Streetbeat News

FDOC

Fuel Doctor Holdings Inc

Employees

Industry

Motor Vehicle Gasoline Engine and Engine Parts Manufacturing

Open

0.27

Mkt cap

2.5M

Volume

857

High

0.27

P/E Ratio

0.02

52-wk high

41.10

Low

0.27

Div yield

N/A

52-wk low

0.03

Medigus Ltd. (NASDAQ:MDGS) has initiated a wireless EV charging pilot through its subsidiary, Charging Robotics Ltd., which is operating under Fuel Doctor Holdings, Inc. (OTC:FDOC). The pilot, supported by funding from the Israel Innovation Authority, aims to address the need for automated parking systems with efficient EV solutions. The project began in August 2023 with an Israeli car park provider and received approximately $445,000 in funding. The wireless charging system is designed for automated parking and boasts over 93% efficiency. The Automated Parking System market is expected to grow to $5.2 billion by 2032. Medigus shares (MDGS) were trading lower by 1.45% at $3.77.

Portfolio Pulse from Akanksha Bakshi

December 26, 2023 | 4:08 pm

Medigus Ltd. (NASDAQ:MDGS) announced that Revoltz Ltd., partially owned by Fuel Doctor Holdings, Inc. (OTC:FDOC), has entered an exclusive distribution agreement in the US for its advanced micro-mobility EVs with a leading distributor in the homeland security and law enforcement sector. The distributor committed to purchase a minimum of 500 units of PORTO, Revoltz's micro-mobility vehicles, in the coming year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:58 am

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