Siemens invests in WiTricity to advance wireless charging for electric vehicles

Siemens has invested $25 million in WiTricity, a wireless charging technology company specialising in EV charging. By investing, Siemens has acquired a minority stake in WiTricity, and entered the EV wireless charging market in earnest.  Whilst WiTricity has raised more than this in previous single rounds of funding, it is a significant gesture by Siemens …

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