DMS to Help InductEV Meet the Growing Demand for Wireless Charging from Fleet Owners & Operators and Port and Freight Terminals
DETROIT, and KING OF PRUSSIA, Pa., Jan. 10, 2024 /PRNewswire/ -- Wireless commercial vehicle charging took a big step forward today with an agreement between Detroit Manufacturing Systems and InductEV. In the landmark agreement, DMS, a large-scale, U.S.-based assembly provider, will bring its operations, manufacturing, quality by design, and supply chain expertise to InductEV allowing the latter to more quickly scale to meet customer demand.
InductEV is reinventing how electric commercial fleet vehicles charge their batteries by charging on route, using clean renewable electricity. With its wireless induction solution now deployed worldwide and with 18 patents granted and 23 in process, the King of Prussia, PA-based company is the global leader in high-power, high-speed wireless EV charging and AI-software powered energy management.
Under the terms of this agreement, DMS will:
- Manufacture InductEV's hardware, including in-ground and under-vehicle inductive pads.
- Manage InductEV's supply chain and procurement.
- Utilize engineering expertise to facilitate high quality, design for manufacturing and assembly.
- Co-develop design optimizations to prepare for a 100-fold increase in production volume.
"We couldn't be more pleased to have a manufacturing partner, known for its high standards and operating rigor, combine forces with our proprietary engineering," said Barry Libert, Chairman and CEO, InductEV. "Our complementary areas of expertise will enable us to meet the growing demand from commercial fleet owners and operators, as well as Intermodal facilities and Ports, for our advanced, AI-managed wireless charging solution."
Among its product offerings, Detroit Manufacturing Systems currently handles manufacturing for the Ford EV F-150 Lightning signaling its expertise in advanced electric vehicle components and systems production. InductEV's patented technology is currently being used in locations throughout North America and Europe, including in Washington State, Indianapolis, Martha's Vineyard, and in Gothenburg, Sweden, Volvo's hometown. (Volvo Ventures is an InductEV investor.) The company is poised to announce the largest commitment by a U.S. port facility to its wireless charging technology.
"We recognize and applaud InductEV's efforts to wirelessly electrify commercial fleets, the biggest contributor in transportation to greenhouse gas emissions worldwide," added Bruce Smith, Chairman and CEO, Detroit Manufacturing Systems. "We look forward to bringing our manufacturing, quality and supply chain expertise to this partnership and creating a successful venture that will help reduce this sector's carbon footprint at a considerable cost savings for all involved."
InductEV's proprietary, on-route wireless charging solution shifts EV charging to daytime use of renewables. It reduces the need for large EV batteries, lowering vehicle costs, and eliminates the need for recycling by extending battery life by a factor of 4-8X. Wireless charging also enables the broad deployment of autonomous vehicles.
ABOUT InductEV
InductEV (formerly Momentum Dynamics) is revolutionizing how electric commercial fleet vehicles charge their batteries. With its proprietary on-route wireless solution now deployed throughout North America and Europe and with 18 U.S. patents and 23 pending, the King of Prussia, PA-based company is the global leader in high-power, high-speed wireless EV charging and AI-software powered energy management. The company just opened one of world's first R&D centers for wireless vehicle charging. (https://www.inductev.com/)
About Detroit Manufacturing Systems (DMS)
Detroit Manufacturing Systems (DMS) is a contract manufacturing and assembly company that is committed to and is constantly striving for manufacturing excellence and perfect quality. This is achieved through meticulous mistake proofing and a culture of continuous improvement. DMS' GIFTED & RICH fundamental beliefs, management principles, and core values guide the staff in proactively and transparently engaging with customers and suppliers. DMS is also committed to protecting the local and global environment and minimizing the environmental impacts concerning their activities, products and services. For more information on Detroit Manufacturing Systems visit https://www.dmsna.com/.
Media Inquiries (for DMS):
CONTACT: Katrina Luts, Expand Marketing Group
PHONE: 586-747-7418
E-MAIL: [email protected]
CONTACT: Dawn Kelley, Expand Marketing Group
PHONE: 734-765-1429
E-MAIL: [email protected]
Media Inquiries (for InductEV):
CONTACT: Peter Himler, Flatiron Communications
PHONE : 516-729-6461
E-MAIL: [email protected]
CONTACT: Erin Mahoney, Flatiron Communications
PHONE: (m) 917-213-2935
E-MAIL: [email protected]
SOURCE InductEV and Detroit Manufacturing Services
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