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Siemens buys into wireless charging tech by WiTricity

Siemens has acquired a minority stake in wireless charging specialist WiTricity for 25 million dollars (€23.3Mn). The companies will work together to drive the adoption of open, interoperable standards, while Siemens also becomes Witricity’s licensee. Siemens expects the wireless charging market to reach two billion US dollars in 2028 in Europe and North America alone, […] More…

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