, a venture capital (VC)-backed startup that’s developing wireless charging technology for electric vehicles (EVs), has acquired Qualcomm’s EV wireless charging unit Halo.

Terms of the deal were not disclosed, but Qualcomm said it will become a minority shareholder in WiTricity as a result of the transaction.

Challenge

While the EV market is still modest compared to that of petrol and diesel, electric vehicles are expected to accelerate significantly over the next decade — EV

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