STMicroelectronics and Geely Auto Sign Long-term SiC Device Supply Agreement

On June 4, STMicroelectronics China announced that it had signed a long-term supply contract for silicon carbide (SiC) devices with Geely Auto Group, further strengthening the cooperation between the two parties in the field of SiC devices. According to the agreement, STMicroelectronics will provide SiC power devices for Geely Auto's mid-to-high-end pure electric vehicles of multiple brands, helping to improve the performance of electric vehicles, speed up charging speed and extend driving range, and promote the transformation of new energy vehicles.