04:52 AM EDT, 06/04/2024 (MT Newswires) -- NXP Semiconductors ( NXPI ) said Tuesday it is collaborating with ZF Friedrichshafen on silicon carbide-based traction inverters for electric vehicles.

Financial terms weren't disclosed.

The companies plan to use NXP's technology to extend the range of electric vehicles and reduce the number of charging stops.

Traction inverters are a component of an EV's electric powertrain which convert DC voltage from its battery to AC voltage, which drives the vehicle's motor.

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