Electreon completed the construction of a wireless charging terminal for parked urban electric buses (e-buses), marking a world first in the field of this innovative charging technology. The commercial project, delivered to Electra Afikim, a prominent public transportation operator in Israel, located in Rosh HaAyin in the center of the country, and supplies stationary wireless charging to the e-buses during the night and day, in parking bays at the public bus terminal in a distributed energy model. Electreon managed the entire terminal project, from end-to-end, encompassing electrical infrastructure, required approvals, and civil engineering works.

The company also implemented its advanced charging software platform to remotely manage and oversee wireless charging of the fleet vehicles at the terminal. In addition to the technical, operational and commercial achievement of delivering this pioneering project, Electreon partnered with three leading international bus manufacturers that were selected by the client, Electra Afikim, HIGER, Ankai, and Sunwin. These automotive manufacturers fully integrated Electreon's vehicle receivers into their electric buses, and with HIGER and Ankai completing the full European Union's (EU) WVTA approval process, a significant step in establishing the company's wireless electric bus receiver as an off-the-shelf product available to the entire automotive industry.

The fully commercial project, valued at approximately 5.8 million ILS (approximately 1.6 million USD) for 2023, includes payments for software services, operations, and maintenance over the project's duration. Electra Afikim, one of Israel's major public transportation operators, manages around 500 bus service lines across the country, covering 40 million miles annually and transporting 51 million passengers.