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Electreon and GINAF Unveil Successful Electric Truck Integration: Charging a GINAF 50-Ton Electric Truck on the World’s First Public Wireless Electric Road for Trucks and Buses

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BEIT YANAI, Israel, June 27, 2023 /PRNewswire/ — Electreon (TASE: ELWS), the leading developer and provider of inroad wireless Electric Vehicle charging technology, and Dutch automaker GINAF, a leading manufacturer of commercial vehicles, are proud to announce that they have fully integrated Electreon’s wireless charging system on a GINAF 50-ton truck.

By harnessing Electreon’s cutting-edge wireless charging technology, electric vehicles can now charge seamlessly while parked, idling, and even on the move, effectively eliminating range limitations, and reducing EV operational costs in the bid to decarbonize road and freight transport.

GINAF is a specialist in the development and production of special and efficient transport solutions based on DAF and Mercedes-Benz vehicles, amongst other conversions and retrofits to electric powered propulsion. This time, GINAF is elevating its e-truck value proposition by integrating Electreon’s wireless charging system with the GINAF GE2121 truck (a modified DAF XF). The ‘wireless truck’ has undergone testing on both Electreon’s stationary wireless charging station (charging while idle) and its dynamic (Wireless Electric Road – charging while driving).

This Electreon and GINAF e-Truck integration is a vital step forward in the race to net-zero road transport emissions. Road transport is one of the most significant sources of the European Union’s greenhouse gas emissions. Approximately 77% of EU transport emissions come from road transport, and the road transport sector is not improving fast enough to meet the goals set out in the European Green Deal set back in 2006. Additionally, traditional plug-in charging solutions for EVs present major challenges, particularly for long-distance logistics fleets; therefore sustainable innovative solutions such as wireless EV charging must be sought, encouraged and invested in. 

Promoting Sustainable Transportation

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“GINAF is very pleased with the results of the truck’s excellent performance on the world’s first public Electric Road: Electreon’s Smartroad in Gotland, ” said Roeland van der Woude, GINAF CEO. “It endorses our capabilities as a flexible and qualitative alternative to OEMs, for transport companies that want to make their 7-50+ ton trucks more sustainable.”

“This is yet another example of Electreon’s seamless integration and capabilities in simple integrating onto any vehicle,” said Håkan Sundelin, Electreon Regional director of the Nordic countries. “We are pleased to add GINAF to the list of companies we collaborate with. The cooperation with GINAF ensures that we are ready for large scale deployments and provide a solution for efficient and sustainable transportation.”

Looking Ahead

Electreon and GINAF are now poised to implement aftermarket installations on additional GINAF trucks, based on DAF or Mercedes-Benz chassis – and will be available for future Electreon projects, encompassing both static and dynamic charging capabilities.

In a further display of their commitment to electric transportation, Electreon and GINAF have joined forces with REARQ, a Swedish company specializing in circular economic practices – aiming to reuse current internal combustion engine (ICE) vehicles on the market and converting them into EVs. Together, they aim to drive sales of electric trucks in Nordic markets and lead the charge in the race to the net-zero carbon emissions future.

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“The joint collaboration in this project proves that we can accelerate the change to sustainable transportation solutions, by integrating smart charging technology with Electric Vehicles and thereby increasing the benefits when shifting to 100% electric,” says Henrik Wallström, CEO of REARQ.

About Electreon

Electreon is the leading developer and provider of wireless charging solutions for electric vehicles (EVs), providing end-to-end charging infrastructure and services, to meet the needs and efficiency demands of shared, public, and commercial fleet operators and consumers. The company’s proprietary inductive technology dynamically (while in motion) and statically (while stopped) charges EVs quickly and safely, eliminating range anxiety, and reducing battery capacity needs-making it one of the most environmentally sustainable, scalable, and compelling charging solutions available in the market. Electreon collaborates with cities and fleet operators on a “sale”, and on a charging as a service (CaaS) business model, that enables cost-effective electrification of public, commercial, and autonomous fleets for smooth and continuous operation. For more information, visit electreon.com.

About GINAF

GINAF Trucks Nederland B.V. is a Dutch company founded in 1948. GINAF is a specialist in the development and production of special and efficient transport solutions based on DAF and Mercedes-Benz vehicles, amongst other conversions and retrofits to electric- or hydrogen-powered propulsion. The company has been located in Veenendaal for more than forty years, where all development and production activities are carried out.

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Ginaf.com 

About REARQ

REARQ is a Swedish electrification and logistics company aiding companies in transforming their vehicle fleet to 100% electric. Using connected vehicles and intelligent software for smart planning, driving and charging support, REARQ helps driver and transport planners to optimize their vehicle usage. By converting both used and new vehicles, REARQ extend the service life of existing vehicles as well as reduce the environmental impact. REARQ is GINAF’s PF/distributor in Swedish, Denmark, Norway and Finland. 

