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Frost: Inductive EV charging growing – News – Tire Business – The Tire Dealer’s No. 1 News Source

MOUNTAIN VIEW, Calif. (June 9, 2014) — Inductive charging is being offered as an automotive aftermarket solution with attractive financing options, according to Frost & Sullivan Inc., but the cost of purchasing and installing an inductive charging solution is approximately 30-percent higher than that of conductive charging.

In its latest research report, Frost & Sullivan noted that automotive OEMs are partnering with participants from many different vertical markets in order to test the inductive charging products, which are expected to boost the inductive charging market for electric vehicles (EVs) by about 126 percent by 2020.

More http://www.tirebusiness.com/article/20140609/NEWS/140609929/frost-inductive-ev-charging-growing?X-IgnoreUserAgent=1

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