onsemi to Integrate its Silicon Carbide Technology in BMW Group’s Next-Generation Electric Vehicles

Rhea-AI Summary

onsemi (Nasdaq: ON) has announced a long-term supply agreement with BMW AG for its EliteSiC technology, which will be integrated into BMW's electric drivetrains. The EliteSiC 750 V M3 die will be used in a full bridge power module to enhance the efficiency and performance of BMW's electric vehicles (EVs). This collaboration focuses on optimizing the size and performance of components to meet the growing demand for premium EVs. onsemi's vertically integrated supply chain will support production scalability, enhancing the range and efficiency of BMW's future EV models.

Positive

• Long-term supply agreement with BMW AG enhances onsemi's market presence in EV drivetrains.
• EliteSiC technology improves efficiency and performance for BMW's electric vehicles.
• Strategic partnership leverages onsemi's vertically integrated supply chain for robust production capabilities.

Negative

• None.

A long-term supply agreement will equip BMW Group’s future electric drivetrains with onsemi EliteSiC die, supporting range extension of electric vehicles (EVs)

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced a long-term supply agreement (LTSA) with BMW AG (BMW) for onsemi’s EliteSiC technology in the German premium car manufacturer’s electric drivetrains for 400 V DC Bus. onsemi's latest EliteSiC 750 V M3 die is used in a full bridge power module delivering several hundred kWs of power.

onsemi and BMW Group agree to long-term supply agreement (LTSA) (Graphic: Business Wire)

The companies’ strategic collaboration during the development and integration of the electric drivetrain enabled onsemi to provide differentiated and application-specific die solutions, including optimized size and layout as well as high performance and reliability. Enhanced electrical and mechanical characteristics produce high efficiency and lower overall losses while delivering the highest system-level performance.

“With maximum range being a primary consideration for purchasing an EV, onsemi’s system approach for optimized performance across all of BMW’s electric vehicles provides a key competitive advantage,” said Asif Jakwani, senior vice president and general manager, Advanced Power Division, Power Solutions Group, onsemi. “In addition, we are able to support the rapidly increasing demand for BMW’s premium EVs by continuously ramping all production steps of our robust, vertically integrated SiC supply chain.”

With decades of expertise in manufacturing power components for automotive applications, onsemi has developed differentiated intelligent power technologies that deliver industry-leading electric drivetrain solutions. This includes exceptional packaging technology as well as an evolutionary path from planar to trench cell structures in all voltages delivering the highest level of reliability required for automotive EV applications.

For more information on EliteSiC, visit onsemi.com.

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way to creating a safer, cleaner, and smarter world. onsemi is recognized as a Fortune 500^® company and included in the S&P 500^® index. Learn more about onsemi at www.onsemi.com.

onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230306005840/en/

Stefanie Cuene

Head of Public Relations

onsemi

(602) 315-3778

Stefanie.Cuene@onsemi.com

Parag Agarwal

Vice President - Investor Relations & Corporate Development

onsemi

(602) 244-3437

investor@onsemi.com

Source: onsemi

FAQ

What is the recent supply agreement between onsemi and BMW?

onsemi has secured a long-term supply agreement with BMW for its EliteSiC technology, which will be utilized in BMW's electric drivetrains.

How does onsemi's EliteSiC technology benefit BMW's electric vehicles?

The EliteSiC technology improves efficiency and performance of the electric drivetrains in BMW's EVs.

What is the significance of the 750 V M3 die mentioned in the press release?

The 750 V M3 die is part of a full bridge power module designed to deliver high power for BMW's electric drivetrains.

How does this agreement affect onsemi's production capabilities?

The agreement allows onsemi to ramp up its production steps to meet the increasing demand for BMW's premium electric vehicles.