- Through its Reimagine strategy, Jaguar Land Rover is
transforming to an electric-first business, on a journey to carbon
net zero by 2039
- Strategic partnership with Wolfspeed will secure supply for
Silicon Carbide semiconductor technology, integral to
electrification of its next generation Range Rover, Discovery,
Defender and Jaguar vehicles
- Next generation electric vehicle inverters using Silicon
Carbide technology will deliver significantly increased powertrain
efficiency and extended driving range for clients
- Strategic partnerships with industry leaders are a
cornerstone of Jaguar Land Rover’s Reimagine strategy
- Wolfspeed’s Silicon Carbide semiconductors have been used in
Jaguar TCS Racing Formula E team’s in-house developed powertrains
since 2017
- Wolfspeed’s next generation Silicon Carbide semiconductors
to be produced at the world’s largest fully automated 200mm Silicon
Carbide facility in Marcy, New York
Jaguar Land Rover and Wolfspeed, Inc. have today announced a
strategic partnership to supply Silicon Carbide semiconductors for
next generation electric vehicles, delivering increased powertrain
efficiency and extended driving range.
Under its Reimagine strategy, Jaguar Land Rover is transforming
to an electric-first business, to become carbon net zero across its
supply chain, products, services, and operations by 2039.
Wolfspeed’s advanced Silicon Carbide technology will be used
specifically in the vehicles’ inverter, managing the transfer of
power from the battery to the electric motors. The first Range
Rover vehicles with this advanced technology will be available from
2024, and the new all-electric Jaguar brand the following year.
The partnership builds on Wolfspeed’s existing relationship with
the race-winning Jaguar TCS Racing team competing in the ABB FIA
Formula E World Championship, where its advanced Silicon Carbide
technology has been used to accelerate on-track efficiency and
performance.
The agreement is the latest in Jaguar Land Rover’s programme of
establishing strategic partnerships with industry leaders for its
future modern luxury vehicles: in February 2022, Jaguar Land Rover
announced a partnership with NVIDIA focused on software-defined,
advanced automated driving systems for next-generation vehicles
starting in 2025.
Thierry Bolloré, Chief Executive Officer, Jaguar Land Rover,
said: “We are not strangers having collaborated together with
the Jaguar TCS Racing team for the last five seasons. By developing
that into a strategic partnership as part of our Reimagine
strategy, we can integrate Wolfspeed’s advanced Silicon Carbide
technology into our next generation electric vehicles, delivering
extended range and performance capabilities for our clients.”
Wolfspeed President and CEO, Gregg Lowe, said: “Wolfspeed
is proud to partner with Jaguar Land Rover, supporting its bold
commitment to electrify its iconic brands by using Silicon
Carbide’s superior performance, efficiency and range. The energy
efficiency of Silicon Carbide will play an essential role as Jaguar
Land Rover pursues its own zero carbon goals, and as the world
transitions to an all-electric transportation future.”
The partnership agreement sees Jaguar Land Rover participate in
the Wolfspeed Assurance of Supply ProgramTM, to secure the supply
of this technology for future electric vehicle production needs.
This will enable greater visibility and control over Jaguar Land
Rover’s future supply chain and is key to the new value chain
approach of the company’s operations and supply chain under the
leadership of Barbara Bergmeier, Executive Director of Industrial
Operations.
Wolfspeed’s world leading technology is powering electric
propulsion systems across the entire voltage spectrum – from 400V
to 800V. The Silicon Carbide power device solutions will be
produced at Wolfspeed’s Mohawk Valley Fab in Marcy, New York, which
opened in April 2022 as the world’s largest 200mm Silicon Carbide
fabrication facility. The fully automated facility dramatically
expands capacity for Wolfspeed's Silicon Carbide technologies,
which will supply the increasing demand for EV production and other
advanced technology sectors around the world.
About Jaguar Land Rover: Reimagining the future of modern
luxury by design
Jaguar Land Rover’s Reimagine strategy is delivering a
sustainability-rich vision of modern luxury by design.
Our class-leading, modern luxury Range Rover, Discovery,
Defender and Jaguar vehicles are in demand around the world with a
model range embracing fully electric and hybrid electric
technologies, as well as the latest petrol and diesel engines.
We are transforming our business to become carbon net zero
across our supply chain, products and operations by 2039 and have
set a roadmap to reduce emissions across our own operations and
value chains by 2030 through approved, science-based targets.
Electrification is central to this strategy, and all Jaguar and
Land Rover nameplates will be available in pure electric form by
the end of the decade.
At heart we are a British company, with two major design and
engineering sites, three vehicle manufacturing facilities, an
Engine Manufacturing Centre and a Battery Assembly Centre in the
UK. We also have vehicle plants in China, Brazil, India, Austria
and Slovakia, as well as seven technology hubs across the
globe.
As a wholly owned subsidiary of Tata Motors since 2008, Jaguar
Land Rover has unrivalled access to leading global players in
technology and sustainability within the wider Tata Group.
For more information about Jaguar Land Rover’s Reimagine
strategy please visit:
https://www.jaguarlandrover.com/reimagine
- Twitter: @jaguarlandrover - LinkedIn:
@JaguarLandRover
About Wolfspeed
Wolfspeed (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 defence. We
unleash the power of possibilities through hard work, collaboration
and a passion for innovation. Learn more at www.wolfspeed.com.
- Twitter: @Wolfspeed - LinkedIn: @Wolfspeed
Wolfspeed® is a registered trademark and Wolfspeed Assurance of
Supply ProgramTM is a trademark of Wolfspeed, Inc.
Forward Looking Statements:
This press release contains forward-looking statements about
Wolfspeed 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 and
completion of Wolfspeed’s new Mohawk Valley 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 to Jaguar Land Rover; 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 26, 2022, and subsequent filings.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221031005084/en/
Wolfspeed
PR contact: Melinda Walker +1 818-261-4585
media@wolfspeed.com
IR contact: Tyler Gronbach +1 919-407-4820
investorrelations@wolfspeed.com
Jaguar Land Rover
For more information visit www.media.jaguarlandrover.com or
contact:
Eva Ng Kon Tia Senior Manager Strategy & Sustainability
Communications engkonti@jaguarlandrover.com +44 7341 736 093
Jo Whitty Global External Corporate Communications Manager
Jaguar Land Rover jwhitty2@jaguarlandrover.com +44 7384 211
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