Vitesco inks 10-year supply agreement with onsemi, US for SiC products

Vitesco Technologies Group AG (Vitesco) announced that it has signed a 10-year long-term supply agreement worth EUR 1.75 billion (USD 1.9 billion) with onsemi, US for silicon carbide (SiC) products that will enable Vitesco’s boost in electrification technologies. Vitesco has also invested EUR 230 million (USD 250 mil....

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