FinePowerX Licenses WiTricity Technology to Enable Automatic Wireless Charging for Electric Vehicles

Wireless charging has the potential to create efficient, hassle-free solutions for electric vehicles.

  • The agreement will allow FinePowerX to use WiTricity’s wireless charging IP for electric vehicle applications
  • WiTricity’s highly efficient and patented charging solution provides a flexible and interoperable wireless charging system design
  • Companies are investing in wireless charging to make electrification more efficient, easier to use and more appealing to the mass market

Wireless charging systems

WiTricity, the global leader in wireless charging for electric vehicles, and FinePowerX, a South Korean-based supplier and total solution leader in smart factory technology, today announced they have entered into a technology licensing agreement. The agreement enables FinePowerX to develop and commercialize products using WiTricity’s patented magnetic resonance technology for personal mobility applications such as electric vehicles.

Stephen Tsao, Managing Director for Asia, WiTricity, said:

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.

Wireless charging has become a priority for automakers as they seek to make electrified vehicles more user-friendly and appealing to the mass market and prepare for a future that is autonomous. Automakers in South Korea, where FinePowerX is based, are global leaders in the effort to introduce EVs with wireless charging, as evidenced by Hyundai Motor Corporation’s public demonstrations of WiTricity wireless charging technology and automated valet concept video.

Dr. Byung-Duk Min, CEO, FinePowerX, said:

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.

This article was originally published by WiTricity.


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