WAVE Charging
- Company typePrivate
- Founded2010
- HeadquartersSalt Lake City, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
WAVE Charging firmographics
Firmographics- Name
- WAVE Charging
- Legal name
- Wave Wireless Charging, LLC
- Website
- https://wavecharging.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
WAVE Charging industry classification
Industry- Product category
- Wireless EV Charging Infrastructure
- NAICS
- Electrical Equipment Manufacturing (3353), Electrical Equipment Manufacturing (33531)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electronic Coils, Transformers & Other Inductors (3677)
- akta.pro primary industry
- EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)
- akta.pro secondary industries
- EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF)
Keywords
Where WAVE Charging is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
WAVE Charging business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Wireless Charging Hardware Systems: Sale of wireless inductive charging systems including ground-mounted primary pads, vehicle-mounted secondary receivers, and smart power electronics. Systems range from 125kW to 500kW+ power output.
- Implementation & Site Services: Site assessment, custom engineering design, installation support, and commissioning services for charging infrastructure deployment.
- Ongoing Technical Support: Optional technical support, predictive maintenance, software updates, and performance optimization services throughout system lifecycle.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom Enterprise Solutions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
WAVE Charging product offering
Product offeringCore offering
WAVE Charging designs, manufactures, and deploys industrial-scale wireless inductive charging systems that deliver 125kW to 500kW+ of power to medium- and heavy-duty commercial electric vehicles across an air gap of up to 8 inches at 92%+ total system efficiency. The offering includes ground-mounted charging pads, vehicle-mounted receivers, smart power electronics, and a cloud-based fleet management platform, sold with site assessment, custom engineering, installation support, and ongoing technical services. Customers are transit agencies, ports, airports, warehouse and distribution operators, and autonomous vehicle fleet operators in North America.
Product overview
WAVE Charging offers a unified wireless inductive charging platform for commercial medium- and heavy-duty electric vehicles, spanning from 125kW to 500kW+ power output. The core WAVE Wireless Charging System forms the foundation, with sector-specific solutions built on top: Transit & Shuttle Charging and Electric Bus Charging for public transit fleets; Ports & Airports Charging and Terminal Tractor Charging for port and industrial operations; Warehouse & Distribution Charging and Delivery Truck Charging for logistics; and a dedicated Autonomous Vehicles solution for driverless fleets. Additional offerings include Extend Electric Bus Range and Reduce Depot Charging Infrastructure as operational optimization modules. A cloud-based fleet management platform provides data visualization and route optimization. All solutions share the same core inductive charging technology (92%+ efficiency, up to 8-inch air gap tolerance) adapted to each vehicle segment's operational requirements.
Differentiator
Problem solved
Functional benefit
Products and services
- WAVE Wireless Charging System Industrial-scale wireless inductive charging system delivering 125kW to 500kW+ of power through electromagnetic fields across an air gap of up to 8 inches at 92%+ total system efficiency from grid to battery. Includes ground-mounted primary pads, vehicle-mounted secondary receivers, smart power electronics, and a cloud-based management platform with automatic vehicle authentication for commercial fleet operators.
- Transit & Shuttle Charging Wireless charging solution for public transit and shuttle fleets enabling opportunity charging during passenger boarding and depot operations, delivering 125kW to 500kW+ with automatic activation via single button press. Reduces depot charging infrastructure by up to 50% while maintaining full service schedules and extending electric bus range beyond standalone battery limits.
- Ports & Airports Charging Industrial-grade wireless charging solution for ports and airports, powering terminal tractors, yard trucks, reach stackers, ground support equipment, and cargo handlers with all-weather sealed operation. Designed to withstand salt air, flooding, and extreme temperatures where plug-in chargers fail due to cable damage and corrosion.
- Warehouse & Distribution Charging Wireless charging solution for warehouse, distribution, and delivery truck fleets that integrates with loading dock infrastructure, enabling automatic charging during loading operations. Adds 50-100 miles of range per loading cycle, improves vehicle utilization by up to 20%, and supports multiple vehicle types with route optimization via cloud-based management.
- Wireless Charging for Autonomous Vehicles Wireless charging solution designed for autonomous commercial fleets including self-driving trucks, shuttles, and yard equipment. Enables driverless vehicles to charge by positioning over ground pads and initiating power transfer by command rather than by a person plugging in, integrating seamlessly with autonomous duty cycles including staging, loading, and layover stops.
Quantifiable outcome
- Transit agencies achieve 50% reduction in depot charging infrastructure while maintaining full service schedules
- +5 more outcomes
Companies that use WAVE Charging
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
WAVE Charging technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
WAVE Charging partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- U.S. Department of EnergycoreWAVE partnered with the U.S. Department of Energy for a consortium deployment project in 2024, supporting research and development of wireless charging technology for commercial electric vehicles.
- CumminscoreCummins partnered with WAVE in 2024 for a consortium deployment project focused on wireless charging technology integration for commercial electric vehicles.
