Qualcomm and Renault Announce Memorandum of Understanding on Wireless Electric Vehicle Charging Technology

LONDON, July 24, 2012 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) and Renault s.a.s. today announced a Memorandum of Understanding (MoU) concerning their intended cooperation on the London trial of Qualcomm Halo^™ Wireless Electric Vehicle Charging (WEVC) technology, and their intent with respect to conducting preliminary studies of the integration of this technology into Renault vehicles. Renault will also join the London trial steering committee.

In November 2011, Qualcomm announced a WEVC trial in London to commence in 2012 that is supported by a cross section of stakeholders ranging from government departments and agencies to commercial and private sector enterprises. The objectives of the trial are to evaluate the commercial viability of wireless EV charging and gain user feedback on the use of WEVC-enabled vehicles.

"We are very excited about the prospects of working with Renault, a global leader in electric vehicles and an innovator in the growing low carbon vehicle market," said Anthony Thomson, vice president of business development and marketing at Qualcomm. "Renault's participation in the WEVC London trial aligns with Qualcomm's drive to make charging of electric vehicles simple and effortless."

"Our intended participation in the WEVC London trial with Qualcomm complements Renault's European research and development project involving 10 partners to demonstrate wireless inductive charging of electric vehicles in a public environment with a high level of performance and safety," said Jacques Hebrard, vice president of Energy and Environment Advanced Projects director at Renault. "The deployment of wireless inductive charging requires inter-operability between cars and ground systems within common European and, hopefully, worldwide standards."

About Qualcomm 
Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G and next-generation wireless technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.

About Renault
Renault was created in France over 110 years ago and has been active on international markets ever since. It designs, develops, manufactures and sells a broad range of vehicles through a network of 350 industrial and commercial sites in 118 countries. Its full range of electric vehicles accessible to all is the standard-bearer of its environmental commitment. The Group is aiming for leadership in CO2 emissions thanks to its zero emission in use product line and new generation of combustion engines. The average emissions of its European product range will drop from 137 g/km in 2010 to 120g/km in 2013 and below 100g/km in 2016. Today's Renault features innovation for all, top-quality products and services and a new design philosophy.

The company continues to pursue its strategy of profitable growth with its associated brands, Dacia and Renault Samsung Motors. The Renault group employs 128,000 people worldwide, reported net revenues of €42,628 million in 2011 and sold more than 2.7 million vehicles in 2011.

Qualcomm is a trademark of Qualcomm Incorporated, registered in the United States and other countries. Qualcomm Halo is a trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

Qualcomm Contacts:
Tina Asmar, Corporate Communications
Phone: 1-858-845-5959
Email: [email protected]

Warren Kneeshaw, Investor Relations
Phone: 1-858-658-4813
Email: [email protected] 

Renault Contact:
Aline Henry
Phone: 00 33 1 76 84 01 83
Email: [email protected] 
www.media.renault.com

SOURCE Qualcomm Incorporated