NuAxiSemiconductor trade intelligence
onsemi to supply Volkswagen with SiC-based power box solution across EV brands
What happened
onsemi has signed a multi-year agreement to become Volkswagen Group's primary supplier of a complete silicon carbide (SiC)-based power box solution for its next-generation traction inverters across all EV platforms. This deal secures a high-volume, long-term demand stream for onsemi's SiC power modules from a major global automaker. Watch: This is a significant demand anchor for onsemi's SiC capacity, potentially tightening supply for other buyers and supporting long-term SiC pricing, but the immediate spot market impact is indirect.
Impact and signal
Medium impactImpact score: 45/100
Affected components and suppliers
SiC Power ModulesTraction Inverters
onsemiVolkswagen Group
long-term-agreementautomotiveevsic
Source and time
Source: Semiconductor Today · 7/22/2024 · View original source
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