Lucid Motors Integrates Wolfspeed’s Silicon Carbide Semiconductors into the Award-Winning Lucid Air
April 25 2022 - 8:00AM
Business Wire
Company’s Silicon Carbide Power Devices Help
Lucid Air Achieve Industry-Leading Performance and Energy
Efficiency
Wolfspeed (NYSE: WOLF), the global leader in Silicon Carbide
technology, today announced that Lucid Motors deploys its Silicon
Carbide power device solutions in the automaker’s high-performance,
pure-electric car – the Lucid Air. Wolfspeed and Lucid have a
multiyear agreement for Wolfspeed to produce and supply Silicon
Carbide devices.
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Automotive Qualified 1200V Silicon
Carbide XM3 Half-Bridge Power Module from Wolfspeed. (Photo:
Business Wire)
“Lucid’s proprietary powertrain technology – engineered and
produced in-house – is at the core of what makes Lucid Air the most
advanced and most efficient luxury electric vehicle in the world,”
said Eric Bach, Senior Vice President of Product and Chief Engineer
at Lucid. “With the perfect blend of high performance and high
efficiency, Wolfspeed’s innovative Silicon Carbide MOSFET power
semiconductors are an ideal fit for Lucid’s advanced
technology.”
The award-winning Lucid Air will be supplied by Wolfspeed’s
advanced, Silicon Carbide semiconductors from its state-of-the-art
Mohawk Valley Fab in Marcy, NY. Set to open April 25, the facility
will be the world’s largest 200-millimeter Silicon Carbide
fabrication facility and dramatically expand production capacity
for Wolfspeed’s power devices. This partnership gives Lucid access
to increased capacity to better support their long-term automotive
production.
“Lucid Motors is an emerging leader in not only electric
vehicles, but the entire automotive industry,” said Gregg Lowe, CEO
of Wolfspeed. “As the world advances towards an all-electric future
for transportation, Silicon Carbide technology is at the forefront
of the industry’s transition to EVs, enabling superior performance,
range and charge time. Our investment in the Mohawk Valley Fab
ensures our customers, including Lucid, have access to the advanced
products they need to deliver innovative solutions to the
market.”
Lucid Air's inverters feature Wolfspeed's XM3 Silicon Carbide
power modules. With low switching losses, minimal resistance, and
high power density, the XM3 power modules contribute to the
efficiency and power density of Lucid's 163-lb, 670-hp (74kg 500kW)
electric motor.
About Wolfspeed, Inc.:
Wolfspeed (NYSE: WOLF) leads the market in the worldwide
adoption of Silicon Carbide and GaN technologies. We provide
industry-leading solutions for efficient energy consumption and a
sustainable future. Wolfspeed’s product families include Silicon
Carbide materials, power devices and RF devices targeted for
various applications such as electric vehicles, fast charging, 5G,
renewable energy and storage, and aerospace and defense. We unleash
the power of possibilities through hard work, collaboration and a
passion for innovation. Learn more at www.wolfspeed.com.
Forward Looking Statements:
This press release contains forward-looking statements involving
risks and uncertainties, both known and unknown, that may cause
actual results, performance or achievements to differ materially
from those indicated in the forward-looking statements. Actual
results could differ materially due to a number of factors,
including the risks associated with construction of a new device
fabrication facility, including issues related to installing and
qualifying new equipment, potential production process yield and
quality control deviations, and potential unanticipated increases
in costs or decreases in output; the risk Wolfspeed may encounter
delays or other difficulties in ramping up production of its
capacity to supply these products; the risk that Wolfspeed may be
unable to manufacture these products with sufficiently low cost to
offer them at competitive prices or with acceptable margins;
customer acceptance of these new products; the rapid development of
new technology and competing products that may impair demand or
render Wolfspeed’s products obsolete; and other factors discussed
in Wolfspeed’s filings with the Securities and Exchange Commission,
including its report on Form 10-K for the year ended June 27, 2021,
and subsequent filings.
Wolfspeed® is a registered trademark of Wolfspeed, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20220425005268/en/
Wolfspeed Media Relations: Melinda Walker Director, Corporate
Communications 818-261-4585 media@wolfspeed.com
Wolfspeed Investor Relations: Tyler Gronbach VP, Investor
Relations 919-407-4820 investorrelations@wolfspeed.com
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