WiTricity, the global leader in wireless charging for EVs, and FinePowerX, a supplier and total solution leader in smart factory technology, announced an agreement for technology licensing, according to PR Newswire.
We know wireless charging is the future for charging electric mobility devices of all kinds, and we’re excited to welcome FinePowerX as a licensee to expand the adoption of electric mobility by streamlining the charging experience. We are proud to see our intellectual property, technology and know-how accelerate industry growth, and we look forward to partnering with FinePowerX to continue the momentum.
Managing Director for WiTricity Asia Stephen Tsao
FinePowerX to develop products with WiTricity’s magnetic resonance technology
The agreement allows FinePowerX to develop and commercialize products with WiTricity’s patented magnetic resonance technology for personal mobility applications like electric vehicles.
Wireless Charging
Wireless charging is a priority for carmakers as they look to make electrified vehicles more appealing and user-friendly to the mass market and prepare for an autonomous future.
Since our inception, FinePowerX has focused on wireless power transfer technology. With a license from WiTricity for the development and commercialization of a wireless EV charger, we’re now taking that knowledge and research to the EV industry. We look forward to becoming a top supplier in the global EV wireless charging market by generating an incredible level of synergy with WiTricity through our combined expertise and technologies.
Dr. Byung-Duk Min, CEO, FinePowerX.
Carmakers in South Korea, where FinePowerX is based, are global leaders in an effort to introduce electric vehicles with wireless charging, as shown by Hyundai’s public demonstrations of automated valet concept video and WiTricity wireless charging technology.
About WiTricity
WiTricity is the pioneer in electric vehicle wireless charging, leading the development and implementation of magnetic resonance technology across commercial and passenger vehicles.
About FinePowerX
FinePowerX stands as a leading company in wireless power transfer, the core of semiconductor Fab logistics automation systems, and is extending its scope into the wireless charger market for EVs.
