Is Coherent Prepared to Capture the Momentum in the EV Market?

Key Takeaways Coherent is leveraging its SiC substrates and laser tech as EV adoption accelerates.COHR boosted expansion capacity with a $1B investment from Denso and Mitsubishi Electric.Coherent faces pricing and share pressure from rivals in battery process equipment.Coherent Corp.’s (COHR) Silicon Carbide (SiC) substrates, a key material for power electronics, are crucial for the energy efficiency of electric vehicles (EVs), and its high-power laser technology is vital for manufacturing EV batteries. The ...