Wave to expand utah facility to increase manufacturing capacity for high-power wireless vehicle charging

Wave's second facility located near its utah headquarters to accommodate rapid growth in personnel, doubling current employee capacity for in-person work facility will also accommodate development of 500 kilowatt and 1-megawatt systems increase in inductive charging projects reflects the critical role high-power wireless charging plays in the transition to zero-emission fleets salt lake city , april 6, 2022 /prnewswire/ -- wave, a wholly-owned subsidiary of ideanomics (nasdaq: idex), and developer of high-power, wireless inductive charging solutions for medium- and heavy-duty commercial vehicles, today announced its facility expansion to accommodate the growing demand for its high-power wireless vehicle charging systems. located across the street from the company's current salt lake city headquarters, the new 12,000 square-foot facility will support wave's expanding engineering, testing and production teams and provide more space for product line expansion.
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