Xylo Technologies (XYLO) announced that Charging Robotics, a Delaware corporation, has successfully installed a system for wireless charging of electric vehicles with a leading supplier of robotic parking facilities. Following the installation, the system successfully demonstrated the ability to wirelessly transfer power. The system is intended to be used for charging electric vehicles, EVs, while reporting charge data to the cloud and managing the charging process based on available electricity and customer needs. This installation marks significant progress in addressing the challenges of EV charging in robotic facilities, where traditional plug-in methods are impractical. The system enables EV owners to charge their electric vehicles seamlessly and efficiently, enhancing user convenience and promoting sustainable urban living.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XYLO:
- Xylo Technologies Advances EV Charging with New Wireless System Installation
- Xylo Technologies’ Revoltz Secures First Institutional Client for PORTO EV
- Xylo Technologies Announces Acquisition Proposal by Pure Capital
- Xylo Technologies Ordered to Convene Shareholder Meetings Amid Legal Proceedings
- Xylo Technologies Launches PORTO EV Commercial Phase in Israel
