BorgWarner to invest $500M in Wolfspeed, securing up to $650M in annual capacity for SiC devices
Green Car Congress
NOVEMBER 17, 2022
billion financing transaction in exchange for a silicon carbide device capacity corridor. BorgWarner has been a strong partner with Wolfspeed for many years, and we are pleased to secure the investment from them which will be used to support our capacity expansion efforts and ensure we have a steady supply of product for their customers.
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