Tel Aviv, Israel, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Charging Robotics Inc. (OTC: CHEV), through its affiliate, Revoltz Ltd. (of which Charging Robotics owns 52.73%), today announced that sales of Revoltz’s PORTO EV units have reached 30 PORTO EV units to customers in Israel. This milestone highlights the growing adoption of Revoltz’s electric micro-vehicles designed for efficient last-mile delivery and urban logistics. With the first batch of PORTO EVs nearing completion, Revoltz is actively preparing for t ...

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]

Core Insights - Charging Robotics Inc. announced the commercial launch of its PORTO EV in Israel, marking the first global deployment of this innovative last-mile micro electric vehicle [1][3] - The initial delivery of 50 units to an exclusive distributor is part of a five-year distribution agreement valued at $2.7 million, which includes a commitment for 150 vehicles in the first year [2][3] - The PORTO EV is designed for urban delivery, addressing the growing demand for compact electric vehicles in densely populated areas [4] Company Overview - Revoltz Ltd., an affiliate of Charging Robotics, specializes in high-end mini electric vehicles, focusing on micro-mobility solutions [5] - Charging Robotics is also developing automatic wireless charging solutions for electric vehicles, including robotic and stationary systems [6] Product Features - The PORTO EV offers high-volume cargo space, a full-day range on a single charge, and is license-free for users aged 16 and above under Israeli regulations [8]