- Venture LogisticscoreVenture Logistics participated in the 2024 consortium deployment project with WAVE, Cummins, and the U.S. Department of Energy for wireless EV charging deployment.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
WAVE Charging competitors and assessment
Company assessmentBroad incumbents
- ABB E-mobility: ABB E-mobility is a leading global supplier of EV charging infrastructure including depot and high-power DC fast chargers for commercial fleets. While ABB's portfolio is plug-in rather than wireless, it competes for the same transit, port, and logistics fleet electrification budgets that WAVE targets.
- ChargePoint: ChargePoint is a large-scale EV charging network and hardware provider with a broad commercial fleet offering (depot and workplace charging). It addresses the same fleet electrification customers as WAVE through a wider portfolio, though primarily wired Level 2 and DC fast charging rather than wireless.
- Tesla (Megacharger): Tesla's Megacharger for the Semi is a high-power plug-in DC fast charging solution for Class 8 trucks, representing a competing architecture to WAVE's wireless approach. As a broad EV/charging incumbent with captive vehicle production, Tesla is a key alternative fleet operators may evaluate against WAVE.
Direct peers
- WiTricity: WiTricity is a wireless power transfer technology company with significant EV charging focus, having licensed its technology to OEMs and Tier 1 suppliers. It competes with WAVE in the inductive EV charging category, though more focused on light-duty and passenger vehicles than heavy-duty fleets.
- InductEV (formerly Momentum Dynamics): InductEV is the closest direct competitor to WAVE, building high-power (300kW+) wireless inductive charging systems for commercial fleets including transit buses, ports, and trucks. Both companies target opportunity charging during operational stops for Class 8 and heavy-duty electric vehicles with comparable use cases.
- HEVO Power: HEVO develops wireless charging systems for commercial EV fleets, including opportunity charging for delivery vehicles and transit. It overlaps with WAVE's core fleet customer segments and wireless charging approach, though HEVO has historically operated at lower power levels.
- Electreon: Electreon specializes in wireless charging for electric vehicles, including both stationary and in-road dynamic charging for buses, trucks, and passenger vehicles. It directly competes with WAVE in the wireless EV charging hardware market with deployments in Europe and Israel.
Emerging players
- Nuvve: Nuvve focuses on vehicle-to-grid (V2G) technology and bi-directional EV charging, including fleet applications. It is an emerging player in commercial fleet charging software and energy management that intersects with WAVE's cloud-based fleet management platform functionality.
- Heliox: Heliox builds high-power DC fast charging systems specifically designed for bus and commercial EV depots. As an emerging specialist in heavy-duty fleet charging infrastructure, it overlaps with WAVE in serving transit agencies and bus OEMs but takes a plug-in rather than wireless approach.
Others
- Char.gy: Char.gy provides connected EV charging infrastructure for fleets, depots, and public-sector clients in the UK. It is an adjacent infrastructure provider in the commercial EV charging ecosystem, addressing similar fleet electrification use cases as WAVE in a different geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
WAVE Charging social profiles
Digital presenceWAVE Charging financial estimates
Financial estimateRevenue estimate
Valuation estimate
WAVE Charging leadership team
Management profileNumber of profiles
Profiles7 records
WAVE Charging funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WAVE Charging M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WAVE Charging
What does WAVE Charging do?
WAVE Charging designs, manufactures, and deploys industrial-scale wireless inductive charging systems that deliver 125kW to 500kW+ of power to medium- and heavy-duty commercial electric vehicles across an air gap of up to 8 inches at 92%+ total system efficiency. The offering includes ground-mounted charging pads, vehicle-mounted receivers, smart power electronics, and a cloud-based fleet management platform, sold with site assessment, custom engineering, installation support, and ongoing technical services. Customers are transit agencies, ports, airports, warehouse and distribution operators, and autonomous vehicle fleet operators in North America.
Is WAVE Charging a public or private company?
WAVE Charging is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was WAVE Charging founded?
WAVE Charging was founded in 2010. It employs 11 to 50 people.
Where is WAVE Charging based?
WAVE Charging is headquartered in Salt Lake City, United States, in the North America region.
How does WAVE Charging make money?
Three revenue lines are on record. Wireless Charging Hardware Systems are the primary driver. The others are implementation & Site Services and ongoing Technical Support.
Who are WAVE Charging's main competitors?
Broad incumbents on record are ABB E-mobility, ChargePoint and Tesla (Megacharger). Direct peers are WiTricity, InductEV (formerly Momentum Dynamics), HEVO Power and Electreon. Emerging players are Nuvve and Heliox. Char.gy is listed as an others.
Does WAVE Charging have an API?
No public API is recorded for WAVE Charging.
What industry is WAVE Charging in?
WAVE Charging's product category is Wireless EV Charging Infrastructure. Its primary akta.pro industry code is IMACACAE, EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers), with a secondary code of TLAKAMAG, EV Charging Network Management & Software Services (CPMS, Monitoring, Billing). Its NAICS code is 3353 and its SIC code is 3600.