Xylo Technologies: Charging Robotics Lands Commercial Order For Ev Wireless Charging

By Author: Orson Amiri
Total Articles: 401
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Xylo Technologies Ltd. (Nasdaq: XYLO) announced that Charging Robotics, Inc., a company 67% owned by Xylo, received its first commercial order for its wireless charging system designed for automatic parking facilities from Parking Design Ltd. This order, announced on June 27, 2024, signifies a major advancement in automated parking and electric vehicle (EV) charging technologies. The initial order comprises 12 systems that will be deployed throughout 2025, enhancing the efficiency and convenience of EV charging in automatic parking environments.

Charging Robotics' system uses machine learning and artificial intelligence to manage EV charging, optimizing the sequence based on various parameters. Recently piloted in Tel Aviv, Israel, this technology meets the growing demand for efficient electricity usage in automated facilities. Parking Design, known for innovative parking solutions, will integrate these systems, revolutionizing EV management within automated parking setups. This collaboration highlights Charging Robotics' role in advancing sustainable and efficient EV charging technologies.

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