WiTricity Extends Recent Funding For A Total Of $52M
Wireless power transfer leader WiTricity announced an additional $18 million to its previously announced October fund raise of $34 million for a total of $52 million. The extension included investments from Tony Fadell’s Future Shape and other private investors. Fadell…
Mitsubishi Invests In WiTricity, For Wireless EV Charging Push
Mitsubishi Corporation is investing in WiTricity, a company that sells wireless-charging systems for plug-in cars, WiTricity announced in a press release. The specific amount invested by Mitsubishi was not disclosed, but it was part of a recently-closed $34 million investment…
WiTricity Technology Integral To China’s Wireless EV Charging Standard
WiTricity’s patented technology is foundational to the Chinese national standard (GB standard) for wireless electric vehicle (EV) charging ratified and published by the China Electricity Council (CEC). Standardization is critical to large-scale deployment of wireless charging for EVs both in China and…
