According to Fulton, the inductive system is 80% efficient and a few tweaks could boost that to almost 90% – just a few percentage points shy of the traditional wired charger. More importantly, the efficiency actually increases as you boost the voltage, which could further reduce charge times.
Fulton and its partners also worked on a smartphone application that can keep track of charging, estimate completion time and identify your vehicle when you pull into a charging station, allowing you to pay for your juice right through the app. Our compatriots at Engadget shot video of the system in action, along with some of the other applications Fulton is working on. Check it out.