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Partnerships, Investments & Acquisitions

Magna and Onsemi sign long-term SiC supply agreement

Callum Brook-JonesBy Callum Brook-JonesJuly 28, 20232 Mins Read
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Intelligent power and sensing technology business Onsemi and mobility technology company Magna have signed a long-term supply agreement for Magna to integrate Onsemi EliteSiC intelligent power solutions into its eDrive systems.

Through the integration of the EliteSiC metal-oxide-semiconductor field-effect transistor (MOSFET) technology, Magna’s eDrive systems will benefit from enhanced cooling performance and increased acceleration and charging rates, resulting in greater efficiency and increased EV range.

Onsemi’s end-to-end silicon carbide manufacturing capability, and its ability to increase production quickly, will enhance Magna’s vertical integration as well as simplifying its supply chain to meet the demand for its SiC-based products.

“With range anxiety still a top deterrent to EV adoption, our technology enables Magna to go further, easing the transition to an electrified future,” commented Asif Jakwani, senior vice president and general manager, Advanced Power Division, Onsemi.

“Our latest EliteSiC MOSFET technology enables increased power density and higher efficiency in traction inverters, resulting in improved gas-equivalent miles per gallon without compromising driving dynamics and safety.”

In addition to the supply agreement, the companies have also entered a separate agreement that will see Magna invest approximately US$40m for the procurement of new SiC equipment at Onsemi’s New Hampshire and Czech Republic facilities to ensure access to future supply.

“We believe that a secure supply of silicon carbide chips will be critical to our ability to continue delivering innovative and efficient eDrive systems for our customers,” said Diba Ilunga, president, Magna Powertrain.

“Accordingly, we are both investing to grow SiC production capacity, and establishing the commercial basis for long-term supply of SiC-based chips to advance our electrification strategy and outpace the competition.”

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