WiTricity enters an IP licensing agreement with Anjie Wireless to accelerate EV adoption in China
WiTricity, a pioneer in wireless power transfer over distance, has announced an intellectual property licensing agreement with China-based Anjie Wireless, an automotive Tier 1 supplier.
“China is a leading force in EV innovation and adoption, and we are proud to partner with Anjie Wireless to build on the country’s EV momentum,” said Alex Gruzen, CEO, WiTricity.
Under the terms of the agreement, Anjie Wireless will license WiTricity’s patented magnetic resonance technology to develop and commercialise wireless EV charging systems for sale to leading carmaker brands in the Chinese market.
Most global automakers are currently expanding vehicle electrification in their product strategic plans. Making vehicle charging a convenient, seamless and efficient process is a top priority for accelerating EV adoption, and a critical component of autonomous vehicle deployment.
WiTricity’s DRIVE 11 system operates at 11kW of power and at an efficiency that matches or exceeds most conventional plug-in chargers.
China is pushing toward an all-electric vehicle future, and officials predict that a complete ban on gas-powered automobiles will happen by 2040. Chinese consumers are already adopting EVs in large numbers and are on track to purchase more than one million by the end of 2018. A recent McKinsey report claims that China now has a larger EV market – primarily Battery Electric Vehicles (BEVs) – than Europe and the United States combined.
WiTricity is actively involved in the Chinese EV ecosystem through its work with the China Automotive Technology and Research Center (CATARC) and China Energy Council (CEC) to develop the “GuoBiao standard” (GB standard), meaning “national standard,” for wireless EV charging.