Charge Your EV While Driving? A Legacy Automaker's Patent Aims To Make It A Reality
Portfolio Pulse from Chris Katje
Ford Motor Company (NYSE:F) has filed a patent for a 'Roadway Charging Coil Alignment' system, which would allow electric vehicles (EVs) to charge while driving. The patent was filed in January 2022 and published by the U.S. Patent and Trademark Office in July. Ford is also partnering with Tesla Inc (NASDAQ:TSLA) to access over 12,000 Tesla Superchargers in the U.S. and Canada from 2024. From 2025, Ford will offer next-generation EVs with the North American Charging Standard connector built-in, eliminating the need for an adapter to access Tesla Superchargers.
August 17, 2023 | 4:46 pm
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Ford's patent for a system to charge EVs while driving could give it a competitive edge in the EV market. The partnership with Tesla for Supercharger access also enhances its EV offerings.
The patent, if realized, could solve one of the major concerns of EV owners - charging time and availability. The partnership with Tesla also expands Ford's charging network, making its EVs more attractive to potential buyers.
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IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Tesla's partnership with Ford for Supercharger access could increase the usage of its charging network and potentially generate additional revenue.
The partnership with Ford could lead to increased usage of Tesla's Supercharger network, potentially generating additional revenue. However, the impact may be limited as it's one of many partnerships Tesla has.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50