Navitas Semiconductor, a company that makes technology for super-fast phone chargers, says electric vehicles are its next big bet.
“The same thing we’re doing at 50 watts for a phone or a tablet, we’re going to do that for 5,000 watts or 20,000 watts to fast-charge your your EV,” Navitas CEO Gene Sheridan told CNBC in a phone conversation.
With Navitas’ technology, an electric vehicle could charge at a consumer’s home in a third the time it currently takes.