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Volvo invests in Chinese SiC-based power module maker Leadrive

What happened

Volvo Cars Tech Fund has invested in Chinese SiC power module maker Leadrive Technology. This strategic investment aims to secure advanced power electronics for Volvo's future electric vehicles. Neutral: This is a long-term strategic partnership with no immediate impact on SiC component supply, pricing, or availability for the broader market.

Impact and signal

Low impactImpact score: 15/100

Affected components and suppliers

SiC Power Modules
Leadrive Technology
investmentpartnershipautomotive

Source and time

Source: Semiconductor Today · 9/6/2023 · View original source

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