Electreon
Electreon, a provider of wireless and in-road wireless electric vehicle (EV) charging technology for commercial and passenger EVs, signed a memorandum of understanding (MOU) for the sale of 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 currently operates a fleet of more than 2,800 limousines and taxis, which it plans to transition to EVs soon to reduce emissions and operating costs. This is Electreon’s first sale and wireless EV charging deployment in the New York and Las Vegas, expanding on its recent projects in Michigan and Utah.
CTG chose Electreon's wireless EV charging services 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, continuous operation of its electric limousine fleets. Electreon’s Charging as a Service business model ensures the payment for the charging services will be per vehicle and includes full set up of the wireless chargers, maintenance, support, and software services. CTG will also connect Electreon to its EV manufacturers to support the integration of Electreon's vehicle systems and receivers that enable wireless charging.
“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 centers 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.”
CTG will purchase Electreon’s static charging services for its operating areas in Las Vegas, and later it will purchase and install Electreon’s semi-dynamic wireless charging stations near airports and hotels to be selected later. The combination of both static and semi-dynamic wireless charging at strategic locations will allow CTG’s EV fleet to continuously charge, reducing battery size and vehicle downtime. CTG will reduce costs and maintain optimal fleet operation because Electreon eliminates the need to allocate people to plug in vehicles, or halt operations for charging. Electreon plans to simultaneously sell its charging services to CTG's electric fleet in New York.
The parties will also consider the option of installing solar panel roofing in CTG's operating areas to further lower costs and increase the environmental benefit of the system. Electreon’s receivers in the fleet vehicles will also enable them to charge dynamically in any future electric roads in the city centers, creating a future-proof system.
“CTG prides itself on offering efficient transportation, and that is why we are so pleased that our fleet's transition to electric mobility will be done with our new partner, Electreon,” said CTG Vice President Robert Slinin. “We believe that wireless charging will enable a smooth and cost-effective transition. Electreon's track record and sustainable solutions offer distinct operational benefits which are perfectly suited to fleets such as ours. We look forward to this collaboration and are sure that our entire fleet will soon be wirelessly charged.”
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