onsemi Silicon Carbide Technology Enables All-Electric VISION EQXX to Go Further on a Single Charge – Yahoo Finance

November 15, 2022

As part of a strategic collaboration with Mercedes-Benz, onsemi provides the carmaker with high-efficiency silicon carbide (SiC) power modules that increase the range of its VISION EQXX
MUNICH, November 14, 2022–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that Mercedes-Benz adopted onsemi silicon carbide (SiC) technology for traction inverters as part of a strategic collaboration. onsemi’s VE-Trac SiC modules increase the efficiency and lowers the weight of the all-electric Mercedes-Benz VISION EQXX’s traction inverter, extending the electric vehicle’s (EV’s) range by up to 10%. The EV completed a 1,202 km (747 mile) trip from Stuttgart, Germany to Silverstone, England, holding the record for longest distance traveled on a single charge.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221114005607/en/
onsemi’s VE-Trac SiC modules increase the efficiency and lower the weight of the all-electric Mercedes-Benz VISION EQXX’s traction inverter, extending the electric vehicle’s (EV’s) range by up to 10%. (Photo: Business Wire)
The VISION EQXX sets new standards for electric range and efficiency, while remaining sustainable and luxurious – and consuming less than 10 kWh of energy per 100 km (62 miles). This was achieved by a benchmark drag coefficient of just 0.17, lightweight design, reduced rolling resistance and the use of a battery that stores 100 kWh in 50% less space (and with 30% less weight) than comparable batteries. Key to the unprecedented range is an electrical system that ensures that 95% of the energy stored in the traction battery reaches the wheels – a huge improvement over internal combustion engine (ICE) vehicles that are only able to achieve around 30%.
“In addition to its superior SiC technology delivering extended range, onsemi also provides assurance of supply for its SiC solutions, the necessary scale to support production and a broad portfolio of intelligent power and sensing solutions,” said Simon Keeton, executive vice president and general manager, Power Solutions Group at onsemi. “The high efficiency of our SiC solutions allows customers to avoid trade-offs between the cost of the battery and the range of the vehicle.”
A core piece of differentiation is the expertise in packaging, which is critical for improving heat dissipation and increasing power output at a smaller footprint than the closest competitor, as well as reducing the weight and cost of a power module. onsemi is the only large-scale supplier of SiC solutions with end-to-end supply capability, which includes volume SiC boule growth, substrate, epitaxy, device fabrication, best-in-class integrated modules and discrete package solutions.
You can experience the VISION EQXX, learn about the onsemi technology behind it and meet with onsemi experts in hall C4 booth 101 at electronica. The world’s leading trade fair and conference for electronics is taking place at the Trade Fair Center Messe München, Germany, November 15–18, 2022.
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. Although the Company references its website in this news release, information on the website is not to be incorporated herein.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221114005607/en/
Stefanie Cuene
Public Relations
(602) 244-3402
Parag Agarwal
Vice President – Investor Relations & Corporate Development
(602) 244-3437
Related Quotes
Cummins (CMI) and Exergy Energy join forces to work in grid-sponsored programs. Through its stake, Cummins will ensure a sustainable framework during power outages or peak usage times.
China Automotive Systems (CAAS) delivered earnings and revenue surprises of 500% and 13.81%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, its Investor Class fund ARTMX returned -2.43%, Advisor Class fund APDMX posted a return of -2.42%, and Institutional Class fund APHMX returned -2.41%, compared to a […]
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company"), a leading U.S. producer of uranium and rare earth elements ("REE"), is pleased to announce that it has entered into a definitive agreement to sell three wholly-owned subsidiaries that together hold Energy Fuels' Alta Mesa ISR Project ("Alta Mesa") to enCore Energy ("enCore") for total consideration of $120 million (the "Transaction"). The Transaction is expected to close by the end of 2022 or early 2023.
Deutsche Bank analyst Corinne Blanchard initiates coverage on shares of Enphase, Sunrun, and First Solar with Buy ratings.
SQM, ALB, JKS, PXD and NEE have been highlighted in this Market Edge article.
The Biden administration announced on Tuesday morning that it will be allocating $250 million in formula funding for energy efficiency upgrades and retrofits of commercial and residential buildings. The Department of Energy will be accepting applications for these resources from all 50 states, five U.S. territories and the District of Columbia, through the Energy Efficiency Revolving Loan…
(Bloomberg) — The financing for a green-hydrogen plant in Neom in Saudi Arabia — set to be one of the world’s largest — may be completed in the coming months, according to ACWA Power Co.Most Read from BloombergChina Plans Property Rescue in Latest Surprise Policy ShiftFTX Latest: Binance CEO Plans Recovery Fund, Laments Bad ActorsBiden Meets Xi as Asia Allies Look to Lower TemperatureFall of the World’s Hottest Stock Cost Sea Founders $32 BillionUS Futures Pare Drop as Yields Keep Traders War
(Bloomberg) — South Africa set its sights on attracting as much as $250 billion into its nascent green hydrogen industry by 2050 to take advantage of abundant solar and wind energy sources.Most Read from BloombergFTX’s Balance Sheet Was BadMusk Publicly Punishes Twitter Engineers Who Call Him Out OnlineFTX Latest: Binance CEO Zhao Plans Recovery FundWorld’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It HoldsChina Plans Property Rescue in Latest Surprise Policy ShiftThe ind
MARKET PULSE Shares of Nu Holdings Ltd. (NU) jumped 14.7% after hours on Monday after the Brazil-based digital banking platform reported a surprise third-quarter profit and revenue that beat expectations, helped by a boost in active customers.
Oatly Group AB stock tumbled Monday, after the Swedish maker of oat-based dairy products posted a wider-than-expected third-quarter loss and revenue that fell far short of estimates, and offered guidance that also lagged consensus.
While Bitcoin prices have recovered from recent lows, traders are watching for signs that FTX’s failure could lead to knock-on effects across crypto markets.
After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. Some of FTX's investors have said they are writing their investment down to zero. Other crypto firms may be exposed to FTX by having held tokens on the exchange or by owning FTX's native token, FTT, which plunged around 94% last week.
Celebrity money manager Cathie Wood, chief executive of Ark Investment Management, focuses on young technology companies that she views as disruptors. To be sure, it's also a company that has performed well in recent years under a highly-regarded chief executive. The company is General Motors , and the CEO is Mary Barra.
ASUR, MRC, HGV, PERI and CDAY have been added to the Zacks Rank #1 (Strong Buy) List on November 14, 2022.
Government, corporate debt fund put on hold as tensions rise, FT says.
Virtus Investment (VRTS) records an AUM balance of $149.5 billion for the end of October 2022, which represents a rise of 3.1% from the end of the previous month.
(Bloomberg) — November’s stellar rebound in Chinese stocks got another fillip on Monday as plans for a sweeping rescue package to bail out developers sent property stocks rallying.Most Read from BloombergChina Plans Property Rescue in Latest Surprise Policy ShiftBiden, Xi Chart Path to Warmer Ties With Blinken China VisitFTX Latest: Binance CEO Plans Recovery Fund, Laments Bad ActorsFall of the World’s Hottest Stock Cost Sea Founders $32 BillionStocks Waver as Traders Parse Brainard’s Comments:
Pampa (PAM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The now-defunct and bankrupt trading desk moved $2.7 million worth of Serum, FTX, and Uniswap tokens into the wallet yesterday, on-chain data shows.


Article Tags:
Article Categories:
Office · Technology

Leave a Reply

Your email address will not be published.

The maximum upload file size: 512 MB. You can upload: image, audio, video, document, spreadsheet, interactive, text, archive, code, other. Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop file here