Tesla officially acquires wireless charging startup

Entertainment

Tesla has officially acquired Germany-based wireless charging startup, Wiferion, as the automaker is expected to launch its own wireless charging platform.

Earlier this year, we reported that Tesla was the leading potential acquirer of Wiferion, a Germany-based wireless charging startup known for inductive charging technology for industrial robots and electric vehicles, according to official company documents.

Now a few months later, several German publications have confirmed that Wiferion has accepted an offer to be fully acquired by Tesla.

The official cost of the transaction hasn’t been disclosed, but as previously reported, it is expected to be in the high double-digits – meaning likely between $50 and $100 million.

A year ago, this move would have been surprising for Tesla, which has never shown any interest in wireless charging.

The problem wireless charging solves is not a major one – having to plug in your car. It’s not a super difficult or time-consuming task. Nonetheless, Tesla has previously talked about automating the task in order to be ready for self-driving technology. If the cars could drive themselves, it would make sense for them to be able to charge themselves without a human needing to plug them in.

Over the years, Tesla has favored an automated robot arm instead of wireless charging to complete this task, but things have changed recently.

Earlier this year, Tesla teased a new wireless home charging station – pictured above.

Now it’s likely that this acquisition could accelerate this effort.

Wiferion was founded in 2016 and has developed inductive charging solutions for industrial robots and electric vehicles. It has reportedly deployed over 8,000 chargers, primarily for industrial robots.

Articles You May Like

Body of woman, 21, found in flat
Iowa QB McNamara clarifies rumors about status
Trump watches SpaceX launch, but test flight does not go as planned
Tesla says Nissan EV drivers now have access to its Supercharger network
Spain to legalise 300,000 undocumented migrants a year