Navitas And SHINRY Accelerate New-Energy Vehicle Developments With Next-Gen Power Semiconductors
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Navitas Semiconductor (NASDAQ:NVTS) and SHINRY have opened a joint R&D power laboratory to accelerate the development of New-Energy Vehicle (NEV) power systems using Navitas' GaNFast technology. The lab aims to create more efficient, higher power density, and cost-effective power systems for NEVs. The collaboration will involve system-level R&D and support from Navitas' EV system Design Center in Shanghai. The partnership is expected to enhance the market competitiveness of SHINRY's products and contribute to the growth of the new energy industry.
January 25, 2024 | 1:38 pm
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Navitas Semiconductor's partnership with SHINRY to develop advanced NEV power systems could enhance its market position and drive demand for its GaNFast technology.
The establishment of the joint R&D lab with SHINRY is a strategic move for Navitas, likely to boost its profile and demand for its GaNFast technology in the NEV sector. This collaboration with a supplier to major automobile manufacturers could lead to increased adoption of Navitas' technology, potentially resulting in positive short-term stock price movement.
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