Wolfspeed announced the company will be supplying silicon carbide devices to power future Mercedes-Benz Electric Vehicle, or EV, platforms, enabling greater efficiency in the powertrain. Wolfspeed’s semiconductors will be incorporated into next generation powertrain systems for several Mercedes-Benz vehicle lines.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on WOLF:
- Wolfspeed price target lowered to $106 from $125 at JPMorgan
- Citi opens ‘positive Catalyst Watch’ on Wolfspeed after SiC agreement
- Piper ‘quite confident’ ON Semiconductor did not expand capacity with Wolfspeed
- Wolfspeed announces long-term Silicon Carbide wafer supply agreement
- Wolfspeed initiated with a Neutral at Susquehanna
