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Metal Tiger Plc

Copper in EV Charging

As the popularity of electric vehicles continues to grow, the increased demand highlights the charging challenges owners often face. Charge stations are not widely distributed or available, and all require the driver to connect a cable to the car. However, electrical power, unlike liquid fuels, does not require a physical connection to the car, so as wireless charging technology advances, it will become convenient to charge in many more places without connecting cables. Get ready for wireless charging.

A wireless charging system consists of fixed and mobile modules. In the case of leading wireless-charging technology company, WiTricity, the fixed part has a wall mounted power converter that changes normal mains electricity (at 50 or 60 Hz) to the much higher frequency of 85 kHz. 

Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.