San Diego, April 1, 2016 - Qualcomm Incorporated (NASDAQ: QCOM) and Ricardo today announced that they have signed a license agreement for wireless charging (EVVC) technology for electric vehicles. Ricardo is a global engineering, strategy, technology and environmental consulting firm with world-renowned expertise in powertrain and automotive engineering, including small batch manufacturing and assembly of high performance products. Ricardo has licensed Qualcomm HaloTM technology to commercialize electric vehicle wireless charging systems for plug-in hybrid and electric vehicles. Under the terms of the agreement, Qualcomm has granted Ricardo a patented technology license to develop, manufacture and deliver electric vehicle wireless charging systems for automotive manufacturers. The Qualcomm subsidiary will provide technical expertise and engineering support. As automakers want to reduce emissions, they are increasingly focusing on hybrid and electric vehicles. Ricardo believes that electric vehicle wireless charging technology will promote automakers to promote the large-scale use of electric vehicles / plug-in hybrid vehicles by simplifying charging problems. Ricardo sees Qualcomm Halo technology as an advanced wireless charging solution for electric vehicles that will have the potential to promote the wider adoption of electric vehicles and meet the charging needs of car manufacturers and drivers for simple and convenient electric vehicles. With the growing demand for higher power, faster charging, different deployment methods (such as buried charging panels), and wireless charging systems for electric vehicles that charge SUVs, taxis, and self-driving cars, the partnership with Qualcomm will Help Ricardo design and build wireless charging systems for electric vehicles that meet the current and future wireless charging needs of automotive manufacturers. Ricardo CEO Dave Shemmans said, “Stepwise electrified transportation is very important to support the entire society's reliance on fossil fuels that emit carbon dioxide and improve our city's air quality. Wireless charging technology will be very The potential to become a booster for the widespread use of pure electric vehicles and plug-in hybrid vehicles, and ultimately environmental benefits. Therefore, I am very pleased that through the agreement announced today, Ricardo will be able to design based on Qualcomm Halo technology The solution makes it an integral part of our low-emission and zero-emission vehicle and transportation technologies." Steve Pazol, vice president and general manager of wireless charging at Qualcomm Incorporated, said, "Ricardo brings a lot of expertise in automotive engineering, truly focusing on high-performance, advanced engineering solutions and deepening the direction of the automotive industry. Insight. We are pleased to work with Ricardo. This collaboration will further enhance the Qualcomm Halo automotive supply chain, providing traditional car manufacturers and emerging electric vehicle manufacturers with wireless charging options for electric vehicles." Ricardo will benefit from the comprehensive engineering support provided by the Qualcomm subsidiary, enabling it to develop commercially available and technologically advanced wireless charging systems for electric vehicles and will support the future design of the evolving wireless charging system for electric vehicles. Qualcomm Halo's development of wireless charging technology for electric vehicles will focus on cost and package optimization, power, interoperability and coexistence with other in-vehicle systems. Advanced technology lines will provide continuous improvements, support for standardized and interoperable electric vehicle wireless charging technology, and are suitable for static and eventual dynamic charging. Qualcomm continues to expand its business partnerships in the electric vehicle ecosystem and strengthen the value of its technology, engineering and collaboration. About Qualcomm Incorporated Qualcomm Incorporated (NASDAQ: QCOM) is a global leader in 3G, 4G and next-generation wireless technologies, including the Technology Licensing Service (QTL) and its vast portfolio of patents. Qualcomm Technologies, Inc., (QTI), a wholly owned subsidiary of Qualcomm Incorporated, operates Qualcomm's engineering, R&D activities and all product and services businesses, including its semiconductor business QCT, with its subsidiaries. For more than 30 years, Qualcomm's ideas and innovations have driven the evolution of digital communications, bringing people everywhere closer to information, entertainment and each other. About Ricardo Ricardo is a global cross-industry consulting firm providing engineering, technology, project innovation and strategic consulting. We are committed to delivering outstanding value by focusing on efficient, low-emission, superior product innovation and reliable strategic implementation engineering solutions. Over the past century, our customer list has included the world's leading transportation equipment manufacturers, supply chain organizations, energy companies, financial institutions and governments. Guided by corporate values ​​of “Respect, Integrity, Creativity and Innovation, and Passionâ€, we enable our customers to achieve sustainable growth and business success.
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