onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market
Green Car Congress
JULY 28, 2023
onsemi and Magna announced a long-term supply agreement (LTSA) for Magna to integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems. With a limited number of manufacturers and significant demand for SiC-based designs, OEMs and automotive suppliers are increasingly looking to secure long-term, reliable supply.
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