Wireless EV charging is about much more than convenience. The true benefits are seen in the commercial EV market. As InductEV’s then-president M. David Dealy explained to Charged in a 2024 interview, inductive charging can enable EV fleets to deliver the same service with smaller batteries, reduce vehicle costs, and extend battery life.
Now two major players in the wireless charging field are planning to combine. Dynamic wireless electric vehicle charging provider Electreon has signed an MoU to purchase the assets of InductEV.
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,” Electreon tells us.
Both companies already work closely with various vehicle OEMs. Electreon boasts “deep operational experience and highly cost-efficient manufacturing capabilities,” which are expected to add significant value to InductEV’s technology.
“Together with InductEV, we are working to [offer] wireless solutions for every charging scenario and for every type of customer and vehicle,” said Oren Ezer, CEO of Electreon. “InductEV is the US market leader in ultra-fast stationary wireless charging, and Electreon is the world leader in dynamic wireless charging. This transaction will generate powerful synergies across our technologies, manufacturing capabilities, strategic partners and customer bases.”
“I’ve long believed that wireless charging will redefine how fleets operate,” said John F. Rizzo, CEO of InductEV. “Electreon shares that vision and brings the global reach and dynamic technology to make it a reality.”
Source: Electreon Wireless
