Keep a close eye on shares of Wolfspeed (WOLF). Its latest deal to provide silicon carbide (SiC) chips for BorgWarner’s (BWA) next generation of EV power could be a real game changer. It could also put Wolfspeed’s technology to work on a problem automakers have every reason to solve: getting more out of an electric vehicle’s battery. Consider this. An electric vehicle doesn’t use every bit of its battery’s energy to move. In fact, some is lost as heat as electricity passes through power systems. That’s where SiC can help.
