Onsemi and Magna sign SiC deal
Magna to integrate Onsemi's EliteSiC chips into EV traction inverters
Chip company Onsemi and automotive supplier Magna have signed a long-term supply agreement for Magna to integrate Onsemi’s EliteSiC intelligent power solutions into its eDrive systems.
Using Onsemi’s technology, Magna says its eDrive systems will offer better cooling performance and faster acceleration and charging rates, improving efficiency and increasing the range of electric vehicles (EVs). Additionally, Onsemi’s end-to-end SiC manufacturing capability, combined with its ability to ramp production quickly, simplifies Magna's supply chain.
“With range anxiety still a top deterrent to EV adoption, our technology enables them to go further, easing the transition to an electrified future,” said Asif Jakwani, senior vice president and general manager, Advanced Power Division, Onsemi.
Magna will also invest approximately $40 million for the procurement of new SiC equipment at Onsemi’s New Hampshire and Czech Republic facilities to ensure access to future supply.
“We recognise the importance of securing a stable supply of SiC material in order to continue delivering innovative and efficient eDrive systems for our customers,” said Diba Ilunga, president Magna Powertrain.