Vitesco Technologies signs $1.9B SiC long-term supply agreement with onsemi; investing $250M in SiC capacity expansion

Green Car Congress
By mmillikinJun 1, 2023, 10:00 am218 pts
Vitesco Technologies and onsemi announced a 10-year long-term supply agreement worth $1.9 billion (€1.75 billion) for silicon carbide (SiC) products to enable Vitesco Technologies’ ramp in electrification technologies. Vitesco Technologies, a leading international manufacturer of modern drive technologies…

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