2.15 Billion Dollars Investment in More Efficient and Faster Charging Vehicles

2.15 billion dollars in investment in electric vehicles with more efficient and high-speed charging support. An investment in silicon carbide technology, which will increase efficiency and increase charging speed in electric vehicles, came from German power group supplier Vitesco. The company signed a 10-year silicon carbide (SiC) chip purchase agreement for a total of $1.9 billion with Onsemi.

As part of the agreement, American Onsemi also received an investment of 250 million dollars from Vitesco to increase its SiC production capacity. By this means, ensuring the supply of SiC chips, which are indispensable for 800V systems, Vitesco states that they are preparing for 400-800V conversion in electric vehicles.

800V inverters, which will soon experience an explosion in demand, will increase the efficiency of electric vehicles and contribute to the range. Likewise, it will be possible to charge an 800V battery pack at much higher speeds. In addition, the cables used in the high-voltage electrical equipment of the vehicle will be reduced, and the need for copper will decrease greatly.

It is known that Vitesco, which received an order of 800V inverters worth 1 billion euros from an American automaker (most likely Ford) last year, already supplies silicon carbide inverters for the Hyundai group, a Chinese and a Japanese automaker.