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With the largest number of high-power wireless charging systems deployed, WAVE is enabling commercial fleet operators to extend the range of medium- and heavy-duty electric vehicles beyond that of diesel vehicles. Legacy plug-in and overhead (pantograph) charging systems require time-consuming, hands-on intervention, clutter landscapes, and expensive maintenance. WAVE’s solution is hands-free and has no moving parts. Within seconds of scheduled stops, the high power needed for meaningful range extension is transferred from ruggedized pads embedded in the roadway to a receiving pad on the vehicle’s undercarriage. In 2021, WAVE joined the Ideanomics family and became part of a synergistic ecosystem of clean mobility solutions, from vehicle to charging to energy. With systems ranging from 125kW to 500kW and a 1MW charger in development, WAVE is minimizing the total cost of ownership and maximizing operational efficiency for EV fleets around the world.

WAVE Questions

The WAVE annual revenue was $17.8 million in 2026.

2 people are employed at WAVE.

WAVE is based in Salt Lake City, Utah.

The SIC codes for WAVE are [47, 472].

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