Wireless EV Charging is the "WAVE" of the Future
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Posted On: 04/30/2021 10:02:35 AM
Wireless EV Charging is the "WAVE" of the Future
$IDEX - Ideanomics' inductive charging solutions provider "WAVE" has sales traction for design simplicity and safety and eliminates range concerns. WAVE has deployed ~60 charging units to date, ranging from 50 kW to 250 kW. Pads are placed along bus or commercial vehicle's route, providing in-service charging while vehicles load and unload. Availability of WAVE charging on Medici vehicles likely lifts sales prospects for both parties. WAVE generated $7m in revenue in 2020, and we model growth to $85m in 2025.
Ideanomics Acquires Utah-based Wireless Charging Provider WAVE
https://investors.ideanomics.com/2021-01-05-I...vider-WAVE
$IDEX - Ideanomics' inductive charging solutions provider "WAVE" has sales traction for design simplicity and safety and eliminates range concerns. WAVE has deployed ~60 charging units to date, ranging from 50 kW to 250 kW. Pads are placed along bus or commercial vehicle's route, providing in-service charging while vehicles load and unload. Availability of WAVE charging on Medici vehicles likely lifts sales prospects for both parties. WAVE generated $7m in revenue in 2020, and we model growth to $85m in 2025.
Ideanomics Acquires Utah-based Wireless Charging Provider WAVE
https://investors.ideanomics.com/2021-01-05-I...vider-WAVE
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