Pennsylvania-Based Company Recognized by TIME Editors for its Technology That is ‘Revolutionizing the World’
InductEV, a leading innovator in inductive wireless vehicle charging, has been recognized by TIME magazine as one of the ‘Best Inventions’ for 2024. This prestigious accolade underscores the transformative potential of InductEV’s technology, which is poised to revolutionize the way electric commercial fleets operate and contribute to a cleaner, more sustainable future.
Selected from thousands of entries globally, InductEV’s technology impressed TIME editors with its originality, efficacy, ambition, and impact. The annual TIME list features 200 groundbreaking inventions that are reshaping how we live, work, and think about the possibilities of tomorrow. InductEV was recognized in the Sustainability category for its “InductEV Wireless Charging Network,” a testament to its commitment to reducing greenhouse gas emissions and addressing the inefficiencies within the commercial transport sector.
InductEV’s innovative wireless charging solution addresses a critical need in the transportation industry. Road freight vehicles are responsible for over 2 billion tons of CO2 emissions annually, contributing significantly to global emissions. InductEV’s technology tackles this challenge head-on, enabling shorter charging sessions throughout the day, eliminating the reliance on time-consuming overnight wired charging. This shift in charging paradigm not only optimizes energy use but also reduces friction for both power utilities and fleet operators, maximizing the utilization of clean energy sources.
“InductEV’s engineers and our colleagues who support them deserve the lion’s share of praise for this prestigious recognition and the tireless work that led to it,” stated John F. Rizzo, InductEV’s President and CEO. “The commercial transport industry is at a tipping point in its electrification and decarbonization efforts. As a result, we are seeing tremendous interest in and adoption of our solution.”
A Proven Track Record of Innovation and Success
InductEV’s high-power wireless charging system operates by using inductive charging pads. An in-ground pad is instantly activated when paired with an under-the-vehicle pad, delivering seamless and efficient charging. The company’s current systems range from 75 kW to a powerful 450-kW wireless charge, capable of quickly replenishing the batteries of even the most demanding electric vehicles.
InductEV’s commitment to innovation is evident in its impressive portfolio of 105 patents worldwide, with an additional 118 patents pending. This dedication to research and development has resulted in numerous successful deployments of their technology across North America and Europe. Some notable examples include:
*
A partnership with Seattle’s Sound Transit to deploy double-decker electric buses along its busiest routes.
By the end of 2026, half of all battery electric buses in Washington state are projected to be charged by InductEV’s on-route wireless chargers.*
The first deployment of wireless charging electric port tractors at the AP Moeller Maersk Terminal in Port Elizabeth, NJ.
This groundbreaking project demonstrates the potential of InductEV’s technology to revolutionize port operations and reduce emissions in the maritime sector.*
Operational municipal transit buses in Indianapolis, Martha’s Vineyard, Oregon, and other locations.
InductEV’s wireless charging solution is making a tangible difference in communities across the country, enabling cleaner and more sustainable transportation options.*
An OEM integration with Phoenix Motor Inc., a leading manufacturer of heavy- and medium-duty transit buses.
This collaboration signifies the growing acceptance of InductEV’s technology within the electric vehicle industry, making wireless charging a standard feature in new buses.*
A partnership with Volvo for a wireless-charging taxi fleet of 20 electric SUVs in Gothenburg, Sweden.
This project highlights InductEV’s global reach and its commitment to supporting the adoption of electric vehicles in various transportation sectors.InductEV’s success is a testament to its commitment to driving innovation and creating a cleaner, more sustainable future for transportation. With its cutting-edge technology and unwavering dedication, InductEV is poised to become a driving force in the global transition to electric transportation.
