Navitas SPAC Presentation Deck
EV demands faster charging and extended range
Existing silicon on-board chargers are SLOW (up to ten hours for full charge)
Range anxiety is #1 limitation for EV adoption (¹)
Battery is the #1 cost driver for EV(2)
●
●
●
GaN Is Positioned For The Future Of Electric Vehicles
GaN ICs deliver fast charging and extended range
3x faster charging with similar size and weight
●
●
70% energy savings in power electronics enables 5% extended driving range
or 5% lower battery costs (3)
Faster
Charge Time (4)
11.3 hrs
60%
Faster
4.7 hrs
4
Less Inverter
Power Dissipation
10.5 kW
Silicon GầN
O Navitas Semiconductor 2021
70%+
Energy
Savings
3.0 kW
Silicon GầN
Lower
Battery Cost
$10.0K
5% Less
$9.5K
Longer
Driving Range
242 mi
5% More
I
230 mi
Silicon GầN
Silicon GầN
Note: Assumes 150 kW traction inverter, 100 kWh battery,
$100/kWh battery cost and typical 230 mile range.
●
●
LV Battery
●
GaNFast
DC/DC
Opportunity
●
TM
HV Battery
$400M opportunity in development with lead 1st EV customer
Leading EV supplier to adopt GaN IC in next-generation 20kW on-board charger
• Over $400M revenue opportunity between 2025 - 2030
GaNFast
On-Board
Charger
Opportunity
TM
Total EV opportunity for GaN IC > $2.5B / Year(5)
Over 50Mu per year of EV production projected by 2030
Over $50 of potential GaN IC content per EV → >$2.5B per year GaN IC opportunity
Additional upside markets include eBike, eScooter, eMotor Bike, etc.
(1) Volvo Reports: The State of Electric Vehicles in America, February 2019.
(2) McKinsey. Making Electric Vehicles Profitable. March 2019.
(3) Navitas estimate based on discussions with major suppliers of power
electronics to the electric vehicle industry.
Navitas
Traction
Drive
(4) Illustrative comparison of 6.6 kW silicon on-board charger versus
21 kW GaN on-board charger assuming a 90 kWh battery and
80A wall charge limit.
(5) Based on BCG Research, Yole Research and Navitas analysis.
23View entire presentation