HomeEconomyStellantis invests 10,000 million euros to obtain semiconductors until 2030

Stellantis invests 10,000 million euros to obtain semiconductors until 2030

The European auto giant secures its supply of semiconductors from industry giants like Infineon, NXP Semiconductors, Onsemi and Qualcomm.

Stellantis said on Tuesday it had signed purchase contracts worth 10 billion euros through 2030 with semiconductor makers to secure their supply to build electric vehicles and service functions.
high performance computing.

The global auto industry is still reeling from a chip shortage brought on by the COVID-19 pandemic, which has forced major automakers to halt production of some models and scramble to find new sources of semiconductors.

Stellantis says the group is also working with chipmakers Infineon, NXP Semiconductors, Onsemi and Qualcomm to improve their automotive platforms and technologies.

The world’s third-largest automaker says its new deals include silicon carbide chips that expand the range of electric vehicles, microcontrollers needed to develop Stellantis’ “smart vehicles” and “System-on-a-chip,” parts that allow, among other things, to develop assistance systems for autonomous driving”.

Author: Frederic Bianchi
Source: BFM TV

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