WiTricity, a creator of wireless charging systems, has signed an intellectual property (IP) license agreement with Toyota. Under the agreement, Toyota is expected to offer wireless charging on future rechargeable plug-in hybrid electric and fully electric vehicles.
WiTricity does not manufacture its own wireless charging products, but instead licenses the technology to others for manufacturing.
Similarly, under license from WiTricity, Toyota will enlist third-party charging system suppliers to build the charging systems for their cars.
"WiTricity's mission is to make wireless charging available as widely as possible, and this announcement is a significant step toward accomplishing that mission," WiTricity CEO Eric Giler, said in a statement. "We envision a world in which wireless charging accelerates the adoption of clean, green electrified vehicles. To have Toyota, the world's leading carmaker, licensing our intellectual property, underscores the importance of the technology."
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