BorgWarner to invest USD500 million in SiC technology company, Wolfspeed

News
Strategic Partnerships

Wolfspeed leads the market in the worldwide adoption of SiC and GaN technologies

Wolfspeed, a global player in Silicon Carbide technology, and BorgWarner Inc., a global player in mobility solutions for the vehicle market, announced a strategic partnership that calls for BorgWarner to invest USD500 million in Wolfspeed’s financing transaction, in exchange for a silicon carbide device capacity corridor, according to a press release dated 16 November. 

Thank you for visiting S&P Global AutoTechInsight.

A subscription to News & Insights includes daily News articles and monthly Insight articles. Please click here to subscribe.

To get access to the AftermarketInsight full suite of services, please contact us by clicking here.

Already a subscriber? Please log in here.

preload preload preload preload preload preload