Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain Press Releases

Electreon, Together with VINCI, Wins Its First Tender in France, Marking a Significant Milestone in Decarbonizing Road Transport; Positioning France Alongside Sweden, Germany, Italy, Norway and the U.S. with its First Wireless Electric Road for Electric Vehicles (EVs) Charging

Published

on

electreon,-together-with-vinci,-wins-its-first-tender-in-france,-marking-a-significant-milestone-in-decarbonizing-road-transport;-positioning-france-alongside-sweden,-germany,-italy,-norway-and-the-us.-with-its-first-wireless-electric-road-for-electric-vehicles-(evs)-charging

BEIT YANAI, Israel, July 12, 2023 /PRNewswire/ — Electreon’s (TASE: ELWS), announcement reveals that Bpifrance, the French public sector investment bank, has selected Electreon’s award-winning Wireless Electric Road System (ERS), for an unprecedented project in France on a section of the A10 highway, South West of Paris.

Bpifrance, together with the relevant French Ministries, selected Electreon and its consortium partners for the project as part of its strategy to promote decarbonized mobility. The consortium is led by VINCI Autoroutes with several additional partners to Electreon – VINCI Construction, Hutchinson, and the Gustave Eiffel University.

In this project Electreon will unveil its next-generation product with significantly increased power transfer capacity, additional software features such as real-time monitoring, and an even more robust architecture; specifically designed for dense traffic corridors on public highways. Electreon will deploy both a two-kilometer dynamic wireless charging road and a stationary wireless charging station. This charging infrastructure will support all vehicle types and classes. Electreon will provide a 40-ton truck as well as a bus and will invite multiple leading automotive partners to benefit from the company’s  new product capabilities.

The initial phase of the project will focus on charging commercial e-fleets while they drive. However the ultimate goal is to deploy ERS (the Electric Road System) across all major French roadways to decarbonize passenger and freight transport, and the heavy-trucking industry; and to support all types of EVs (e.g., trucks, coaches, utility vehicles, and passenger vehicles) to be able to charge seamlessly while driving on an open highway in France.

The selection of Electreon as tender winners, together with its consortium partners, follows the France’s Transportation Ministry (MoT) 2021 study on the most efficient and sustainable large-scale technologies and strategies to achieve net-zero transport emissions. The study concluded that if deployed at large scales, ERS could reduce CO2 emissions from road freight transport by 86% compared to diesel. Without ERS, electric heavy duty trucks would have to be equipped with extremely large batteries and stop to charge at high-power charging stations. The study also proposes a plan to deploy Electric Road Systems over nearly 5,000 km by 2030, and nearly 9,000 km by 2035, highlighting the critical importance of the technology as a significant piece of the puzzle to achieve net zero road emissions, focusing on freight and heavy-trucking industries.

Advertisement

This tender announcement is a big win for Electreon, the consortium partners and the French public; as the transportation sector represents one-third of France’s greenhouse gas emissions, and 95% of these emissions come from road transport. Almost 9 out of 10 goods are transported by road, and the French government’s projections as part of the National Low Carbon Strategy show that this portion will remain the lion’s share in the coming decades; even with the increased use of rail freight and optimization of logistics flows. Therefore, it is essential to decarbonize heavy goods vehicles; mainly through electrification, which represents a major challenge for long-distance logistic fleets.

Electreon’s dynamic wireless charging technology has entered its fully-commercial and industrial phase and is the subject of numerous demonstrations, deployments and commercial projects worldwide; most notably in Israel, Germany, the United States, Italy, Sweden and Norway.