On behalf of Electreon:
Keren Alleson Gerberg
[email protected]

On behalf of GINAF:
Rick van de Weg
[email protected]
+31-6-557 202 91

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On behalf of REARQ:
Johan Klintberg, COO
[email protected]
+46 70-731 59 09

Logo: https://mma.prnewswire.com/media/1997596/Electreon.jpg
Photo: https://mma.prnewswire.com/media/2141504/GINAF_Truck_charging_in_Gotland.jpg

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Blockchain Press Releases

MALAYSIAN FOUNDERS BRING WEB3 TO MALAYSIAN SHORES WITH MALAYSIAN BLOCKCHAIN WEEK (MYBW) 2024

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KUALA LUMPUR, Malaysia, July 15, 2024 /PRNewswire/ — The country’s inaugural Malaysia Blockchain Week (MYBW) is poised to bring mainstream Malaysia into the world of Web 3. MYBW boasts strong Malaysian roots in an international digital space, featuring Malaysian founders and bringing together key Malaysian industry players well-known in the digital space.

The week-long event hosted by Malaysian Web3 powerhouse Lydian Labs will be held in partnership with the Malaysia Digital Economy Corporation (MDEC) and kicked off by Minister of Digital, YB Tuan Gobind Singh Deo.

MEET THE MALAYSIAN FACES OF THE BLOCKCHAIN SPACE

The Web3 space transcends international borders, attracting dedicated Malaysians to push the unexplored frontier of the industry.

As such, many Malaysians have become industry giants in the blockchain space, commanding significant influence and expertise in the industry. Despite their elusive real-life presence, lucky participants at MYBW will be able to rub shoulders with these Malaysian founders of key Web3 companies.

Youths and young-at-heart builders keen on exploring Web3 ventures as well as seasoned international investors will benefit from the congregation of blockchain experts and Web3 veterans.

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Expect to see local industry giants at MYBW, who will be present in support of the Malaysian-led initiative as well to provide unique industry insights at the event’s keynote presentations and panel discussions.

Present at the event will include Matthew Tan, the founder and CEO of the leading Ethereum block explorer, API and Analytics Platform, Etherscan.io. Prior to Etherscan, Tan founded and developed one of the earlier token-based blockchain explorers, Blockscan, for Counterparty, a smart contracts blockchain built on top of Bitcoin. He has around 15 years of industry experience, consulting and developing bespoke line of business solutions when he was a co-founder of a data/web applications solutions provider.

Next is Bobby Ong, the co-founder and COO of CoinGecko, an analytics platform for tracking cryptocurrencies and blockchain assets. CoinGecko was established in April 2014 and is one of the largest cryptoasset data aggregators in the world. Additionally, Ong is a contributing author in two digital currencies books – Handbook of Digital Currency, 1st Edition and Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1. He was also included in the Forbes 2019 30 Under 30 Asia list and graduated with a Bachelor of Science in Economics from University College London in 2012.

Other Malaysian founders include, but are not limited to:

  • Siong, co-founder of Jupiter, a decentralised exchange aggregator on the Solana blockchain platform using an extensive liquidity network and advanced algorithms.
  • Shawn Chong, co-founder of Salus, a holistic Web3 security company with experience in traditional and blockchain security focusing on user protection and strategic initiatives at the intersection of blockchain and cybersecurity.
  • TN Lee, founder of Pendle Finance, a DeFi platform that enables users to tokenize and trade future yield on Ethereum assets.
  • Dr Ian Tan, co-founder of Lydian Labs, a full stack Web3 Solutions Provider focused on advisory, tech, and marketing specialised in the APAC region.
  • Nicole Yap, founder of 8SIAN NFT which artfully tokenizes the rich tapestry of Asian heritage into NFTs which celebrate the history and depth of Asian women while building a global and inclusive Asian community.
  • Julian Koh, co-founder of Aevo, a high-performance decentralised derivatives exchange focused on options.

These Malaysian powerhouses will also be joined by international industry names such as Chess, CEO of GM Network; Dr Kang Li, CSO of CertiK; Victor Ji, Co-Founder of Manta Network; Gracy Chen, CEO of Bitget; Yoann Turpin, co-founder of Wintermute; Moshe, chairman of Oobit; Mark Rydon, CEO of Aethir; John Yao, CEO of Team Secret and many more.

