EV Traction Inverter R&D: NX Technologies Gets EUR 1.9M

On September 22, NX Technologies announced that it has received EUR 1.9 million from the PERTE for Electric and Connected Vehicles (PERTE VEC) for EV traction inverter R&D. The project will run from 2026 to 2029 and focuses on developing a future range of traction inverters for light electric vehicles. The funding supports the company's ongoing specialization in traction inverter technology and its broader work across electric vehicle systems. NX Technologies already works with a range of manufacturers, giving the project a direct connection to its existing automotive industry activities.

EUR 1.9 Million PERTE VEC Funding

The EUR 1.9 million award comes through the PERTE for Electric and Connected Vehicles, supporting the research and development program planned by NX Technologies. The project is scheduled to continue from 2026 through 2029, establishing a multiyear development period for the future traction inverter range. The planned work is focused specifically on light electric vehicles, while the company's existing capabilities extend across different electric vehicle applications. The funding therefore supports a defined development program within an area that already represents a core part of the company's technical activities.

Focus on Traction Inverter Development

NX Technologies specializes in traction inverters, a key electric vehicle component responsible for managing the electrical power delivered to the vehicle's traction motor. Alongside traction inverter development, the company also develops inverters and battery management systems (BMS) for all types of electric vehicles. The new project builds on this existing technical focus by targeting a future range designed for light electric vehicles. Its 2026-to-2029 timeline provides the company with an extended period to conduct the research and development activities associated with the planned inverter range.

International Automotive Presence

The company already works with a range of manufacturers and has a presence across several international markets. These include the Netherlands, France, the United Kingdom, India, and the United States. This geographic footprint provides context for NX Technologies' existing activity in the electric vehicle sector, while the funded project adds a specific research and development program focused on light electric vehicle traction inverters. The company's work on both inverters and battery management systems also places the project within a broader portfolio of electric vehicle technologies rather than as an isolated development effort.

Industry Impact & Outlook

The project strengthens NX Technologies' ongoing focus on electric vehicle power electronics by directing EUR 1.9 million toward a future traction inverter range for light electric vehicles. The multiyear program could support further development of the company's inverter capabilities and provide additional technology opportunities across the electric vehicle applications it already serves. Its relevance will be particularly tied to the development of light electric vehicles and the manufacturers working with the company. The next phase will run from 2026 to 2029, making continued research and development activity the central focus of the program.

Frequently Asked Questions

What funding did NX Technologies receive for its inverter project?
NX Technologies received EUR 1.9 million from the PERTE for Electric and Connected Vehicles for research and development of a future range of traction inverters for light electric vehicles. The project is scheduled to run from 2026 to 2029. The company specializes in traction inverters and also develops inverters and battery management systems for electric vehicles. The funding supports a dedicated multiyear development program within the company's existing electric vehicle technology activities and complements its work with manufacturers across several international markets.