Fuel Doctor Holdings (OTCMKTS:FDOC) Charging robotics hits the OTCBB with a bang as EV play attracts attention from small-cap investors

Fuel Doctor Holdings (OTCMKTS:FDOC) hit the OTCBB with a bang that peaked at $0.7199 before dropping to $0.30 and rising steadily from there on heavy volume and interest investors. Charging Robotics is a spin-off from NASDAQ-listed Medigus Ltd, which merged with FDOC on March 10. The transaction resulted in Charging Robotics becoming a wholly owned subsidiary of Fuel Doctor, and Medigus received 80% of the issued and outstanding share capital of Fuel Doctor. . The stock has instant sex appeal and quickly attracted small cap heavyweights that are accumulating at current levels.

Charging Robotics is transforming the way electric vehicles are charged by using its robotics platform to provide automatic wireless charging. At the heart of the technology is a wireless energy transfer module that uses resonant coils to transfer energy wirelessly from the robot to the vehicle. The robotic platform is small enough to slip under vehicles, automatically positioning itself for maximum charging efficiency and returning to its docking station when the charging operation is complete. Once fully developed, Charging Robotics plans to install the system in public car parks, providing a solution that significantly reduces the cost of installing electric vehicle charging infrastructure compared to current alternatives.

Fuel Doctor Holdings (OTCMKTS: FDOC) is a debt-free company incorporated in the State of Delaware on March 25, 2008 as “Silver Hill Management Services, Inc.” On September 1, 2011, the Company amended its certificate of incorporation to change its name to “Fuel Doctor Holdings, Inc”. On March 10, 2022, Medigus Ltd, the NASDAQ-listed parent company, announced the spin-off of Charging Robotics which completed a reverse merger with Fuel Doctor Holdings. The transaction resulted in Charging Robotics becoming a wholly owned subsidiary of Fuel Doctor, and Medigus received 80% of the issued and outstanding share capital of Fuel Doctor.

Charging Robotics is developing an automatic wireless charging system dedicated to public car parks. The advantage of the robotic wireless charging system is that it will automatically align the energy transmitting device with the onboard energy receiving device with high precision, thus enabling very high charging efficiencies. The system will be fully automatic, eliminating the need for the driver to remove the car after charging is complete, which will increase charger utilization and profit for the parking lot operator.

Charging Robotics is transforming the way electric vehicles are charged by using its robotics platform to provide automatic wireless charging. At the heart of the technology is a wireless energy transfer module that uses resonant coils to transfer energy wirelessly from the robot to the vehicle. The robotic platform is small enough to slip under vehicles, automatically positioning itself for maximum charging efficiency and returning to its docking station when the charging operation is complete. Once fully developed, Charging Robotics plans to install the system in public car parks, providing a solution that significantly reduces the cost of installing electric vehicle charging infrastructure compared to current alternatives.

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FDOC

Charging robotics is here to change the way electric vehicles are charged. The Company is developing a robotic platform to recharge vehicles wirelessly and automatically No more sockets, No more cables, No more looking for a parking space with a charger. At the heart of the technology is a wireless energy transfer module that uses resonant coils to transfer energy wirelessly from the robot to the vehicle. The robotic platform is small enough to slip under the vehicle, automatically positions itself for maximum charging efficiency and returns to its docking station when charging is complete.

In July 2021, Charging Robotics concluded a proof of concept, successfully demonstrating the capabilities of its wireless charging robot for electric vehicles. Charging Robotics’ mission is to overcome one of today’s greatest challenges in wireless electric vehicle charging – seamless and highly efficient battery charging for both manned and unmanned vehicles. The robotic platform carries an energy transmission coil, batteries and supporting electronics. The second component of the system is an EV simulator unit, which houses the target batteries to be charged, an energy receiving coil and supporting electronics. The robot navigates from its home position along a predefined route to the start position, which is a point close to the optimal charging position. Charging occurs at the maximum rate when the two coils are perfectly aligned. After arriving at the starting position, the alignment process begins. As energy was transmitted from the robot’s transmitting coil to the receiving coil, the robot was instructed to move in small increments to optimize the charge rate.

The market for electric vehicles is growing rapidly; despite covid 2020 turned out to be surprisingly positive with global electric vehicle sales growing by 43% compared to 2019 and the global electric car industry market share hit a record high of 4.6% 2021 a changed the game in the history of electric vehicle sales and approximately 6.4 million vehicles (EV and PHEV combined) were sold worldwide, representing a 98% year-over-year increase.

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FDOC hit OTCBB with a bang reaching a high of $0.7199 before dropping to lows of $0.30 and rising steadily from there on strong volume and investor interest. Charging Robotics is a spin-off from NASDAQ-listed Medigus Ltd, which merged with FDOC on March 10. The transaction resulted in Charging Robotics becoming a wholly owned subsidiary of Fuel Doctor, and Medigus received 80% of the issued and outstanding share capital of Fuel Doctor. . The stock has instant sex appeal and quickly attracted small cap heavyweights that are accumulating at current levels. Charging Robotics is transforming the way electric vehicles are charged by using its robotics platform to provide automatic wireless charging. At the heart of the technology is a wireless energy transfer module that uses resonant coils to transfer energy wirelessly from the robot to the vehicle. The robotic platform is small enough to slip under vehicles, automatically positioning itself for maximum charging efficiency and returning to its docking station when the charging operation is complete. Once fully developed, Charging Robotics plans to install the system in public car parks, providing a solution that significantly reduces the cost of installing electric vehicle charging infrastructure compared to current alternatives. We’ll update the FDOC when more details emerge, so make sure you’re subscribed to Microcapdaily so you know what’s going on with the FDOC.

Disclosure: We do not hold any position in FDOC long or short and we have not been compensated for this article