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General Motors (GM) Announces Supply Agreement with Wolfspeed (WOLF)
October 4, 2021 8:04 AM EDTToday, General Motors (NYSE: GM) and Wolfspeed, Inc. (NYSE: WOLF) announced a strategic supplier agreement to develop and provide silicon carbide power device solutions for GMs future electric vehicle programs. Wolfspeeds silicon carbide devices will enable GM to install more efficient EV propulsion systems that will extend the range of its rapidly expanding EV portfolio.
The silicon carbide will specifically be used in the integrated power electronics contained within GMs Ultium... More
