Electreon completes acquisition of InductEV, establishing a global powerhouse in wireless EV charging

About this update from Electreon Wireless Ltd

The combined company unites high-power stationary and dynamic wireless technologies to provide fleet operators with a single, end-to-end platform for all electric vehicle use cases LOS ANGELES, March 10, 2026 /PRNewswire/ -- Electreon (TASE: ELWS), the global leader in dynamic wireless electric vehicle charging, today announced it has successfully closed the acquisition of InductEV Inc., the prominent U.S.-based provider of ultra-fast, high-power stationary wireless charging for heavy-duty transit and freight. By integrating InductEV's assets and intellectual property, Electreon now offers the industry's most comprehensive wireless portfolio, spanning passenger vehicles, light delivery vans, and heavy-duty class-8 trucks. This transaction combines two category leaders to simplify the transition to electric mobility for commercial fleets. Operators can now access a comprehensive suite of charging solutions for all the different charging use cases: in-road dynamic charging while driving, "opportunistic charging" or "top-up" charging during planned stops on the route, and overnight charging in depots and parking facilities. For every conductive charging solution (cable, trolley, or pantograph), Electreon has a superior, replaceable inductive solution. Key highlights for fleet operators What this means for fleet customers Existing and future customers will benefit from a streamlined technology roadmap and expanded deployment support. The acquisition secures a robust supply chain that balances Electreon's offshore manufacturing efficiencies with InductEV's Build America Buy America (BABA) compliant offerings. This ensures North American transit agencies and federal contractors can access wireless technology while remaining eligible for critical government funding and incentives. "Together with InductEV, we have created a truly global powerhouse," said Oren Ezer, CEO and Co-founder of Electreon. "This is a defining moment for the industry. By combining our proven dynamic wireless product with InductEV's leadership in ultra-fast stationary charging, we offer powerful synergies in manufacturing and technology. We are now the only partner capable of delivering a wireless solution for every charging scenario, helping fleets go electric without compromising their operations". "I have long bel...

View stock analysis, news, and events for Electreon Wireless Ltd