InductEV
InductEV designs and deploys ultra-fast stationary wireless EV charging systems for heavy-duty commercial fleets, including transit buses and class-8 trucks. Now a subsidiary of Electreon Wireless, it serves fleet operators and transit authorities across North America and Europe using magnetic resonance technology.
- Company typePrivate
- Founded2009
- HeadquartersKing Of Prussia, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What InductEV does
InductEV was a privately held U.S. corporation headquartered in Pennsylvania (King of Prussia/Philadelphia) that designed and deployed ultra-fast, high-power stationary wireless charging systems for heavy-duty electric commercial fleets. Its proprietary magnetic resonance coupling technology achieved 90-93% power transfer efficiency and 88-92% end-to-end transmission efficiency, and it backed all three major interoperability frameworks: SAE J2954, ISO 19363, and China's GB standard. The company targeted commercial fleet operators across last-mile delivery, heavy-duty transit, public transit authorities, and autonomous vehicle operators, with UPS serving as a named anchor customer via a Detroit depot deployment integrated with Xos stepvans.
The company monetized through quote-based, multi-year enterprise contracts covering hardware sales and managed services for wireless charging infrastructure, supported by Build America Buy America compliance that unlocked U.S. federal and transit funding eligibility. In November 2024, InductEV signed an MoU with Norway-based ENRX AS on standards and interoperability. In November 2025, Israel-listed Electreon Wireless signed an MoU to acquire InductEV's assets, and the transaction closed in March 2026. Post-acquisition, InductEV operates as a subsidiary and product brand under Electreon, contributing ultra-fast stationary solutions (Ultra-fast Charging, Ultra-fast Transit, Ultra-fast Freight) to a combined portfolio spanning dynamic in-road charging, opportunistic top-up charging (Dash), stationary pads (Dot), and OEM integration (EV Kit), backed by approximately 400 granted and pending patents and operating across North America and Europe.
InductEV firmographics
Firmographics- Name
- InductEV
- Legal name
- InductEV Inc.
- Website
- https://inductev.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- InductEV designs and deploys ultra-fast stationary wireless EV charging systems for heavy-duty commercial fleets, including transit buses and class-8 trucks. Now a subsidiary of Electreon Wireless, it serves fleet operators and transit authorities across North America and Europe using magnetic resonance technology.
- Ownership category
- akta.pro rank
InductEV industry classification
Industry- Product category
- Wireless EV Charging Infrastructure
- NAICS
- Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Current-Carrying Wiring Device Manufacturing (335931)
- SIC
- Electronic Coils, Transformers & Other Inductors (3677), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)
- akta.pro secondary industries
- EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet) (TLAKAMAE), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF)
Keywords
Where InductEV is headquartered
LocationHeadquarters
- HQ city
- King Of Prussia
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
InductEV business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Wireless Charging Infrastructure Hardware: Sale and installation of wireless charging pads and infrastructure for fleet operators, transit authorities, and commercial vehicle applications. The combined entity with Electreon offers a comprehensive portfolio spanning dynamic in-road charging, opportunistic top-up charging, and ultra-fast stationary charging solutions.
- Fleet Wireless Charging Solutions: Integrated wireless charging solutions for various vehicle types and operational scenarios, supporting diverse fleets from passenger vehicles to class-8 trucks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise Fleet Solutions |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
InductEV product offering
Product offeringCore offering
InductEV designs, manufactures, and sells ultra-fast, high-power stationary wireless charging infrastructure for commercial electric vehicle fleets, including heavy-duty transit buses, class-8 freight trucks, and last-mile delivery vans. Its systems use magnetic resonance coupling to deliver 90-93% charging efficiency and 88-92% end-to-end transmission efficiency, eliminating physical plug-in connections and enabling rapid charging during vehicle stops, layovers, and depot parking. The portfolio is sold through enterprise sales to fleet operators, transit authorities, logistics companies, and vehicle OEMs across North America and Europe.
Product overview
InductEV, now part of Electreon following the March 2026 acquisition, offers ultra-fast stationary wireless charging solutions for commercial electric vehicle fleets. The company's product portfolio includes high-power wireless charging systems designed for heavy-duty transit buses and freight trucks. The combined entity with Electreon creates a comprehensive wireless charging platform spanning dynamic in-road charging, opportunistic top-up charging (Dash), stationary charging pads (Dot), and ultra-fast stationary solutions for fleets ranging from passenger vehicles to class-8 trucks, supported by nearly 400 granted and pending patents.
Differentiator
Problem solved
Functional benefit
Brands
- InductEV Ultra-fast Charging: Ultra-fast high-power stationary wireless charging solutions for electric vehicles, including heavy-duty transit and freight fleets.
- InductEV Ultra-fast Transit
- InductEV Ultra-fast Freight
Products and services
- Ultra-Fast Stationary Wireless Charging High-power wireless charging systems designed for heavy-duty electric transit and freight fleets, enabling ultra-fast static charging when vehicles are parked or stopped. Uses magnetic resonance coupling with 90-93% efficiency.
- InductEV Ultra-fast Transit Wireless charging solution specifically designed for transit buses, enabling rapid charging during stops and layovers. Targeted at public transit authorities and municipal operators.
- InductEV Ultra-fast Freight Wireless charging solution for heavy-duty freight vehicles and class-8 trucks, supporting commercial fleet operations with high-power stationary charging at depots and terminals.
