Tesla betting $76M on Wiferion: the Future of Wireless Charging
In a groundbreaking move that's set the electrification world buzzing in early August, German wireless charging innovator, Wiferion, has been acquired by global EV giant, Tesla. Though the exact value of the acquisition has not been made public, Tesla’s second-quarter cash flow statement notes a US $76 million spent on “business combinations.” This acquisition could potentially be a game-changer in the world of EV charging; despite wireless EV charging still being in its nascent stages, this acquisition is certainly a strong vote of confidence from America’s number one EV manufacturer.
Who is Wiferion?
Established in 2016 out of Freiburg, Germany, before it became Wiferion, the company was previously known as Blue Inductive. Wiferion has a simple yet revolutionary mission: r