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CHARGING ROBOTICS INC - FDOC STOCK NEWS

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Fuel Doctor Inc. (OTC: FDOC) is a Delaware corporation that owns Charging Robotics Ltd., an innovative company specializing in wireless charging solutions. Charging Robotics has recently achieved a significant milestone in wireless electricity transfer for electric vehicle charging, showcasing its proprietary control algorithms and resonance coil design. The company is currently piloting its wireless charging system in automatic car parks in Israel, aiming to offer a convenient solution for EV charging. With the global Automated Parking System market projected to grow significantly, Charging Robotics' wireless charging solution aligns with the rising demand for sustainable transportation options.

The successful installation of a 10kW wireless charging system in an automatic car park facility in Tel Aviv marks a major accomplishment for Charging Robotics. The system includes advanced managed charging capabilities and a user-friendly interface on the driver's smartphone for seamless operation. By addressing the challenge of charging EVs in automatic car parks, Charging Robotics aims to revolutionize the EV charging landscape with its innovative wireless solution.

Charging Robotics is committed to developing various automatic wireless charging solutions, including robotic and stationary systems for electric vehicles. The company's focus on providing convenient, efficient, and user-friendly charging solutions underscores its dedication to sustainable and eco-friendly transportation options.

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Charging Robotics Inc. (OTC: CHEV), a company specializing in wireless charging technologies for electric vehicles (EVs), will participate in the 30th ITS World Congress in Dubai from September 16-20, 2024. The company will join a delegation led by the Israel Export Institute, presenting its state-of-the-art EV charging technologies for Automatic Parking Systems (APS) at the event's roadshow.

Charging Robotics' advanced wireless charging systems integrate into automatic parking facilities, offering efficient charging solutions for EVs. The system uses machine learning and AI algorithms to optimize charging sequences based on factors like planned departure times, vehicle types, and driving habits. This technology addresses the growing demand for electricity in urban environments.

The ITS World Congress, expecting over 20,000 participants, is a premier global gathering for intelligent transportation systems and smart mobility solutions. Charging Robotics' participation aims to connect with key industry leaders shaping the future of transportation and smart cities.

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Charging Robotics (OTC: CHEV) announced that its affiliate, Revoltz (19.9% owned by Charging Robotics), is developing a new three-wheel e-cargo bike for European and UK markets. The bike features:

  • Enhanced stability and increased payload capacity
  • Advanced full-tilting suspension system
  • Compliance with European and UK regulations
  • Pedal and electric motor combination for eco-friendly transportation
  • Versatile configurations for various transportation needs

Revoltz expects the first prototype within three months and aims for commercialization in early 2025. The European e-cargo bike market is projected to grow from $1.05 billion in 2024 to $1.60 billion by 2029, indicating strong demand for sustainable urban transport solutions.

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Charging Robotics has announced its first commercial order for wireless EV charging systems in automatic car parks. The order, placed by Parking Design, consists of 12 systems to be deployed throughout 2025. This milestone marks a significant step in automated parking and EV charging technologies. Charging Robotics' advanced system uses AI and machine learning to manage EV charging efficiently based on various parameters. The global Automated Parking System market was valued at USD 1.8 Billion in 2022 and is projected to grow to USD 5.2 Billion by 2032. This development highlights the company's strategic growth in the expanding market.

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Charging Robotics announced the final development stages of an AI-based EV charging management system in collaboration with Make My Day. The system addresses the challenge of insufficient electricity for EV charging in automatic parking facilities using predictive machine learning and AI algorithms. It prioritizes charging sequences based on departure times, vehicle types, driving styles, and other parameters. This solution integrates seamlessly with Charging Robotics' UI and wireless charging system, recently piloted in Tel Aviv. The collaboration aims to optimize electricity use for EVs, enhancing value for future customers.

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Fuel Doctor Holdings, Inc. (FDOC) announces Revoltz 's completion of the first production batch of 50 micro-mobility electric vehicles for last-mile delivery market. Revoltz aims to sell 150 vehicles in the first year under a $2.7 million exclusive distribution agreement. The PORTO EV model offers functionality, sturdy design, and agility, optimized for local delivery market needs.
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Fuel Doctor Inc. subsidiary, Charging Robotics , completes first-ever installation of wireless charging system for automatic car parks in Tel Aviv. The system reaches 10kW charging power, offers managed charging capabilities, and user interface on driver's smartphone. The innovative solution aims to address the global challenge of charging electric vehicles parked in automatic car parks.
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Fuel Doctor Inc. (FDOC) Announces Revoltz Ltd. Launches Pre-Order for PORTO EV
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Fuel Doctor Inc. (FDOC) subsidiary, Charging Robotics, successfully completes milestone for wireless charging system in automatic car parks in Israel, paving the way for future EV charging. The global Automated Parking System market is expected to grow to USD 5.2 billion by 2032, creating potential for a more sustainable and efficient future for transportation.
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Fuel Doctor Inc. (OTC: FDOC) announced that its subsidiary, Charging Robotics Ltd., received funding from the Israel Innovation Authority for its pilot project to develop and demonstrate a wireless charging solution for electric vehicles in automated parking systems. The company secured approximately USD 445,000 in funding for the project, aiming to address the unmet need for charging EVs in automatic car parks. The global Automated Parking System market is expected to grow to USD 5.2 billion by 2032, with a CAGR of 11.4%, creating potential for a more sustainable and efficient future for transportation.
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Fuel Doctor Inc. (FDOC) announced that its subsidiary, Charging Robotics Ltd., received approval for funding from the Israel Innovation Authority for a pilot project to install and demonstrate wireless charging solutions for electric vehicles in automated parking systems. The total budget for the project is approximately NIS 1.2 million ($445,000), with 50% financing from the Israel Innovation Authority. The approval followed a rigorous due diligence process by the Israel Innovation Authority and the Israeli Ministry of Energy, aligning with the goals for EV market adoption.
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FAQ

What is the market cap of CHARGING ROBOTICS (FDOC)?

The market cap of CHARGING ROBOTICS (FDOC) is approximately 91.5K.

What is Fuel Doctor Inc.?

Fuel Doctor Inc. is a Delaware corporation that owns Charging Robotics Ltd., a company specializing in wireless charging solutions.

What milestone has Charging Robotics recently achieved?

Charging Robotics has successfully completed an important milestone in wireless electricity transfer for electric vehicle charging.

Where is Charging Robotics piloting its wireless charging system?

Charging Robotics is piloting its wireless charging system in automatic car parks in Israel.

What market trend does Charging Robotics' wireless charging solution align with?

Charging Robotics' wireless charging solution aligns with the projected growth of the global Automated Parking System market.

What milestone did Charging Robotics achieve in Tel Aviv?

Charging Robotics successfully installed a 10kW wireless charging system in an automatic car park facility in Tel Aviv.

CHARGING ROBOTICS INC

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