Electric Vehicles Update - Navitas Advances EV Innovation with Automotive-Qualified GaN Technology
Navitas Semiconductor has achieved a significant milestone in the electric vehicle sector by securing automotive qualification for its high-power GaNSafe™ integrated circuits (ICs), which meet AEC-Q100 and AEC-Q101 standards. These advancements in gallium nitride (GaN) technology are poised to enhance power density and efficiency for onboard chargers and high-voltage to low-voltage converters within EVs. With innovations like the 650V Bi-Directional GaNFast ICs, Navitas aims to simplify power conversion systems, enabling more efficient and compact design solutions for EVs. This represents a notable progression in the development and implementation of cutting-edge technology in the electric vehicle industry.
Elsewhere in the market, was a standout up 8.3% and closing at $3.25. Meanwhile, trailed, down 8.8% to finish the session at $19.49.
VinFast Auto's rapid entry into growing EV markets offers potential, yet faces risks from cash burn and production hurdles. Discover the full narrative on VinFast's investment dynamics.
Check out our Market Insights article, "Automakers Caught In The Tariff Crossfire," where we examined the volatile impact of tariffs on electric vehicles; time's running out to capitalize on these insights!
finished trading at $254.11 up 0.7%.
ended the day at $3.62 up 0.3%.
settled at $9.45 down 2.7%.
Get an in-depth perspective on all 47 EV Stocks, including Hyundai Motor India, Aisin and Elite Material, by using our screener here.
Curious About Other Options? The end of cancer? These 23 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Simply Wall St
"Navitas Announces Automotive Qualification of High-Power GaNSafe™ ICs" from Navitas Semiconductor Corporation on GlobeNewswire (published 15 April 2025)
Companies discussed in this article include NasdaqGS:VFS NasdaqGS:TSLA NYSE:NIO NYSE:F and NYSE:ZK.
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