The new institutional entity will be located in the United States and supported by the Samvardhanana Motherson Group (SMG) global organization.

New Delhi: Automotive components giant Motherson Sumi Systems Limited (MSSL) on Tuesday announced a joint venture with Ossia through its subsidiary Samvardhana Motherson Automotive Systems Group BV. /p Ossia, headquartered in the United States, is the innovator of Cota Real wireless charging technology.

Samvardhana Motherson Automotive Systems Group B.V. (SMRPBV), a subsidiary of Motherson’s Innovations Company Limited (MI), will hold a majority stake in the joint venture. The new entity will be located in the United States and supported by the Samvardhanana Motherson Group (SMG) global organization.

In addition to the joint venture, MI will invest $14 million for a 4.5% stake in Ossia Inc. Globally, the joint venture will focus on the integration of Cota technology into a variety of non-military passenger, commercial and public transportation vehicles. “The goal of the joint venture is to have the system deployed in private and public vehicles by 2021 2000, providing continuous wireless power to passengers’ personal devices as well as to various sensors within the vehicle and in the vehicle itself, such as brake sensors and tire pressure,” the company said. Gage and MSSL in a statement:

The joint venture will be a distributor of all Cota wireless power products in India covering verticals such as IoT, consumer devices, etc.

“Our customers want the most advanced technology available today,” said Vaaman Sehgal, vice president of SMG. After an extensive evaluation of several wireless charging companies, we selected Ossia as our preferred partner and are investing in becoming part of the broader Cota. ecosystem. Providing wireless power for the automotive experience and other sensors is a huge technological advancement for automakers and consumers. ‘

SMG is a leading manufacturer of components and solutions for global automakers. MI Its mission is to develop new technologies and create a platform for introducing new ideas.

Mario Obeidat, CEO of Osea. “The joint venture validates that Cota Real wireless charging technology will be commercialized in the global automotive industry.”

Ossia is a Cota proprietary technology developer redefining wireless charging technology by securely delivering targeted energy to remote devices. Cota The technology utilizes radio frequency to power a variety of devices, including wearables, smartphones, automotive sensors, IoT devices, and batteries.