InductEV, a producer of wireless charging systems for electric vehicles (EVs), is moving to a new headquarters building in King of Prussia. Yahoo Finance reported the need for more elbow room for the tech company.
The main driver behind the relo to 660 Allendale Road and the 50,000+ sq. ft. it will provide is the market.
Barry Libert, InductEV Chairman and CEO, said “Demand for our products is growing faster than ever, and this new location gives us the room we need to keep up with that rapidly growing demand.”
The new location is a modern, energy-efficient mixed-use facility designed with the needs of a rapid growth company in mind. In addition to greater office and research and development space, there are open areas for collaboration and meetings, larger engineering labs, and a modern kitchen and café, along with better outdoor lighting and parking facilities.
InductEV Chief People Officer, Patti Rensel called the new building a “… perfect space for our growing team to flourish.”
InductEV systems are in commercial use in 20+ fleets across the U.S. and Europe. Corporate leaders are in current discussions with a leading EV charging network to expand its high-powered, wireless availability.
More on InductEV is at Yahoo Finance.
Further details on wireless charging for vehicles.