Electreon & CTG sign MoU for charging partnership

Electreon has signed a memorandum of understanding for the sale of its wireless EV charging services to CTG, the largest operator of limousine fleets and unique shuttle services in the New York and Las Vegas area.

CTG’s current fleet covers over 2,800 limousines and taxis, which it plans to transition to electric vehicles in the near future to reduce emissions and operating costs. This is Electron’s first sale and wireless EV charging deployment in the New York and Las Vegas areas, and expands on its other recent U.S. projects in Michigan and Utah.

The choice for the charging partner was made after a cost evaluation, where it was found that “CTG chose Electreon’s wireless EV charging services in order to reduce its upfront costs, save space in the urban operating areas, avoid the visual and safety hazards of conductive charging stations, and ensure the simple and continuous operation of its electric limousine fleets.” Using Electreon’s Charging as a Service business, CTG asserts that they will be able to pay per vehicles, including the full setup of wireless chargers, maintenance, support and software services. In addition, “as part of the MOU, CTG will also connect Electreon to its EV manufacturers to support the integration of Electreon’s vehicle systems and receivers that enable the EVs to charge wirelessly”.

To begin, CTG will purchase Electron’s static charging services for its operating areas in Las Vegas, which will later be expanded to airports and hotels. The partnership will then be expanded from there, as well as diversified to allow for more efficient charging processes.

“We’re excited to work with CTG and demonstrate how our wireless charging technology can scale to support large electric fleets across multiple geographies,” said Electreon CEO Oren Ezer. “Both New York and Las Vegas are priority markets for us—they are dense urban centres with leadership committed to accelerating the transition to all-electric fleets. By partnering with highly-respected and global companies like CTG, we can expand to new markets and continue to scale the adoption of our wireless EV charging technology across the U.S. and abroad.”

ElectReon has not only found popularity for their inductive charging technology with fleet operators: most recently, Stellantis & Iveco used the wireless charging technology in tests, while the Smartroad project in Gotland continues to expand. ElectReon’s first contract came for a bus charging system in their native Tel Aviv.

businesswire.com

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