Electreon Wins a Tender to Provide Road Charging Technology for a Project Funded by the German Government
ElectReon (TASE: ELWS) has been selected to provide its Wireless Electric Road Systems technology for the eCharge project, funded by the German Federal Government with €1.9 million. This collaboration includes major partners like Volkswagen and Eurovia, aiming to develop efficient inductive charging solutions for electric vehicles while driving. ElectReon will also establish a subsidiary in Germany, led by Dr. Andreas Wendt, to enhance its presence in the growing German market for wireless charging technology.
- Secured €1.9 million funding from the German Federal Government for the eCharge project.
- Collaboration with Volkswagen and Eurovia enhances credibility and market reach.
- Establishing a subsidiary in Germany positions ElectReon for growth in the European market.
- None.
BEIT YANAI, Israel, Feb. 3, 2021 /PRNewswire/ -- ElectReon (TASE: ELWS), which is developing and implementing Wireless Electric Road Systems (ERS) that wirelessly charge commercial and passenger electric vehicles while driving, announced today that it was selected to provide the technology for eCharge, a project funded by the Roads Innovation Program of the German Federal Highway Research Institute (BASt). The winning consortium includes Volkswagen and Eurovia.
The aim of the project is to develop an economical and functional solution for inductive charging of electric vehicles while driving. The project has received
ElectReon will act as a subcontractor providing the project with its leading wireless dynamic charging technology, as well as leading and supporting different project tasks. As part of the project, ElectReon will integrate its wireless vehicle receiver to a Volkswagen electric vehicle to be tested on the Electric Road.
A few subsidiaries of the global Vinci group are part of the consortium - EUROVIA Germany will lead the road construction task, the digital enterprise VIA IMC will manage the project, and Omexom will lead the grid connection task. Volkswagen will lead the vehicle task and Braunschweig University will lead the road materials and aging task.
The project will focus on testing issues such as road integrity, connection to a renewable energy source, the billing interface and the systems' integration with vehicles, as well as analyzing different business cases for the German mobility market. The wireless electric road will be built at DuraBASt, the German national road test facility, located near Cologne, Germany.
In addition, the Company announced it is establishing a local subsidiary in Germany, in light of the growing support from the German authorities for the advancement of wireless electric road technology. The current project joins the Company's further collaborations in Germany with Eurovia, and with the leading energy corporation, EnBW. Electreon's German subsidiary will be headed by Dr. Andreas Wendt, who in his last role led the wireless charging efforts of Toyota in Germany.
Enak Ferlemann, the State Secretary in the German Federal Ministry of Transport and Digital Infrastructure said: "The project aims to ascertain how German road infrastructure could be designed in a more modern way and how a charging facility could be integrated into the asphalt surface."
Ferlemann also stated: "Wireless charging which is already a reality for smartphones, so far is only a vision for e-vehicles. That is why we are now supporting the contactless charging of e-vehicles while driving - and all without overhead lines. This would not only extend the range for all vehicles immensely - from cars to heavy trucks, but also will save the trip to the charging station. It is a very exciting project for us!" concluded Mr. Ferlemann.
Dr. Nikolai Ardey, Head of Volkswagen Group Innovation commented, "Volkswagen relies on e-mobility like no other manufacturer and is consistently working on further technological developments in this area. Inductive charging offers a lot of potential here, as it can simplify the charging process considerably. In addition, this technology could, in principle, be used in all vehicle segments from cars to trucks. With this project, we want to understand the technology better and examine its possibilities in comparison to the alternatives. "
Oren Ezer, Co-founder and CEO of Electreon states,
"Electreon sees Germany as a global leader in fighting emissions from the transport sector and as an entry point to the European and global markets. Being part of this German government funded project will bring us one step closer to decarbonizing transportation in Germany and, ultimately, the world. With the support of our project partners that are global leaders in mobility innovation, we intend to show that wireless dynamic charging is the most holistic and cost-effective solution for charging electric vehicles and can accelerate the transition to clean mobility globally."
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SOURCE ElectReon
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