solutions. 

Key highlights:

• End-to-end platform: Combines Electreon's dynamic and mid-and high-power stationary charging solutions with InductEV's ultra-fast static systems, to deliver the world's most advanced and complete wireless charging offering.
  
  
• Global  growth: The full range of wireless charging products will support the expansion of wireless charging projects around the world.
  
  
• Innovation strength: Unites around 400 existing and pending patents and proven field experience to make EV charging smarter, faster, scalable and more economical.
  
  

LOS ANGELES, Nov. 19, 2025 /PRNewswire/ -- Electreon (TASE: ELWS), the global leader in dynamic wireless electric vehicle charging, has signed an MoU to purchase the assets of U.S.-based InductEV Inc., the leading provider of ultra-fast, high-power static wireless charging systems for heavy-duty electric transit and freight fleets in North America.

Once a definitive agreement is signed, the combined company will bring together Electreon's dynamic wireless charging and stationary high power technology, with InductEV's ultra-fast static systems and charging platform, creating a full range of wireless charging solutions for every EV use case, from passenger vehicles to vans to buses, heavy-duty trucks and autonomous vehicles. This unified portfolio simplifies and accelerates fleet electrification.

Combining the two companies' wide portfolio of high-impact projects and partnerships, along with nearly 400 granted and pending patents, will significantly strengthen their leadership in North America and globally. 

Both companies already work closely with key vehicle OEMs—an advantage that accelerates integration and market adoption. Electreon also brings deep operational experience and highly cost-efficient manufacturing capabilities, adding significant value to InductEV's technology, and creating a competitive and scalable platform for wireless charging worldwide.

"Together with InductEV, we are working to create a truly global powerhouse for wireless EV charging – a company unlike anything else in the market, offering wireless solutions for every charging scenario and for every type of customer and vehicle." Said Oren Ezer, CEO of Electreon  "We see this step as a defining moment for Electreon and for the global wireless charging industry. InductEV is the U.S. market leader in ultra-fast stationary wireless charging, and Electreon is the world leader in dynamic wireless charging with a proven, reliable product. This transaction will generate powerful synergies across our technologies, manufacturing capabilities, strategic partners, and customer bases – and the decision by InductEV's shareholders to invest in Electreon is a tremendous vote of confidence in our shared vision."

"I've long believed that wireless charging will redefine how fleets operate. Electreon shares that vision and brings the global reach and dynamic technology to make it a reality," said John F. Rizzo., CEO of InductEV"Together, we're combining world-class innovation with real-world experience to deliver even greater value to our North American and European customers and accelerate the shift to wireless power for sustainable commercial transportation." 

Completion of the transaction remains subject to due diligence, final agreements, and regulatory approvals.

About Electreon
Electreon is a world-leading innovator in wireless charging for electric vehicles. Its groundbreaking solution transforms roads into wireless charging platforms, enabling vehicles to charge while parked or in motion. The modular infrastructure is compatible with all EV types, allowing multiple vehicles to share the same charging system. This versatile technology supports urban electrification and fleet management, reduces battery capacity needs, and offers one of the most cost-effective, sustainable charging solutions available. Electreon's Flow software—the first to connect road and charging data— intelligently manages vehicles, energy, and charging operations—optimizing performance across entire fleets. Electreon manages nearly 30 projects in 9 countries with more than one hundred partners—and has a particularly strong footprint in Europe.

For more information, visit www.electreon.com
Email: info.us@electreon.com

About InductEV
InductEV is revolutionizing commercial EV fleets through high-power, hands-free wireless charging solutions. Proven in deployments across North America and Europe, the company's solution is ideal for addressing the demanding schedules and operational requirements of urban transit systems. Headquartered in King of Prussia, PA, InductEV is a global leader driving the adoption of wireless EV charging and intelligent energy management solutions. InductEV's wireless technology was named one of the world's top 100 inventions for 2024 by Time Magazine. Learn more at: www.inductev.com

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SOURCE Electreon Wireless Ltd