STMicroelectronics Unveils New Generation Of Silicon Carbide Power Technology Tailored For Next-Generation EV Traction Inverters
Portfolio Pulse from Benzinga Newsdesk
STMicroelectronics has unveiled its fourth generation of silicon carbide power technology, optimized for EV traction inverters. This new technology aims to enhance power efficiency and density, with plans for further innovations through 2027.
September 24, 2024 | 1:10 pm
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STMicroelectronics has introduced its fourth generation of silicon carbide power technology, which is expected to enhance power efficiency and density in EV traction inverters. This positions STM to capture a larger market share in the growing EV sector.
The introduction of the fourth generation silicon carbide technology by STM is a significant development in the EV market, as it enhances power efficiency and density, crucial for EV traction inverters. This positions STM to benefit from the growing demand for EVs, likely boosting its stock price.
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