Electreon, a developer of dynamic wireless charging for electric vehicles, has signed an MoU to purchase the assets of InductEV Inc., a US company that provides high-power static wireless charging systems for heavy-duty electric transit and freight fleets in North America.
As EV adoption increases, especially in commercial and heavy-duty applications, the agreement reflects growing interest in charging approaches that address operational uptime and depot constraints.
If a final agreement is completed, the combined company would offer a broader set of wireless charging options for EVs, including in-road dynamic charging, stationary high-power systems and ultra-fast static charging.
The portfolio is intended to support a range of vehicle types, including passenger cars, vans, buses, heavy-duty trucks and autonomous vehicles.
The companies’ existing projects, partnerships and intellectual property holdings, along with their work with vehicle manufacturers, are expected to support integration and deployment across multiple EV segments. Electreon’s operational experience and manufacturing capabilities would complement InductEV’s technology to create a platform designed for large-scale fleet needs.
Completion of the transaction is subject to due diligence, final agreements and regulatory approvals.
Filed Under: Charging, Technology News