Local recharge technology in $70m US deal – Motoring – NZ Herald News

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Gavin Covic and John Boys of Auckland University. Photo / Supplied

Auckland boffins are in the money with an electrifying deal worth about $70 million for technology which allows electric cars to be charged without cables.

A joint-venture firm established by Auckland University has been bought by US firm Qualcomm after inventing the “Inductive Power Technology” device.

Cars simply drive over a pad, which transfers electricity to the vehicle.

In video demonstrations, the device sends the owner a message when the charging is complete.

And the technology is advertised as completely safe – the video shows a cat walking under a car as electricity is transferred, with no ill effects. 

I am so proud that it took NZers to think of this!

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