Company Description
Electreon Wireless Ltd (ELWSF) is an Israeli technology company pioneering wireless electric vehicle charging infrastructure. The company develops and deploys inductive charging systems that allow electric vehicles to charge while stationary or in motion, eliminating the need for traditional plug-in charging stations.
Wireless Charging Technology
Electreon's core technology embeds copper coils beneath road surfaces that transfer energy wirelessly to receiver units installed on vehicles. This approach addresses a fundamental limitation of electric vehicle adoption: range anxiety and charging infrastructure constraints. By enabling dynamic charging while vehicles are in motion, the technology could extend effective vehicle range indefinitely on equipped routes.
Business Model and Market Position
The company operates in the emerging wireless EV charging sector, targeting public transit operators, logistics companies, and municipalities seeking to electrify vehicle fleets without extensive charging station networks. Electreon's systems are designed for buses, trucks, and passenger vehicles, with a focus on fleet applications where predictable routes maximize the technology's efficiency.
Revenue generation comes from infrastructure installation projects, technology licensing, and ongoing service agreements. The company works with transit authorities and fleet operators to deploy charging infrastructure along high-traffic corridors, bus routes, and logistics hubs.
Geographic Operations
Headquartered in Israel, Electreon has deployed pilot projects and commercial installations across multiple countries. The company's technology has been tested and implemented in transit systems, demonstrating viability for commercial bus depot charging and on-route wireless charging applications.
Industry Context
Wireless EV charging represents a niche but growing segment within the broader electric vehicle infrastructure market. While plug-in charging stations dominate current infrastructure, wireless solutions offer advantages for commercial fleets requiring minimal downtime. The technology competes with battery swapping, ultra-fast charging, and extended-range battery development as solutions to EV range limitations.
Regulatory and Standards Compliance
The company pursues automotive industry certifications and standards compliance to facilitate adoption by major vehicle manufacturers. Achieving recognized safety and cybersecurity standards positions the technology for integration into production vehicles from established automakers.
Investment Considerations
As a micro-cap technology company in an emerging sector, Electreon carries risks typical of early-stage infrastructure technology firms. Commercial viability depends on continued demonstration project success, automaker adoption of receiver technology, and favorable economics compared to alternative charging solutions. The company trades on OTC markets in the United States and is primarily listed on the Tel Aviv Stock Exchange.
Stock Performance
Latest News
SEC Filings
No SEC filings available for Electreon Wirels.