- Focus on leveraging Holcim’s magnetizable concrete for inductive charging of vehicles
- Other applications include robot recharging in warehouses and factories
Holcim announces its financial investment in Magment, to expand their existing collaboration in the breakthrough field of road-based electric charging solutions. Together the companies have jointly developed an innovative concrete formulation enabling wireless inductive charging technology. Possible applications include roads that can charge electric vehicles while in motion, or warehouses and factories where robots can be continuously recharged.
Edelio Bermejo, Head of Holcim’s Global Innovation Center: “Holcim and Magment share a common goal: to accelerate our world's transition to net-zero through innovative and sustainable solutions. By 2040 virtually every new car sold globally will be electric. We are excited to combine our magnetizable concrete with Magment’s technology in order to enable vehicles to charge as they move.”
Mauricio Esguerra, Founder and Chief Executive Officer of Magment: “We are excited to reinforce our partnership with Holcim and welcome them as a cornerstone investor. Our work together will help advance inductive charging infrastructure to reinvent the way electric vehicles are charged, making it seamless, convenient and sustainable.”
Holcim’s open innovation ecosystem is composed of 120 innovative startups around the world pioneering new technologies to accelerate our world’s transition to net zero. For instance in France, Holcim recently invested in the startup CCB Greentech to develop TimberRoc, the first wood concrete for precast construction with a negative carbon footprint. Holcim is also working with startups to advance 3D printing to build more quickly using less materials, such as its partnerships with XTreeE to create 3D printed concrete bridges and COBOD to build 3D printed concrete windmill tower bases.
