Toyota on Track Toward Wireless Charging for Plug-Ins

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

prius-plug-in-blizzard-pearl

Though Toyota (NYSE:TM) recently caused a stir with its fuel-cell vehicle debut, the leading hybrid automaker is signaling it is far from finished with battery-powered electric cars. According to a report in Automotive News, Toyota has acquired the rights to wireless charging technology that would allow its plug-in vehicles to charge away from outlets.

Boston Business Journal reports that an agreement Massachusetts-based Witricty gives Toyota the ability to add wireless charging technology to plug-in hybrids and all-electric vehicles the automaker produces in the future. The system will involve pads installed in parking spaces that attract power from nearby outlets through magnetic resonance, which they will then transfer into electric power that will charge the batteries of a plug-in Prius and other vehicles.

The lack of charging facilities is one of the obstacles keeping the electric vehicle industry in its current state. Since lithium-ion batteries power all-electric vehicles like the Tesla (NASDAQ:TSLA) Model S and the Prius plug-in, no EV can exceed 300 miles without requiring a charge. Hydrogen fuel-cell vehicles will likely have greater range, but they have yet to make it to mass production because of fueling limitations.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business