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0 0.0232558139534885 0.0232558139534885 0.0232558139534885 0.00465116279069778 -0.0232558139534883 -0.0232558139534883 -0.0232558139534883
Stock impact report

ZOOZ Power success of four ultra-fast EV charging sites that utilizes the ZOOZTER-100 product in Germany results in a new purchase order received by ZOOZ for a fifth site

ZOOZ Power Ltd. - Ordinary Shares (ZOOZ) 
Company Research Source: GlobeNewswire
ZOOZ Power’s innovative flywheel based kinetic booster power management solution that enables ultra-fast multi-ports EV charging are now live at four sites in Germany, with a fifth coming soon.Using stored kinetic energy from its flywheels and its energy management software, ZOOZ Power supplements the grid power, maximizing charging infrastructure utilization.The ZOOZTER-100 products have been successfully operational at 2 sites in Herrenberg, operated by Charge Point Operator Mer for over a year.Two new installations in Reiskirchen and Weiterstadt, operated by CPO Parkstrom recently went live as well.Based on the success of the 4 existing sites, an order for a fifth ZOOZTER-100 was received by ZOOZ.These deployments highlight ZOOZ Power's capability to enable ultra-fast, multi-port EV charging and enhance site revenue for Charge Point Operators (CPOs), all without the need for costly grid upgrades. Tel Aviv, July 30, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd. (NASDAQ and TASE: ZOOZ) Show less Read more
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