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.

For more information on companies in this article

Related Content

  • Uber seeks to resume AV trials nearly eight months after Arizona fatality
    November 6, 2018
    Uber wants to resume testing its self-driving cars on public roads nearly eight months after one of its autonomous vehicles (AV) killed a pedestrian in Arizona. The ride-hailing company has released a voluntary safety report to the US National Highway Traffic Safety Administration which includes safety enhancements to help prevent crashes and fatalities. Uber says its AVs would include two mission specialists – employees who have completed advanced training courses in self-driving vehicle operations. The
    Read More
  • Nova Bus delivers 55 hybrid e-buses to Toronto
    November 26, 2018
    Nova Bus has delivered 55 hybrid electric buses to the Toronto Transit Commission (TTC) in Canada in a bid to reduce emissions. The deployment is part of a larger order of 325 buses which was made last year. Nova says the buses feature electric motors from BAE Systems which reduce maintenance costs and emissions. The heating, ventilation and air conditioning are fully electrified along with the doors and power steering. Adam Vaughan, member of parliament for Spadina-Fort York, in Toronto, says: “
    Read More
  • VW goes electric in China
    April 30, 2018
    Volkswagen will invest €15bn in electric and autonomous vehicles (AVs) in China by 2022, according to a report by Euractiv.com. Herbert Diess, the German carmaker’s chief executive, claimed at a press conference in Beijing that the money would make mobility cleaner, safer and more intelligent to help improve people's lives.
    Read More
  • Wireless dynamic charging for fully electric vehicles: challenges and concepts
    January 15, 2016
    The 25 partners of the FABRIC project have organised a one-day conference highlighting the different aspects of FEV (fully electric vehicle) dynamic charging. Taking place at the Ertico offices in Brussels, the conference will discuss the concept of wireless charging technology for road vehicles and its potential to facilitate a shift from petrol and diesel to electric vehicles.
    Read More

Highlighted Content