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WiTricity, the industry pioneer in wireless power transfer over distance, has entered into licensing and technology transfer agreements with Green Power, a leading South Korea-based supplier of power electronics and high power wireless charging systems for various applications.

The agreements allow Green Power to leverage WiTricity's innovative technology and reference designs for wireless electric vehicle (EV) charging systems. South Korean automakers are clear global leaders in the effort to introduce EVs with wireless charging, as evidenced by Hyundai Motor Corporation’s public demonstrations.

Green Power will base its product offerings on WiTricity's DRIVE 11 reference designs, which deliver 11 kW of power at efficiency and speeds that match or exceed conventional plug-in EV chargers, creating a delightful user experience with no compromises.

WiTricity’s DRIVE 11 reference designs will comply with the upcoming SAE, ISO/IEC and GB (China) global standards. Standardization provides the foundation for the dramatic growth of the wireless charging ecosystem by making interoperability a reality. OEMs, Tier 1 & 2 suppliers and infrastructure suppliers can come to market with the confidence that their standards-compliant products will work reliably together.

“We expect wireless charging to become a key feature and a catalyst to the growth of the EV market,” said Jung G. Cho, CEO of Green Power. Green Power aims to be a leading supplier of wireless charging infrastructure. “We are proud to cooperate with WiTricity and leverage WiTricity’s patented technology to bring these EV wireless charging systems to market as quickly as possible.”

"We are excited about the progress we’re making in South Korea – it’s a strategic market for EV adoption with leading global automakers,” said Alex Gruzen, CEO, WiTricity. "Green Power brings extensive knowledge and expertise in wireless power transfer systems, including success delivering research prototypes for EV charging. This agreement recognizes the importance of WiTricity’s intellectual property, technology and know-how for commercialization of wireless charging.”

For more details, visit: https://witricity.com/

Company Name: WiTricity
About Company: WiTricity develops wireless power solutions using its patented magnetic resonance technology. WiTricity works with top global automakers and Tier 1 suppliers to deploy EV wireless charging, helping realize a future of transportation that is electrified, shared and autonomous.
Person of Contact: Allison Webster
Designation: Corporate Communications
Phone: 617-426-2222

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