Xylo Technologies: Charging Robotics Lands Commercial Order for EV Wireless Charging Systems in Automatic Car Parks

TEL AVIV, Israel, July 23, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (Nasdaq: XYLO) (“Xylo”, and the “Company”), a technology-based company engaged in advanced innovative technologies, announced today that Charging Robotics, Inc. (OTC: CHEV) (“Charging Robotics”), an innovator of wireless charging solutions held 67% by Xylo, received its first commercial order for the deployment of its wireless charging system designed for automatic parking facilities. This order comes from Parking Design Ltd. (“Parking Design”), a leading innovator in developing and designing parking solutions. This collaboration, announced on June 27, 2024, marks important progress in the evolution of automated parking and electric vehicle (EV) charging technologies.

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