Another global luxury automaker is cutting jobs after struggling to keep pace as the industry shifts to electric vehicles (EVs). With EVs gaining market share in most major regions, some are starting to get left behind. Aston Martin cuts jobs, delays its first EV (again) Aston Martin announced plans to cut 5% of its workforce … Continue reading “Another luxury automaker is cutting jobs after failing to keep up in the EV race”
Texas-headquartered power conversion technology company Ideal Power, developer of the B-TRAN bidirectional semiconductor power switch, is collaborating with its third global automaker on the use of B-TRAN-enabled contactors to potentially replace electromechanical contactors in the automaker’s EVs. Contactors play a critical role in isolating the battery, inverter and onboard charger to ensure safety when an … Continue reading “Global automaker to use Ideal Power’s solid-state contactors in its EVs”
