BorgWarner, STMicroelectronics Partner On SiC Technology In Viper Power Module For Volvo Cars' Next-Gen EVs
Portfolio Pulse from Shivani Kumaresan
STMicroelectronics (STM) has partnered with BorgWarner Inc (BWA) to supply third-generation 750V silicon carbide (SiC) power MOSFETs dice for their proprietary Viper-based power module. The power module will be used in BorgWarner's traction inverter platforms for several current and future Volvo Cars electric vehicles. STM shares are trading lower by 1.11% at $47.27.
August 31, 2023 | 3:49 pm
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POSITIVE IMPACT
BWA has partnered with STM to use their SiC power MOSFETs dice in their Viper-based power module for Volvo Cars' EVs.
The partnership with STM allows BWA to enhance its product offering with advanced technology, which could potentially lead to increased sales and market share in the electric vehicle sector.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
STM has partnered with BWA to supply SiC power MOSFETs dice for Viper-based power module used in Volvo Cars' EVs. STM shares are trading lower.
The partnership with BWA is a positive development for STM as it expands its customer base and product applications. However, the stock is currently trading lower, which may be due to broader market conditions or other factors not mentioned in the news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100