MINTING THE FUTURE OF MALAYSIAN WEB3

MYBW will set the tone and future for Web3 growth and widespread adoption in Malaysia, featuring 33 panel discussions, 15 keynote talks, and more than 150 speakers which will open the curtain on important blockchain topics such as regulatory issues, the decentralised finance & syariah digital economy, blockchain traceability, NFTs & Web3 Gaming, and the impacts of Artificial Intelligence (AI) on the Malaysian landscape.

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The event, anticipated to draw more than 2,500 participants, will facilitate discussions between key stakeholders, bringing together decision-makers from the government and industry leaders to mint the future of Web3 for Malaysia.

Tickets for MYBW are already available on the official website.

EVENT DETAILS:

Date: 31 July – 1 August 2024 | 10am – 6pm
Location: World Trade Centre Kuala Lumpur (WTCKL)

Website details: https://myblockchainweek.com/

About Lydian Labs

Lydian Labs is a full stack Web3 solutions provider focused on the APAC region and China, providing 3 main pillars of services: Advisory, Tech, and Marketing.

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####

To know more about Lydian Labs, visit https://bit.ly/LydianLabs or find them on X (formerly known as Twitter).

Photo – https://mma.prnewswire.com/media/2461323/MALAYSIAN_BLOCKCHAIN_WEEK.jpg

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Blockchain Press Releases

BlockScholes X Bybit Crypto Derivatives Analytics Report Reveals Investors More Bullish on ETH Than BTC

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DUBAI, UAE, July 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with BlockScholes, has released its latest Crypto Derivatives Analytics Report, highlighting a notable divergence in investor sentiment between Ethereum (ETH) and Bitcoin (BTC).

The report, analyzing market trends and trading signals across spot trading volume, futures, options, and perpetual contracts, underscores a growing bullish sentiment toward ETH. Key findings indicate that investors are increasingly optimistic about ETH, particularly in anticipation of the imminent launch of the first Ether Spot ETFs in the United States. This optimism is reflected in ETH’s sustained volatility premium over BTC, which has persisted amid heightened market activity.

Key Highlights from the Report:

  • Bullish Sentiment Toward ETH: BlockScholes’s Senti-Meter Index reveals a bullish sentiment among investors toward ETH compared to BTC. This sentiment is influenced by expectations surrounding the imminent ETF launch for Ethereum.
  • ETH Futures Outperforming BTC: Despite recent market fluctuations, ETH futures have shown a quicker recovery in open interest compared to BTC. This recovery trend suggests a robust market narrative focused on ETH’s ETF prospects.
  • Strong Perpetual Trading in ETH: Significant trading volumes in ETH perpetual contracts indicate substantial long positions, possibly driven by strategic positioning ahead of anticipated market developments.
  • High ETH Option Volatility: ETH options market volatility remains elevated, especially in anticipation of ETF approval, contrasting with BTC options, which exhibit a more defensive posture.

In response to the findings, Bybit’s Head of Institutions, Eugene Cheung, commented: “The latest data underscores ETH’s resilience and market appeal as we approach key regulatory milestones. Investors are demonstrably positioning themselves favorably amidst growing market expectations.”

#Bybit / #TheCryptoArk

About Bybit

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Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Apply and Win the Dream Getaway to Austria and Cutting-edge Gadgets with Bybit Card

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DUBAI, UAE, July 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is excited to announce the launch of its Bybit Card campaign, offering users the opportunity to win extraordinary prizes, including a dream getaway to Austria and cutting-edge tech gadgets including an iPhone 15 Pro and more.

To participate in the campaign, users need to apply and spend at least 500 EUR/USD with their Bybit Card. By completing both steps, they will automatically enter the Lucky Draw, where they stand a chance to win a guaranteed prize. The first 1,000 users who fulfill the requirements will be eligible for the Lucky Draw.

The campaign will run from Jul 15, 2024, 10:00 AM UTC to Aug 18, 2024, 11:59 PM UTC. During this period, users can take advantage of this exciting opportunity to win fantastic rewards.

In addition, VIP users will receive a 30 EUR/USD card bonus, enhancing their overall Bybit Card experience.

Joan Han, sales and marketing director at Bybit, said, “With the Bybit Card, individuals can seamlessly incorporate digital finance into their everyday lives, whether they’re shopping online or covering routine expenses. By providing users with convenience and flexibility, we aim to enhance their financial experiences. Furthermore, we are thrilled to introduce a range of diverse rewards and campaigns to our global user base, thereby creating greater accessibility and convenience for utilizing digital assets.”

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The Bybit Card blends the world of digital finance with everyday transactions, offering users a seamless spending experience. For more information about the Bybit Card and how to apply, visit:https://www.bybit.com/en/promo/campaign/Apply-Card-Win-Big

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://mma.prnewswire.com/media/2461158/Image.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg 

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