WiTricity, a global developer of wireless charging technology, is now attracting millions in new investments from automotive suppliers and tech companies and entering into a new agreement with a major manufacturer of wireless charging systems for industrial vehicles.
WiTricity estimates wireless charging increases factory uptime 32% through efficiencies gained by allowing a continual autonomous operations as well as eliminates safety concerns related to the elimination of exposed electrical connectors.
“The three important parts are one, investment, second, the collaboration agreement where we'll be driving product into the market. Siemens will be selling wireless charging infrastructure. They'll have a license to our technology patent portfolio and can develop, build and extend upon the products under license using our patents,” explained Gruzen.
Siemens estimates the global market for wireless recharging will reach $2 billion by 2028 in Europe and North America alone. Indeed, WiTricity worked closely with the SAE to develop a standard for wireless charging and one goal of the company's new relationship with Siemens is to bridge the gaps in the global standardization of wireless charging for electric passenger and light duty commercial vehicles.
The “sweet spot” for passenger cars is 11 kilowatts or 35 miles of range per hour Gruzen noted. For larger, commercial vehicles that spot is heftier. “The grid will not be able to support it. The cost of the infrastructure, the cost of fast chargers, the cost per kilowatt hour is awful,” Gruzen said. “In practice if you use DC fast charging to deliver the bulk of your kilowatt hours you give up all the cost savings of shifting to electric versus gasoline and probably impacted battery life.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Siemen's New Home-Charging Solution Means No Electric Panel UpgradesSiemens is teaming with ConnectDER to offer an inexpensive plug-and-play EV home-charging setup that connects directly to your electric meter, limiting upgrades.
Read more »
Here’s How the 2022 Hyundai Ioniq 5 Compares with the Kia EV6Despite drastically different designs, Hyundai and Kia's EV SUVs share major components and have minor distinctions.
Read more »
Man charged in Capitol riot assault on officer Sicknick pleads guilty to reduced chargesThe Capitol police officer had 2 strokes and died of natural causes the day after the attack.
Read more »
Canada welcomes U.S. bill to expand North American EV tax creditsOTTAWA — Canada on Thursday welcomed a deal reached by U.S. senators to back a bill that includes an expansion of tax credits for electric vehicles (EV)…
Read more »
Canada welcomes U.S. bill to expand North American EV tax creditsOTTAWA — Canada on Thursday welcomed a deal reached by U.S. senators to back a bill that includes an expansion of tax credits for electric vehicles (EV)…
Read more »
US Senate Deal To Expand EV Tax Credits, Income Caps, Price CapsWhile it seemed more and more clear that a new EV tax credit wasn't going to happen, Manchin is involved in this revamp, and it's quite promising.
Read more »