Tokyo, Apr 27, 2011 - (JCN Newswire) - Toyota Motor Corporation (TMC) has entered into a technological collaboration agreement with Massachusetts, United States based WiTricity Corporation* concerning the practical application of automotive wireless charging systems and the promotion of their widespread use. TMC plans to participate in a WiTricity capital increase.
WiTricity's charging technology uses resonance, which allows charging without direct contact and is more efficient than electromagnetic-induction, another wireless technology - but one that requires contact - that is starting to come of age in mobile phone and other chargers. TMC believes that resonance wireless charging is suitable for automobiles and aims for its early practical use.
The collaboration is aimed to accelerate development and eventual implementation of wireless charging for automobiles. The charging of a plug-in hybrid or electric vehicle could be as simple and convenient as parking near an embedded charger at a home or in a parking facility.
In the Toyota Global Vision announced in March, TMC expressed its commitment to leading the way to the future of mobility by integrating automobiles, homes and information technology. Wireless charging is just one of the many technologies TMC seeks to develop for the future.
* http://www.witricity.com
About Toyota
Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of March 2012, Toyota conducts its business worldwide with 50 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 160 countries and regions. For more information, please visit www.toyota-global.com.
Contact:
Toyota Motor Corporation
Corporate Communications Department
Public Affairs Division
Tel: +81-3-3817-9150
Apr 27, 2011
Source: Toyota
Toyota (TSE: 7203) (U.S: TM)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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