// Hacker Noon · 25 May 2026

REPS Raises $23.6M to Electrify Roads as Market Heads to $1.4B by 2033

### Frequently asked about REPS **What is REPS?** Road Energy Production System, a patented road power plant developed by Austrian cleantech REPS GmbH that converts vehicle traffic into clean electricity. **Who founded REPS?** Alfons Huber founded REPS in 2023 in Mils, Tyrol. He developed the techno...

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