Quote from VINCI Autoroutes

“Wireless Electric Road Systems are particularly promising in terms of economic and industrial impacts, as it can decarbonize road transport through dynamic charging of electric vehicles while reducing Europe’s dependence on raw materials needed to manufacture batteries (such as lithium, nickel, and cobalt) and create jobs and industrial activities in France, where these systems’ components can be manufactured.”
Louis Du Pasquier, Director in Charge of Decarbonation at VINCI Autoroutes

Quote from Electreon

Advertisement

“We are honored that Electreon has been selected as the on-the-go wireless charging technology for France’s first ERS deployment. Electreon is excited to once again partner with VINCI, and due to the strategic importance of the French market, is expanding its presence in the region.” said Oren Ezer, CEO and Co-founder of Electreon. “France’s net-zero transport plan to reach nearly 9,000 km by 2035 is yet another example of the widespread global adoption of wireless charging and we are looking forward to unveiling our next-generation product with significantly increased power transfer capacity in this project.”  

Press Contacts

Electreon Media contact
Keren Alleson Gerberg
[email protected] 

VINCI Autoroutes Media Contact
Samuel BEAUCHEF
+33 06 12 47 58 91 
[email protected]

About Electreon

Advertisement

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, lowering total costs of EV ownership, and reducing battery capacity needs, making it one of the most environmentally sustainable, scalable, and compelling charging solutions available in the market today. Electreon collaborates with cities and fleet operators on a “sale” business model, 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 VINCI Autoroutes

As the leading toll motorway operator in Europe, VINCI Autoroutes welcomes over 2 million customers every day on the network of its six concession companies: ASF, Cofiroute, Escota, Arcour, Arcos, and Duplex A86. As a partner of the state and local authorities, VINCI Autoroutes serves seven regions, 45 departments, 14 metropolises, over a hundred cities with over 10,000 inhabitants, and thousands of rural communities located near its concession.

Logo – https://mma.prnewswire.com/media/1997596/Electreon.jpg

 

Advertisement

View original content:https://www.prnewswire.co.uk/news-releases/electreon-together-with-vinci-wins-its-first-tender-in-france-marking-a-significant-milestone-in-decarbonizing-road-transport-positioning-france-alongside-sweden-germany-italy-norway-and-the-us-with-its-first-wireless-ele-301875338.html

Continue Reading
Advertisement

Blockchain Press Releases

Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance

Published

on

bybit’s-ceo-meets-with-vietnam’s-minister-of-finance-to-support-regulatory-sandbox-and-strengthen-crypto-compliance

DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.

Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.

A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.

In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:

Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”

Advertisement

Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.

Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.

This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

Advertisement

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

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

Bybit Logo

Photo – https://mma.prnewswire.com/media/2668605/From_left_Ben_Zhou_Co_founder_CEO_Bybit_H_E_Nguyen.jpg

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

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybits-ceo-meets-with-vietnams-minister-of-finance-to-support-regulatory-sandbox-and-strengthen-crypto-compliance-302432942.html

Continue Reading

Blockchain Press Releases

Bybit launches Crypto Surf: Copy Traders and Bots Battle for 250K USDT

Published

on

bybit-launches-crypto-surf:-copy-traders-and-bots-battle-for-250k-usdt

DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.

Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.

Prize Pool Distribution Highlights:

  • 40% to the champion squad
  • 30% to the runner-up 
  • 25% to the top 100 individual traders by volume
  • 5% to users who correctly predict the winning squad

The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.

Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.

The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.

Advertisement

Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Advertisement

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

Bybit Logo

Photo – https://mma.prnewswire.com/media/2668284/Image.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit-launches-crypto-surf-copy-traders-and-bots-battle-for-250k-usdt-302432444.html

Continue Reading

Blockchain Press Releases

Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders

Published

on

tomorrowland-brasil-2025-general-sale-in-full-swing-—-exclusive-cashback-for-bybit-cardholders

DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.

The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.

Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.

This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.

“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”

Advertisement

Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Advertisement

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

About TOMORROWLAND BRASIL

Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.

The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.

Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com

Advertisement
Bybit Tomorrowland Logo

Photo – https://mma.prnewswire.com/media/2668248/Image_2025_04_18_10_29_43.jpg

Logo – https://mma.prnewswire.com/media/2668249/BybitxTML_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/tomorrowland-brasil-2025-general-sale-in-full-swing–exclusive-cashback-for-bybit-cardholders-302432402.html

Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE