Tesla acquires a German company that specializes in wireless charging for batteries

 Such acquisitions are usually announced with details of the acquisition, but both Tesla and the German company Waverion have not commented on the deal. What we know so far is that Waverion reports that it is now part of “Tesla Engineering Germany GmbH.” The purchase price has not been announced but is believed to be $76 million, as this figure was mentioned in Tesla’s latest earnings report as “ business groups”. The German company, Waverion, has experience in developing and manufacturing wireless charging systems and has provided its solutions mainly for conveyor systems, forklifts and robots, according to a report from global media.

Such acquisitions are usually announced with details of the acquisition, but both Tesla and the German company Waverion have not commented on the deal. What we know so far is that Waverion reports that it is now part of “Tesla Engineering Germany GmbH.” The purchase price has not been announced but is believed to be $76 million, as this figure was mentioned in Tesla’s latest earnings report as “ business groups”. The German company, Waverion, has experience in developing and manufacturing wireless charging systems and has provided its solutions mainly for transportation systems, forklifts and robots, according to a report from the global media. “Products and services in robust electronics and other technical disciplines to support the development of electric vehicles and stationary energy storage systems and devices.” Tesla has been vocal about its recent development of wireless charging solutions for electric cars, and it is assumed that it will use the German company's expertise in this field to improve its own system on a large scale. The American electric car maker mentioned its wireless charging system during its investor day in March, When the presentation by Rebecca Tinucci, head of global charging architecture at Tesla, included a slide showing an image of a Model S parked on top of what appeared to be a wireless charging pad.

News of Tesla's latest acquisition comes shortly after a consortium of automakers including BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group and Stellantis announced it was forming a partnership to build a North American electric vehicle charging network to rival Supercharge network. The alliance's plan calls for at least 30,000 chargers across the United States and Canada, with support for CCS and NACS sockets, charging capacities of at least 250 kW, and a maximum charging capacity of 400 kW.