Charge While You Drive Startup ElectReon Announces Successful Trial
The Israel-based company announced on Thursday it has managed to power an electric car by driving over 25 meters of a specially designed road
Tomer Hadar | 10:08, 06.01.19
Tel Aviv-listed wireless charging company ElectReon Wireless Ltd. has announced on Thursday a successful trial for wirelessly powering an electric car mid-drive using its electric road infrastructure. The company stated it has managed to power a Renault Zoe over 25 meters of test road.
The company said the trial tested several conditions, including water on the road, and 12 kilowatts were transferred at 87% charging efficiency under all conditions.
ElectReon reported almost $16 million in capital and assets for the first six months of 2018. The company was up 16.35% on Thursday market close and is currently trending down.
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Founded in 2013 and based in central Israel, ElectReon develops a real-time wireless electrification system for electric transportation, with the aim of reducing dependence on fuel, charging stations, and the need for large car batteries. The system uses ElectReon-developed copper coils placed under the middle lane of the road, which are then covered in asphalt, and powered by an underground system. Charging is performed via a receiver, or multiple receivers depending on the size of the vehicle, which are installed under the car. Following the trial, ElectReon stated its intention to build a circular 260-meter track to test several kinds of vehicles, including buses, at higher speeds and drive durations.
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