Quantifiable outcome
- Reduces operating expenses by approximately 50% annually
- +4 more outcomes
Companies that use InductEV
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
InductEV technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
InductEV partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- ENRX AScoreInductEV and Norway-based ENRX AS signed a memorandum of understanding to collaborate on establishing technical standards and ensuring interoperability for wireless inductive EV charging technology. The partnership includes joint testing, participation in SAE J2954 standardization working groups, and industry advocacy to accelerate adoption of wireless charging in commercial fleets and heavy-duty transport. ENRX is developing the world's first 200 kW electrified roadway pilot in Orlando, Florida.
- Electreon WirelesscoreElectreon completed acquisition of InductEV in March 2026, combining two category leaders in wireless EV charging technology. The merged entity offers the industry's most comprehensive wireless charging portfolio, spanning dynamic in-road charging, opportunistic top-up charging, and ultra-fast stationary charging solutions for fleets ranging from passenger vehicles to class-8 trucks. The combined company unites nearly 400 granted and pending patents and maintains Build America Buy America compliance for North American market access.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
InductEV competitors and assessment
Company assessmentDirect peers
- Electreon Wireless: Parent company and now combined entity with InductEV following the March 2026 acquisition. Electreon specializes in dynamic wireless in-road EV charging and shares the same magnetic resonance technology foundation and fleet customer base.
- WiTricity: Direct wireless EV charging competitor using magnetic resonance technology for passenger and light-duty vehicles. WiTricity holds foundational patents in wireless power transfer and supplies automotive OEMs, directly competing for the same wireless charging category.
- Momentum Dynamics: Direct competitor focused on high-power wireless EV charging for commercial fleets, including delivery vans, transit buses, and heavy-duty trucks. Targets the same fleet electrification use cases as InductEV.
- ENRX: Norway-based wireless EV charging provider and InductEV partner developing the world's first 200 kW electrified roadway pilot in Orlando. Operates in the same inductive charging technology category with overlapping standards-development focus.
- WAVE Charging (Ideanomics/WAVE): Wireless EV charging provider focused on medium- and heavy-duty commercial fleets including transit buses and delivery trucks. Uses inductive charging technology with depot-based systems, directly comparable to InductEV's target market.
Emerging players
- Hevo Power: Emerging wireless EV charging player focused on consumer and light commercial applications. Less established in heavy-duty fleets than InductEV but operates in the same underlying wireless charging technology category.
- Nuvve: Vehicle-to-grid (V2G) technology company serving commercial fleets and transit operators. While focused on bidirectional energy flow rather than wireless charging, Nuvve serves overlapping fleet customer segments and electrification use cases.
- Heliox: Provider of fast charging systems specifically for electric buses and heavy-duty commercial vehicles. Targets the same transit and freight fleet customers as InductEV's Ultra-fast Transit and Ultra-fast Freight product lines, though using plug-in DC fast charging technology.
Broad incumbents
- ChargePoint: Broad incumbent in EV charging infrastructure offering AC and DC fast charging stations for commercial fleets and public use. While focused on plug-in rather than wireless, ChargePoint competes for the same fleet electrification infrastructure budget as InductEV.
- ABB E-mobility: Global incumbent providing comprehensive EV charging infrastructure including depot chargers for commercial fleets. ABB's high-power chargers compete directly with InductEV's wireless solutions for heavy-duty fleet customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
InductEV social profiles
Digital presenceInductEV compliance and trust
Trust signalCompliance1 record
InductEV financial estimates
Financial estimateRevenue estimate
Valuation estimate
InductEV leadership team
Management profileNumber of profiles
Profiles5 records
InductEV funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InductEV M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about InductEV
What does InductEV do?
InductEV designs, manufactures, and sells ultra-fast, high-power stationary wireless charging infrastructure for commercial electric vehicle fleets, including heavy-duty transit buses, class-8 freight trucks, and last-mile delivery vans. Its systems use magnetic resonance coupling to deliver 90-93% charging efficiency and 88-92% end-to-end transmission efficiency, eliminating physical plug-in connections and enabling rapid charging during vehicle stops, layovers, and depot parking. The portfolio is sold through enterprise sales to fleet operators, transit authorities, logistics companies, and vehicle OEMs across North America and Europe.
Is InductEV a public or private company?
InductEV is a private company. It is classified as corporate owned and is currently acquired.
When was InductEV founded?
InductEV was founded in 2009. It employs 51 to 100 people.
Where is InductEV based?
InductEV is headquartered in King Of Prussia, United States, in the North America region.
How does InductEV make money?
Two revenue lines are on record. Wireless Charging Infrastructure Hardware is the primary driver. The others are fleet Wireless Charging Solutions.
Who are InductEV's main competitors?
Direct peers on record are Electreon Wireless, WiTricity, Momentum Dynamics, ENRX and WAVE Charging (Ideanomics/WAVE). Emerging players are Hevo Power, Nuvve and Heliox. Broad incumbents are ChargePoint and ABB E-mobility.
Does InductEV have an API?
No public API is recorded for InductEV.
What industry is InductEV in?
InductEV's product category is Wireless EV Charging Infrastructure. Its primary akta.pro industry code is IMACACAE, EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers), with a secondary code of TLAKAMAE, EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet). Its NAICS code is 33632 and its SIC code is 3677.