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    Joint reasoned statement on Schaeffler AG’s public tender offer, November 27, 2023

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    Vitesco Technologies Group AG: Vitesco Technologies relies on Infineon for silicon carbide power semiconductors

    DGAP-News: Vitesco Technologies Group AG / Key word(s): Alliance
    Vitesco Technologies Group AG: Vitesco Technologies relies on Infineon for silicon carbide power semiconductors
    31.05.2022 / 08:00
    The issuer is solely responsible for the content of this announcement.

    Vitesco Technologies relies on Infineon for silicon carbide power semiconductors

    • Vitesco Technologies further strengthens its position in the field of silicon carbide (SiC) semiconductors
    • The cooperation with Infineon opens up the possibility of additional capacity for the strong growth in electromobility
    • SiC semiconductors greatly contribute to the efficiency of power electronics with up to 800-volt and thus increase the range of electric vehicles
    • As a part of the cooperation with Infineon specific development of SiC components will be included

    Regensburg, May 31, 2022. Vitesco Technologies, a leading international supplier of modern drive technologies and electrification solutions, has signed a cooperation agreement with Infineon Technologies AG. Infineon is the world's leading semiconductor manufacturer for automotive electronics and a leading global supplier of power semiconductors made of the innovative material silicon carbide (SiC). Silicon carbide plays a key role in increasing the efficiency of high-voltage power electronics in the drive systems of electrified vehicles. Vitesco Technologies uses SiC components, for example, in very compact high-voltage inverters that control electric drive motors.

    As one of the pioneers in electromobility, Vitesco Technologies is already using SiC components in the current generation of electronics, where they enable small sizes with high efficiency.

    “Partnering-up with leading semiconductor manufacturers is important for us to master dynamic growth,” said Andreas Wolf, CEO of Vitesco Technologies. “We have been collaborating with Infineon on silicon for a long time. We are now expanding this with SiC power semiconductors. Jointly refining chips specifically for our applications, in the area of electromobility, will lead to highly attractive solutions. This is another important step forward into the future of electrification.”

    “In silicon carbide, Infineon is a technological and quality leader,” said Dr. Stephan Zizala, head of the Automotive High Power business unit at Infineon Technologies. “Our second silicon carbide generation enables us to develop even more compact and efficient systems. With our decades of experience and continuous expansion of manufacturing capacities, we are well positioned for the accelerated growth of the SiC market.”

    Efficiency is everything

    SiC power semiconductors are a new trend in electronics with voltage layers for electrified drives up to 800-volt system voltage. Compared to conventional semiconductors made of silicon, SiC offers an efficiency advantage, especially at a battery voltage of 800-volt, which subsequently then affects the range of an electric vehicle. “Range is a key performance characteristic in battery electric driving, higher efficiency power semiconductors such as SiC will therefore be increasingly used in the future,” highlighted Thomas Stierle, member of the executive board and head of the Electrification Technology business unit at Vitesco Technologies.

    For Vitesco Technologies, this is the second partnership in SiC devices. “We have had excellent experience with the partnership already underway and have industrialized initial applications,” said Stierle. In view of the strong order intake for electric drives, for example for very compact axle drives, the broad supply base is a strategically important course setting and ensures long-term success.

    Vitesco Technologies is a leading international developer and manufacturer of state-of-the-art powertrain technologies for sustainable mobility. With smart system solutions and components for electric, hybrid and internal combustion drivetrains, Vitesco Technologies makes mobility clean, efficient, and affordable. The product range includes electrified drivetrain systems, electronic control units, sensors and actuators, and exhaust -gas aftertreatment solutions. In 2021, Vitesco Technologies recorded sales of €8.3 billion and employs around 37,000 employees at about 50 locations worldwide. Vitesco Technologies is headquartered in Regensburg, Germany.

    Contact for Journalists

    Simone Geldhäuser
    Head of Media Relations,
    Press Spokesperson Technology & Innovation
    Phone: +49 (0) 941 2031-61302
    simone.geldhaeuser@vitesco.com

    Karin Bräckle
    Infineon Technologies AG
    Senior Manager Media Relations
    Mobile: +49 (151) 17402740
    Karin.Braeckle@infineon.com

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    31.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.dgap.de



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