Magna buys SiC semiconductor kit for onsemi

Magna buys SiC semiconductor kit for onsemi

Business news |
By Nick Flaherty

Automotive supplier Magna has signed a long term supply agreement with onsemi that includes buying equipment for silicon carbide (SiC) plants in the Czech Republic and New Hampshire.

The long-term supply agreement (LTSA) will see Magna integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems. This follows deals with Vitesco and Zeekr for SiC chip supply.

Magna will also invest approximately $40 million for the procurement of new equipment at onsemi’s New Hampshire and Czech Republic facilities to ensure access to future supply.

Using EliteSiC power MOSFETs and diodes will help eDrive systems have better cooling performance and faster acceleration and charging rates, improving efficiency and increasing the range of EVs.

onsemi’s end-to-end SiC manufacturing capability, combined with its ability to ramp production quickly, improves Magna’s vertical integration and simplifies its supply chain to meet the growing demand for  EV designs.

“We recognize 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.

“As the electric vehicle market continues to grow, we are taking proactive steps to secure access to future SiC supply to help support our electrification strategy and outpace the competition.”

“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. “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.”;

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