Volvo Group Venture Capital invests in wireless electric charging

Volvo Group Venture Capital has invested in Momentum Dynamics – a company which provides wireless charging technology for commercial electric, connected and autonomous vehicles (C/AVs). Per Adamsson, vice president at the Volvo subsidiary, says: “High capacity charging up to 300 kW for trucks, buses, construction equipment, industrial and marine applications will support the electrified transition.” Wireless electric charging is expected to allow any vehicle to automatically connect to the electrical
January 17, 2019 Read time: 1 min
609 Volvo Group Venture Capital has invested in 8880 Momentum Dynamics – a company which provides wireless charging technology for commercial electric, connected and autonomous vehicles (C/AVs).


Per Adamsson, vice president at the Volvo subsidiary, says: “High capacity charging up to 300 kW for trucks, buses, construction equipment, industrial and marine applications will support the electrified transition.”

Wireless electric charging is expected to allow any vehicle to automatically connect to the electrical power grid without supervision or use of wires or cables.

Volvo Group Venture Capital invests in companies which support Volvo’s business in areas such as electromobility and C/AVs.

In July 2018, Momentum deployed its 200 kW wireless charging system to allow the Chattanooga Area Regional Transportation Authority’s %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external electric transit buses false http://www.itsinternational.com/sections/general/news/momentum-deploys-200-kw-wireless-charging-system-for-carta-buses/ false false%> to travel longer distances in Tennessee, US.

Related Content

  • Canadian gov invests in PEI’s EV charging infrastructure
    March 18, 2019
    The Canadian government has committed CAN$300,000 to develop six electric vehicle (EV) chargers across Prince Edward Island (PEI) province. The funding is part of the government’s CAN$182.5 million investment to develop a fast-charging network for EVs and establish natural gas stations along roads and hydrogen stations in metropolitan areas. It recently made a similar investment in Vancouver. The chargers, built by the Government of PEI, were funded through Natural Resource Canada’s Electric Vehicle and A
    Read More
  • EVs providing power to Portuguese island
    June 17, 2019
    Electric vehicles (EVs) are being used to power people’s homes on an island in the Atlantic Ocean. Part of Portugal’s Madeira archipelago, Porto Santo is using solar-powered EVs, according to a BBC report. They are charged during the day, with unused energy returned to the grid at night. The Portuguese island is not the only part of the world seeking to harness the potential of solar energy for EVs. In India, Bharat Heavy Electricals is setting up a network of solar-based electric vehicle
    Read More
  • Nobina adds special services to bus operations in Denmark
    February 19, 2019
    Bus operator Nobina is to acquire parts of public transport company Örslev Holding to offer special public transport services in Denmark. The scope of the DKr.15.5 million (£1.8m) deal includes 16 buses which offer regular services in South Zealand coastal area and 21 buses for special needs transportation. Nobina has also taken steps to transition in the electric mobility space. In 2018, the company deployed 13 electric buses from Volvo Buses in the Swedish city of Malmö. The Volvo 7900 Electric buses
    Read More
  • Groupe PSA trials car-sharing service in Washington, DC
    October 31, 2018
    French car manufacturer Groupe PSA says its ‘free-floating’ car-share service provides members in Washington, DC with access to 600 vehicles. The Free2Move service is available to drivers for a $10 membership fee and does not include late fees, per trip fees or insurance charges, the company adds. Members can use the Free2Move app to locate, book and open/lock the vehicles. This pilot coincides with Maven’s announcement to expand its peer-to-peer car-share service in Washington, DC – and other US
    Read More

Highlighted Content