Toyota Licenses Wireless Battery Charging Tech from WiTricity Xconomy

15 мая 2014 | Author: | Комментарии к записи Toyota Licenses Wireless Battery Charging Tech from WiTricity Xconomy отключены
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Toyota Licenses Wireless Charging Tech from


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Toyota is more serious about charging for its electric cars, and a company is benefitting.

The world’s car-maker says it is licensing from Watertown, MA-based an MIT spinout that has developed to recharge batteries without wires.

The two companies didn’t say how money the deal is worth, but another sign of Toyota closer to WiTricity and its technology. In Toyota inked a partnership WiTricity and invested an undisclosed sum in the believed to be in the single-digit millions of

The new deal envisions Toyota the receiving end of a WiTricity-based charging in its electric and hybrid cars, outside manufacturers able to the other half of the system to car

It s a major step for WiTricity, business is built on licensing its technology to as many partners as in several industries. Having the car company in the world standardize on technology is a huge thing, CEO Giler said. We ll pop the champagne over here in Watertown.

s tech is pretty cool: the runs standard AC power a special coil, which it to a higher frequency and voltage and a special type of magnetic

A second coil, which at the same frequency, can then convert the energy in the magnetic back into electricity. In of cars, this has been by having a vehicle park a charging mat.

Today s is another step toward that wireless power emerge for real in electric Giler said. He points to s recent announcement that it to start testing wireless for plug-in Prius hybrids year in the U.S. Japan, and

 WiTricity also has ongoing with Audi and Mitsubishi.

In the industry believes the inflection for the adoption of electric cars is The money s on that, he said. Our is that wireless charging of cars will start to up in production models starting in the model year.

WiTricity has big-company investors, too in October, the said it had closed a $25 million E round from Intel and Foxconn, the well-known Chinese manufacturer. That put the company’s financing at about $65 million its founding in 2007.

The pattern from WiTricity s deal indicates that licensing agreements could those consumer electronics investments. Intel, Giler didn t just buy WiTricity for the investment promise: They to get it in computers.

Curt Woodward is a editor for Xconomy based in Email: cwoodward@xconomy.com Follow

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