Electric vehicles are proving to be a solid replacement for vehicles that use fossil fuels. Electric vehicles use electric motors instead of conventional internal combustion engines, which run on batteries. Wireless electric vehicle charging systems enable these vehicles to be charged without the need of being plugged into a charging station. Wireless charging systems use electromagnets that charge the vehicle's batteries through inductive charging. Wireless charging systems can charge EVs without the need to properly align the vehicle. The technological development in wireless charging technology has increased the efficiency of wireless chargers which has increased their applicability and demand in the electric vehicle market.
1. In May 2021, HEVO announced its ground-mounted pad which is capable of wirelessly charging EVs. HEVO said that the company will be working with Flex contract manufacturing company located in Austin, Texas, for the delivery of its first order, which includes 200 devices.
2. In October 2021, WiTricity patented a wireless charging system in South Korea for its use on Battery Electric Vehicles in the country. WiTricity said that the technology will be first used in the Hyundai Genesis GV60.
3. In December 2021, Toyota Motor Corporation announced that it has started working on creating a dynamic wireless power transfer system that will be able to charge the electric vehicle while they are being driven. This will be achieved through specific devices which will be installed across cities and highways, enabling EVs to get charged wirelessly while they are on the road.
4. Zhejiang VIE has made an investment of $5 million in Plugless Power which is working on developing technologically advanced wireless electric vehicle charging systems.
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Qualcomm Technologies is an American MNC that is actively involved in the production of semiconductors, smartphone processors, and wireless technologies. Qualcomm has a wide product portfolio. It is one of the leading names in the wireless electric vehicle charging systems market.
Robert Bosch is a German MNC which is active in providing engineering and technology solutions mainly in business areas. Bosch extensively provides EV solutions which include various technologies related to the EVs, including the EV chargers.
Continental is a German MNC that manufactures various automotive parts and accessories. The company is headquartered in Hanover, Lower Saxony, Germany. Although Continental is largely known for its tires, the company has a significant market share in the wireless electric vehicle charging systems market.
WiTricity Corporation is solely dedicated to creating wireless electric vehicle charging systems. The company started in 2007 to commercialize the patented technology of wireless charging developed by a team of physicists from MIT. WiTricity provides various wireless charging solutions for EVs.
Toyota Motor Corporation is one of the largest automobile manufacturers in the world. The company was started in 1937 and is currently headquartered in Toyota City, Aichi, Japan. Toyota Motors has captured a significant market share of the EV market and is also involved in marketing EV accessories.
Toshiba Corporation, commonly known as Toshiba, was founded in 1875 and is currently headquartered in Minato, Tokyo, Japan. Toshiba provides various products and services in businesses including the EV accessories.
Bombardier Inc. is a Canadian company that primarily manufactures business jets. The company entered the wireless EV charging systems market with the launch of inductive charging stations for its PRIMOVE electric buses in Germany.
Texas Instruments is an American company specializing in various technologies related to semiconductors and ICs.
Fulton Innovation is a subsidiary of Alticor Corporation. The company specializes in various cutting-edge technologies which are meant to elevate the daily lives of people. The company was founded in 2006.
Integrated Device Technology is an American company which is located in San Jose, California. The company develops semiconductor solutions that are used in telecommunications and other consumer electronics.
The market for wireless electric vehicle charging systems is rapidly growing because of growth factors such as increasing EV demand and the advantages offered by wireless charging systems.
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