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ACCELERATING EV ADOPTION WITH WIRELESS CHARGING

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ACCELERATING EV ADOPTION WITH WIRELESS CHARGING

  1. 1. Charge Happy™ Accelerating EV Adoption with Wireless Charging Hubert Wolters, Vice President of Business Development – Europe EV Charging Infrastructure Conference, Berlin, 21 Nov. 2022
  2. 2. Video: https://witricity.com/newsroom/videos/this-tesla-charges-wirelessly/
  3. 3. © WiTricity 2022 | WiTricity Confidential “Cars are unsafe – without ‘horse sense’ the driver won’t stay on the road”
  4. 4. 4 © WiTricity 2022 | WiTricity Confidential “There will never be more than 30,000 cars, there aren’t enough chauffeurs to drive them”
  5. 5. It’s human nature. We understand new things we see by comparing to what we already know.
  6. 6. 6 © WiTricity 2022 “EVs won’t take off until you can fill them as quickly as you can fill a car with gas”
  7. 7. 7 © WiTricity 2022 | WiTricity Confidential Can you “logic” people through a Paradigm Shift?
  8. 8. Consumer Survey 8 © WiTricity 2022 • WiTricity partnered with Qualtrics and surveyed 1,053 Americans interested in purchasing an EV. • 95% of Gen X are interested in wireless charging. • 98% of Millennials find the technology appealing. • Benefits that resonate the strongest vary by demographics: • Baby Boomers appreciate not dealing with cords, not plugging in (72%), not unplugging (62%). • Millennials like having access to the latest tech (46%). • The availability of wireless charging increased the likelihood of an EV purchase by 68%. • Wireless charging was more interesting than acceleration/performance, unique interior, unique exterior, top-line audio, self-driving.
  9. 9. 9 2022 20 Wireless charging increases EV purchase intent up to 68% Wireless charging will reduce EV anxiety, enable EV adoption Consumers value the ease of charging and the certainty of “being charged every morning” Intent to Purchase an EV Without and then With Wireless Solution % Very or Extremely Likely to Acquire EV Interest in Wireless EV Charging Solution Total 81% Very OR extremely interested © WiTricity 2022 NO WIRELESS WIRELESS
  10. 10. We can improve the experience. 10 © WiTricity 2022
  11. 11. Wireless Charging is as Efficient as the Plug 11 © WiTricity 2022 Wireless and conductive chargers have similar functional blocks End-to-end efficiency is comparable for both types of charging The power electronics that provide resistance and loss, are present in both systems • Both must convert AC power to DC power • Both contain PFC, Inverter and Rectifier
  12. 12. The Power of Magnetic Resonance 12 © WiTricity 2022
  13. 13. WiTricity Advantages 13 © WiTricity 2022
  14. 14. 14 McLaren Speedtail FAW HongQi E-HS9 BAIC ArcFox Genesis GV60 Zhiji L7 2020 2022 2021 WiTricity Technology– Being launched into production © WiTricity 2022
  15. 15. 15 © WiTricity 2022 Video: Hyundai Genesis GV60 – Wireless Charging
  16. 16. In 2020, Global Standards Organizations Selected WiTricity Technology for Wireless Charging 16 © WiTricity 2022 Globally SAE J2954 PUBLISHED IN OCTOBER 2020 Global standards bodies ISO and IEC have aligned and will follow suit WiTricity owns, controls or can license 100% of patents currently declared as essential to SAE standard China China GB Standard RATIFIED IN APRIL 2020 WiTricity owns, controls or can license majority of patents currently declared as essential to GB standard
  17. 17. 17 © WiTricity 2022 Industry giant Siemens invests $25M and validates WiTricity’s approach Market Opportunity Siemens’ internal estimates point to a $2B market by 2028 in Europe and North America alone Technology Maturity Collaboration agreement accelerates wireless charging deployment and underscores product and roadmap readiness IP Licensing agreement validates WiTricity’s leading patent portfolio as foundational for EV wireless charging 17 © WiTricity 2022
  18. 18. Summary 18 © WiTricity 2022 • Leader in wireless EV charging - First to market • Well-funded, Tier 1s & Strategic Investors • Strong IP portfolio of 1,250+ patents • Standards compliant: Interoperability, Safety • Strong technology suite and roadmap • Durability: No moving parts, less maintenance • Ability to tailor to customer needs • Wide variety of use cases • Global partnerships
  19. 19. Are you ready to get started? We are. Conversation - Q&A 19 © WiTricity 2022 Further Questions or Feedback Hubert Wolters, hubert.wolters@witricity.com https://www.linkedin.com/in/hubertwolters/

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