NuAxiSemiconductor trade intelligence
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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