🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Qualcomm, BMW Join Up For Wireless Car Charging

Published 08/25/2014, 01:46 PM
Updated 08/25/2014, 02:00 PM
Qualcomm, BMW Join Up For Wireless Car Charging
QCOM
-

By Angelo Young -

© BMW. Qualcomm's Halo wireless technology will charge the four BMW pace cars used in the upcoming FIA Formula E Championship racing series.

Wireless electric car charging is still a few years away from appearing on big city streets, but the technology will make an appearance at the debut of the first Fédération Internationale de l'Automobile (FIA) Formula E Championship that kicks off Sept. 13 in Beijing. Bayerische Motoren Werke AG (FRA:BMW) won the bid to provide four pace cars at the world’s first single-seat electric-car racing series.

The German luxury automaker has adapted two BMW i3 minis and a pair of i8 electric sports cars with standards approved by the FIA and fitted them with magnetic inductive receivers provided by San Diego-based tech company Qualcomm Inc. NASDAQ:QCOM.

“Wireless charging has the potential to radically improve the electric vehicle driver experience and Formula E provides the perfect platform in which to develop, test and showcase this exciting new technology,” Alejandro Agag, CEO of Formula E, said.

Wireless car charging allows electric vehicles (EVs) to draw electricity into their battery packs through so-called resonant magnetic induction between a ground level charging pad connected to an electric outlet and a receiver in an EV’s undercarriage. While it doesn’t provide much additional convenience as a private EV charging outlet, wireless car charging would be useful at designated municipal and public parking locations.

Qualcomm has been testing its Halo technology for the past couple of years, including trials that began last year in London. Now Qualcomm and BMW have a venue to promote their EV technologies at a new global racing series.

The new FIA Formula E Championship will host ten rounds in nine cities, ending in London in June 2015. Ten international EV racing teams will compete.

Here’s the Formula E schedule for the 2014-2015 racing season:

September 13 in Beijing.
November 22 in Putrajaya, Malaysia.
December 13 in Punta del Este, Uruguay.
January 10 in Buenos Aires.
February 14 -- location to be announced.
March 14 in Miami.
April 4 in Long Beach, California.
May 9 in Monte Carlo.
May 30 in Berlin.
June 27 in London.

The racing teams are:

London-based Amlin Aguri.
Indianapolis, Indiana-based Andretti Formula E.
Audi Sport ABT Formula E Team, based in Allgäu, Germany.
Beijing’s China Racing Formula E Team.
Dragon Racing Formula E Team of Los Angeles.
Le Mans, France-based e.dams-Renault Formula E Team.
Mahindra Racing, based in Mumbai.
Switzerland’s Trulli Formula E Team.
Venturi Formula E Team of Monte Carlo.
Virgin Racing Formula E Team of London. 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.