The newly formed entity will be based in the USA, supported by SMG’s global organisation.
Motherson Sumi Systems, part of the Samvardhana Motherson Group, through its subsidiary Samvardhana Motherson Automotive Systems Group on Monday formed a joint venture with Ossia In, innovator of the revolutionary Cota Real Wireless Power technology.
Motherson Innovations Company will hold a majority share in the JV and will aim at bringing Ossia’s Cota power system into the interiors of some of the world’s most popular vehicles. The newly formed entity will be based in the USA supported by SMG’s global organisation.
The JV will focus on the integration of Cota technology into a wide range of non-military passenger, commercial and public transportation vehicles. The JV aims to have its system deployed in both private and public vehicles by 2021 to not only deliver continuous wireless power to occupants’ personal device but also power various sensors in and on the vehicles themselves, including brake sensors, tire pressure gauges and key fobs.
In addition the JV will be the distributor of all Cota wireless power products across multiple verticals such as IoT and consumer devices in India.
“After extensive evaluation of multiple wireless power companies we have chosen Ossia as out preferred partner and we are investing to be a part of the broader Cota ecosystem”, said Vaaman Sehgal, Vice Chairman, SMG.