Tesla betting $76M on Wiferion: the Future of Wireless Charging

Tesla betting $76M on Wiferion: the Future of Wireless Charging

By Nazmia Nassereddine, 18 August 2023

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

Register & Read for Free

Just login or create a free account to enjoy our content


Related Report

The State of the Electric Vehicle Revolution 2023

Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.