Ideal Power Inc (NASDAQ:IPWR) today announced the completion of Phase II deliverables of a product development agreement with Stellantis NV (NYSE:STLA).
Ideal Power is partnering with Stellantis’ advanced technology development team to develop a custom B-TRAN power module for use in electric vehicle (“EV”) drivetrain inverters in Stellantis’ next-generation EV platform.
Due to its compelling advantages, B-TRAN is also being evaluated for the automaker’s vehicle power management and EV charging ecosystem.
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All Phase I deliverables were completed, including a wafer run and delivery ...