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Electreon develops wireless in-road charging infrastructure that transfers electricity to electric vehicles while they drive, enabling unlimited EV range on equipped roads.
Electreon is an Israeli wireless electric road technology company founded in 2013 that has developed technology to wirelessly charge electric vehicles while they are in motion by embedding charging coils beneath road surfaces. The technology uses resonant magnetic induction to transfer power from in-road infrastructure to compatible vehicles as they pass over it, eliminating range anxiety by continuously topping up batteries during normal driving. Electreon has deployed pilot projects in Israel, Sweden, Germany, Italy, and the United States in partnership with municipalities, electric utilities, and automotive manufacturers. The company has received support from the EU Horizon program and various national government clean transportation initiatives. Electreon's technology is targeted at commercial applications including electric buses, trucks, and taxis where high utilization makes continuous charging particularly valuable and where operators benefit most from removing the downtime of conventional charging stops. The company raised over $100M and is working toward commercial deployments that could demonstrate the scalability of dynamic wireless charging for electrifying high-utilization vehicle fleets.
2024 Revenue: KRW 175.2T (+7.7% YoY) | Operating Profit: KRW 14.2T (-5.9%) | Vehicle Sales: 4.14M units (-1.8%) | Q4 2024: Revenue KRW 46.62T (+11.9%), Op Profit KRW 2.82T (-17.2%) | Electrified Vehicles: 757k units (+8.9%, 21.8% of sales) | US Market: 988k units (+9%) | 2025 guidance: 3-4% revenue growth, 7-8% op margin
Hyundai Motor Company was founded in 1967 in Seoul, South Korea, by Chung Ju-yung and has grown into one of the world's largest automotive manufacturers, ranking third globally by vehicle sales. From its origins as a budget-focused automaker producing affordable, practical vehicles for emerging markets, Hyundai has transformed over the past two decades into a technology-forward brand competing directly with European and Japanese premium manufacturers. Its mission centers on delivering smart mobility solutions for a sustainable future.\n\nHyundai's product lineup spans mass-market sedans, SUVs, and commercial vehicles, alongside its premium Genesis brand and the Ioniq dedicated EV lineup. The Ioniq 5, Ioniq 6, and Ioniq 7 have emerged as critically acclaimed electric vehicles, with the Ioniq 5 winning the World Car of the Year award. Hyundai is also investing heavily in hydrogen fuel cell technology, autonomous driving, and robotics through subsidiaries including Boston Dynamics. Its vehicles are sold in over 200 countries through a network of more than 6,000 dealerships.\n\nHyundai reported revenue of KRW 175.2 trillion in 2024, a 7.7% year-over-year increase, with Q4 2024 revenue of KRW 46.62T (+11.9%). The company sold 4.14M vehicles globally in 2024. With major EV manufacturing investments underway in the United States (Metaplant America in Georgia), Hyundai is positioning itself to be a top-three EV manufacturer globally by 2030, backed by robust R&D spending and a vertically integrated battery and platform strategy.
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