Core Insights - Charging Robotics Inc.'s affiliate, Revoltz Ltd., has secured its first institutional client for the PORTO EV, marking a significant shift from individual sales to fleet deployments [1][2] - The institutional customer is a prominent logistics provider that will integrate PORTO EVs into its urban delivery fleet, highlighting the demand for sustainable electric mobility solutions [2][3] - The CEO of Revoltz emphasized that fleet customers are looking for solutions that reduce operating costs and meet sustainability goals, positioning the PORTO EV as a fitting solution [3] Company Developments - The order follows Revoltz's successful launch of its commercial phase in Israel, which included a multi-year agreement worth $2.7 million for the delivery of 50 PORTO EV units [3] - The PORTO EV features high-volume cargo capacity, full-day operational range on a single charge, and a compact design optimized for urban areas [8] - Revoltz aims to penetrate the last-mile delivery sector both in Israel and internationally, addressing the need for sustainable urban transportation [4] Product Features - The PORTO EV is designed for institutional logistics use, offering key features such as high-volume cargo capacity across dual axles and license-free operation for users aged 16+ under Israeli regulations [8] - The vehicle's compact design is tailored for dense urban environments, enhancing its suitability for last-mile logistics [8] Industry Context - The growing demand for sustainable, compact electric mobility solutions is evident in commercial operations, as logistics providers seek to enhance operational efficiency [2][3] - The transition to fleet deployments indicates a broader trend in the industry towards eco-friendly transportation solutions [1][2]