ON Semiconductor and Magna Sign Strategic Partnership Agreement to Invest in Silicon Carbide Production to Meet Growing Electric Vehicle Market Demand
【Lansheng Technology Information】ON Semiconductor and Magna have reached a long-term supply agreement, and Magna will integrate ON Semiconductor's EliteSiC intelligent power solution in its electric drive system.
The integration of ON Semiconductor's industry-leading EliteSiC technology into the Magna eDrive system will provide better cooling performance, faster acceleration and charging speed, thereby improving energy efficiency and increasing the range of electric vehicles (EVs). In addition, ON Semiconductor's end-to-end silicon carbide (SiC) production capabilities and its rapid ramp-up capabilities enhance Magna's vertical integration capabilities and simplify its supply chain to meet the growing demand for SiC-based products in electric vehicles. need.
Asif Jakwani, senior vice president and general manager of ON Semiconductor's Advanced Power Division, said: "Range anxiety continues to be the number one factor hindering the adoption of electric vehicles, and our technology can enable electric vehicles to travel farther and facilitate a smoother transition to the electrification of the future. Our latest EliteSiC MOSFET technology can increase the power density and energy efficiency of the main drive inverter, thereby increasing the gas-equivalent miles per gallon without compromising driving dynamics and safety."
Under the terms of the agreement, Magna will also invest approximately $40 million in new silicon carbide equipment for ON Semiconductor's New Hampshire and Czech Republic plants to secure its future supply. Silicon carbide is a wide-bandgap semiconductor substrate, ideal for high-temperature, high-power applications such as electric vehicles, but it is extremely difficult to produce. With a limited number of producers and huge demand for SiC-based designs, OEMs and automotive suppliers are increasingly looking to lock in reliable long-term supply.
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