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NexGen and General Motors to receive DoE funding for GaN-based electric drive systems
What happened
NexGen Power Systems and General Motors have been awarded US Department of Energy funding to develop electric drive systems using NexGen's Vertical GaN technology. The project focuses on power electronics design, motor integration, and thermal management for improved EV efficiency. Neutral: This is a long-term R&D milestone with no immediate impact on semiconductor supply, demand, or pricing for traders.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
GaN Power SemiconductorsElectric Drive Systems
NexGen Power Systems Inc
R&Dgovernment-fundingpartnership
Source and time
Source: Semiconductor Today · 7/5/2023 · View original source
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