THE EMERGING WIRELESS CAR CHARGING MARKET

Wireless Charging Systems for Electric Vehicles

4Q 2012 (Pike Research/Navigant)

“During the past few years, wireless charging for electric vehicles (EVs) has appeared to be mainly a promising technology with no viable market. In the last 6 to 12 months, however, these factors have begun to shift…

“…Nearly all of the major EV manufacturers have announced partnerships to develop wireless charging systems and there are signs that such systems, installed at the factory or added at the dealership, could become a market differentiator for EV models.”

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“The deployment of wireless EV charging systems is directly tied to the growth of…[the EV and wireless power markets]…Many trials with OEM vehicles have started up in 2012, and at least one vendor – Evatran, which markets its products under the marque “Plugless Power” – intends to bring a system to market in the first half of 2013…

“…Pike Research forecasts that wireless charging equipment for light duty vehicle sales will grow by a CAGR of 91% from 2013 to 2020, as wireless systems move from a retrofit technology to an integrated part of new EVs, reaching annual sales of 283,000 units in 2020…”

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