Electreon signs MoU to acquire InductEV's assets, setting the stage for a global powerhouse in wireless EV charging future

About this update from Electreon Wireless Ltd

Should the parties sign a definitive agreement, the combined company will unite Electreon's stationary and dynamic wireless charging technology with InductEV's ultra-fast static systems, creating a unified platform with a complete range of wireless charging solutions. Key highlights: LOS ANGELES, Nov. 19, 2025 /PRNewswire/ -- Electreon (TASE: ELWS), the global leader in dynamic wireless electric vehicle charging, has signed an MoU to purchase the assets of U.S.-based InductEV Inc., the leading provider of ultra-fast, high-power static wireless charging systems for heavy-duty electric transit and freight fleets in North America. Once a definitive agreement is signed, the combined company will bring together Electreon's dynamic wireless charging and stationary high power technology, with InductEV's ultra-fast static systems and charging platform, creating a full range of wireless charging solutions for every EV use case, from passenger vehicles to vans to buses, heavy-duty trucks and autonomous vehicles. This unified portfolio simplifies and accelerates fleet electrification. Combining the two companies' wide portfolio of high-impact projects and partnerships, along with nearly 400 granted and pending patents, will significantly strengthen their leadership in North America and globally. Both companies already work closely with key vehicle OEMs—an advantage that accelerates integration and market adoption. Electreon also brings deep operational experience and highly cost-efficient manufacturing capabilities, adding significant value to InductEV's technology, and creating a competitive and scalable platform for wireless charging worldwide. "Together with InductEV, we are working to create a truly global powerhouse for wireless EV charging – a company unlike anything else in the market, offering wireless solutions for every charging scenario and for every type of customer and vehicle." Said Oren Ezer, CEO of Electreon  "We see this step as a defining moment for Electreon and for the global wireless charging industry. InductEV is the U.S. market leader in ultra-fast stationary wireless charging, and Electreon is the world leader in dynamic wireless charging with a proven, reliable product. This transaction will generate powerful synergies across our technologies, manufacturing capabilities, strategic partners, an...

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