Bloomberg New Energy Finance predicts that 559 million EVs will be on the road by 2040, but three critical barriers could blunt future of adoption: cost of EVs, range anxiety, and inconvenient charging. The last is being tackled by MIT wireless-charging spinout WiTricity with its patented magnetic resonance technology. The company is working with global automakers and suppliers to embed wireless charging into next-gen EVs, and it announced licensees of its technology include Toyota, Delphi, TDK, IHI, Shindengen, Daihen, and BRUSA.
DRIVE 11, the latest iteration of the company’s technology, allows EVs of any type or size to automatically charge by positioning over a wireless charging pad cord-free. It offers flexible positioning, high efficiency and the ability to transfer power safely through materials like concrete, asphalt, snow, and ice. The wireless charging pads can be installed on the ground or embedded flush to the floor of a garage or road, and deliver the same power and charge speeds, and similar efficiency levels, as traditional plug-in charging methods.