According to the Breakthrough Agenda report released by the International Energy Agency (IEA), global progress on net-zero transport falls short of the Paris Agreement goals. By the end of 2021, zero-emission vehicles will account for less than 1% of the global car fleet. The IEA believes that by 2030, the proportion of electric vehicles in the world needs to increase to 10% to 25%.
MEV fuse for electric vehicle energy storage system
Electric vehicle charging has become one of the key issues in the energy transition. Most of the solutions are charging stations. One of the solutions is wireless (inductive) charging, which is an enhanced version of wireless charging for smartphones. According to Siemens, the wireless charging market will reach $2 billion by 2028 in Europe and North America alone. From a larger perspective, consumers are reluctant to choose electric vehicles based on the inconvenience of charging, and wireless charging provides a more convenient way to free car owners from range anxiety.
The Massachusetts-based developer of WiTricity wireless charging technology has entered into a licensing agreement with German technology company Wiferion, which will use WiTricity's patented intellectual property to jointly develop wireless charging technology for industrial equipment, including automobiles. WiTricity, whose core business is automobiles, won an investment from German auto supplier Siemens this summer, boosting the company's confidence in promoting wireless charging in the industrial sector. WiTricity is also working closely with Siemens to develop wireless charging standards, with the goal of bridging the gap in global standardization of wireless charging for electric buses and light commercial vehicles.
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