Texas Instruments Collaborates With Delta Electronics To Advance Electric Vehicle Onboard Charging
Portfolio Pulse from Benzinga Newsdesk
Texas Instruments (TXN) is collaborating with Delta Electronics to advance electric vehicle onboard charging. The partnership will leverage both companies' R&D capabilities in power management and power delivery to optimize power density, performance, and size, aiming to make EVs safer, faster-charging, and more affordable.
June 21, 2024 | 6:36 am
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Texas Instruments is collaborating with Delta Electronics to improve electric vehicle onboard charging. This partnership aims to enhance power density, performance, and size, potentially making EVs safer, faster-charging, and more affordable.
The collaboration with Delta Electronics is likely to enhance Texas Instruments' position in the EV market by improving onboard charging technology. This could lead to increased demand for TXN's products, positively impacting its stock price in the short term.
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