Shindengen Licenses WiTricity Technology for EV Wireless Charging

Automotive Tier 1 power electronics supplier to develop wireless
charging systems for electric vehicles

WATERTOWN, Mass. & TOKYO–(BUSINESS WIRE)–WiTricity,
the industry pioneer in wireless power transfer over distance, today
announced an intellectual property licensing agreement with Shindengen,
a Tokyo-based world leader in the development and manufacture of
high-quality, reliable power conversion products and automotive
electronics. Shindengen is a Tier 1 supplier to global carmakers and
motorcycle manufacturers. Under the terms of the agreement, Shindengen
will license WiTricity’s patented technology to develop and
commercialize high-performance wireless charging systems. These systems
will enable next generation electric vehicles (EVs) and hybrid electric
vehicles (HEVs) to charge effortlessly by simply parking over a wireless
charging pad. Shindengen will utilize WiTricity’s DRIVE 11 reference
design to accelerate its development of Shindengen products for both the
vehicle and for the charging pad. The DRIVE 11 system can fully charge a
long-range EV overnight (identical charge time as conventional wired
chargers) and can re-charge a hybrid vehicle in an hour or less.

Carmakers around the world have identified wireless charging as a key
differentiator in the marketplace because of the convenience it offers
to vehicle owners. Shindengen’s wireless charging system, utilizing
WiTricity’s patented technology, will transfer power to a vehicle safely
and at high efficiency, eliminating the need for plug-in charging cables
required by first generation electrified vehicles. WiTricity is working
with a number of international standards organizations, such as SAE
J2954, to develop standards for wireless charging systems with the goal
of ensuring interoperability of wireless charging systems for EVs and
HEVs on a global basis.

“WiTricity is the leader in the technology of wireless charging, and we
look forward to a strong partnership,” said Yoshinori Suzuki, President
and CEO of Shindengen. “The market for electric vehicles is growing
rapidly, and Shindengen intends to be a leading supplier of wireless
charging systems, as well as for other power electronics systems and
components.”

“We are pleased to have Shindengen as a licensee and technology
partner,” said Alex Gruzen, CEO of WiTricity. “Shindengen is well
positioned to be a leading Tier 1 supplier in the Japanese and global
markets, as they have strong relationships already with many automotive
and motorcycle OEMs.”

About WiTricity
WiTricity develops solutions to enable
wireless power transfer over distance using its patented magnetic
resonance technology. WiTricity works with top global carmakers and Tier
1 suppliers to deploy magnetic resonance solutions, helping realize a
future of transportation that is electrified, shared and autonomous.
WiTricity supports consumer electronics, industrial and medical wireless
solutions through our licensee partners. See
how WiTricity makes EV charging easy. Visit
us, or follow us on Facebook, Twitter and LinkedIn.

About Shindengen
Shindengen is a Tokyo-based world leader in
the development and manufacture of high-quality, reliable power
conversion products including power semiconductors, custom AC/DC power
supplies, DC/DC converters, telecom rectifiers, automotive electronics
and solenoids. In recent years, environmentalism has been gaining
momentum, demanding that power electronics companies do more to address
global warming and to make efficient use of energy resources.

Since its founding in 1949, the Shindengen Electric Manufacturing
Company’s business has centered on power electronics, such as power
semiconductors and switching power supplies.

As one of the few manufacturers in the world that combines power
semiconductor process technology, power supply circuit expertise and
high-density packaging technologies, we, Shindengen will fuse, develop
and apply our core technologies to create products that do their part in
making the low-carbon society a reality.

Contacts

Version 2.0 Communications for WiTricity
Allison Shamon,
617-426-2222
[email protected]