STMicroelectronics Signs Long-Term Supply Agreement with Renault Group's Ampere for SiC Power Modules
On December 5th, STMicroelectronics, a global leader in semiconductor manufacturing, announced a significant long-term supply agreement with Ampere, the electric vehicle (EV) manufacturing arm of Renault Group.
On December 5th, STMicroelectronics, a global leader in semiconductor manufacturing, announced a significant long-term supply agreement with Ampere, the electric vehicle (EV) manufacturing arm of Renault Group.
According to the agreement, STMicroelectronics will begin supplying Silicon Carbide (SiC) power modules to Ampere starting in 2026. This agreement is part of a broader collaboration between Renault Group and STMicroelectronics aimed at developing the power control systems (powerbox) for Ampere’s high-efficiency electric vehicle inverters.
SiC power modules are composed of multiple silicon carbide chips, designed to manage and convert the energy stored in the vehicle’s battery, transforming it into the power needed to operate the electric motor. These power modules play a vital role in enhancing the energy efficiency of electric drive systems, extending battery life, and improving energy recovery. Additionally, they contribute to smoother driving experiences and more responsive performance.
The market for SiC power devices has been rapidly expanding in recent years, driven by the surge in demand for new energy vehicles, photovoltaic energy storage, and electric vehicle charging industries. According to the latest TrendForce 2024 Global SiC Power Device Market Report, while the growth rate of battery electric vehicle (BEV) sales has slowed, the demand for SiC remains robust, particularly in high-power density and efficiency applications in industries like automotive and renewable energy. The global SiC power device market is expected to reach $9.17 billion by 2028, indicating continued growth in the coming years.
