The globe’s first open experiment in “wireless charging” will take place later this year on a kilometer-long strip in Balingen, Germany. Its purpose is to demonstrate the viability of a technology that has long been seen as aspirational and innovative in the EV charging industry.
BMW is one of many automakers that already offers cars with pads that allow recharging while the vehicle is parked. However, the possibility of recharging batteries while operating a vehicle (dynamic charging) has extensive consequences for the sector.
There are significantly insufficient charging stations to serve the several automobiles anticipated on the roadways, automakers and industry advocacy organizations have warned. Additionally, these groups have voiced concern over a possible scarcity of battery components by, or soon after, the next ten years. Nevertheless, according to analysts, dynamic charging enables cars to hold lighter batteries, allowing for the more efficient use of scarce resources throughout a greater number of vehicles.
According to Andreas Wendt, the project’s goal is not just to make wireless charging available to the general public throughout Germany. Another important feature involves the creation and application of a technology that will help general transportation organizers determine where to construct the leading transportation system in a certain region.
If the dynamic charging is shown to be scalable and economically viable, it may provide a workaround for the shortage of static charge stations. However, the technology still needs to overcome several major obstacles before it is validated. To prevent the technology from duplicating itself across brands and models, parts must be compatible, allowing competing car brands to share a charging system. Furthermore, the cost of installing underneath pads for charging may be expensive. There is also the broader issue of coordinating energy networks, the larger auto sector and main road operators.
But according to Michael Hurwitz, implementing this technology for private vehicles is far more difficult; therefore, fleets or controlled fleets will be the first to employ it. Hurwitz asserts that this technology has the best opportunity of succeeding if it is woven into the system of creating and maintaining roadways, both for commercial and operational purposes.
However, this decade will see some advancements in technology. Given that there are not enough plug-in charge stations, IDTechEx forecasts that drivers of high-end vehicles will possess about 700,000 of wirelessly recharged cars by 2032.
Automakers have already started experimenting with the technology. Although Volvo Cars intends to test wireless charging on its XC40 electric vehicles, Stellantis Fiat owner says it has been a process since 2021 on its private fleet. This is a useful strategy to assess future alternatives for charging electric vehicles.
As wireless charging gains ground, it is possible that future models from various EV makers such as Fisker Inc. (NYSE: FSR) will invariably come with equipment to tap this charging option.
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.greencarstocks.com
Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greencarstocks.com/Disclaimer
Green Car Stocks
Los Angeles, CA
www.greencarstocks.com
415.949.5050 Office
[email protected]
Green Car Stocks is part of the InvestorBrandNetwork.
