Electreon develops and implements wireless charging solutions for electric vehicles (EVs), enabling them to charge while in motion, when parked, or during brief stops. Founded in 2013 in Israel, the company has established itself as a significant innovator in wireless charging infrastructure. Through its pioneering wireless Electric Road Systems (ERS), Electreon addresses common EV adoption barriers such as range limitations and charging infrastructure costs. The company operates through a Charging as a Service (CaaS) model, removing upfront investment requirements for fleet operators while providing efficient, sustainable transportation solutions.
Battery Technology
Electreon’s wireless charging system consists of copper coils installed beneath the road surface, which transfer energy directly to receiving units installed on EVs. This infrastructure supports three charging modes: dynamic (while driving), semi-dynamic (slow-moving), and static (stationary). The technology is compatible with all types of electric vehicles, from passenger cars to heavy-duty trucks.
The system’s efficiency stems from its ability to charge vehicles continuously during operation, significantly reducing the need for large battery capacities in EVs. This approach not only decreases vehicle weight but also lowers manufacturing costs and environmental impact. The technology integrates with existing EV batteries through receivers that connect to standard battery systems, making it adaptable across different vehicle brands and models.
Electreon’s cloud-based management platform optimizes charging operations by monitoring energy transfer in real-time and adjusting power distribution based on vehicle needs. This smart system ensures efficient energy usage while maintaining optimal battery performance.
Recent Projects
In December 2023, Electreon launched the world’s first commercial wireless charging terminal for urban electric buses in Israel. The company also secured a significant project in Detroit, partnering with the State of Michigan and Xos Inc. to implement wireless charging solutions for commercial delivery vehicles at a UPS facility.
In early 2024, Electreon won Norway’s first electric road tender in Trøndelag County and expanded into the Chinese market through an agreement with the Shandong Innovation and Entrepreneurship Community. Additionally, SAE International selected Electreon’s wireless alignment methodology as a global standard, validating the company’s technical approach.
Investors
Yizhaq Hajaj stands as the largest shareholder with 14.3% ownership, followed by founders Oren Ezer and Hanan Rumbak, each holding 13.4%. Other significant investors include Yaron Jacobi (7.7%), Clal Insurance (7%), and Ran Belinkis (7%). Japanese automotive component manufacturer Denso has invested $10 million in the company, strengthening Electreon’s position in the Asian market.
Business Details
Location: Beit Yanai, Israel
Website: https://electreon.com
LinkedIn: https://www.linkedin.com/company/electreon
