Qualcomm and BRUSA Sign Commercial Wireless Electric Vehicle Charging License Agreement

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Qualcomm (QCOM), BRUSA Elektronik Enter WEVC Patent License

July 29, 2015 7:33 AM EDT

Qualcomm (NASDAQ: QCOM) and BRUSA Elektronik AG announced that they have entered into a Wireless Electric Vehicle Charging (WEVC) patent license agreement. BRUSA, an automotive Tier 1 power electronics supplier, has licensed Qualcomm HaloTM patented inventions to commercialize WEVC systems for Plug-In Hybrid and Electric Vehicles (EVs). Under the terms of the agreement, Qualcomm granted to BRUSA a royalty-bearing patent license to develop, make and supply WEVC systems for certain automobile manufacturers.

Automobile manufacturers around the world have spotted the huge potential of wireless charging as it is user friendly.... More