NIO Taps onsemi's EliteSiC for Advanced 900V EV Platforms, Deepening Strategic Collaboration
Summary
onsemi and NIO have expanded their strategic collaboration, with NIO adopting onsemi's EliteSiC technology for its next-generation 900V electric vehicle platforms. This partnership builds on a multi-year relationship, evolving from 400V to more advanced 900V architectures, and will be featured in NIO's latest EV models, including those debuting at the 2026 Beijing Auto Show. For onsemi, this solidifies its position as a critical technology provider in the rapidly advancing EV market, securing future business with a prominent automaker and validating its EliteSiC technology for high-performance applications. For NIO, this ensures access to advanced silicon carbide technology, enabling improved vehicle efficiency, longer range, and faster charging capabilities, which is crucial for maintaining competitiveness in the premium EV segment. Investors should watch for further details on the performance of NIO's new 900V platforms and potential broader adoption of onsemi's technology by other automotive manufacturers.
At the time of this announcement, ON was trading at $98.99 on NASDAQ in the Technology sector, with a market capitalization of approximately $38.7B. The 52-week trading range was $37.19 to $100.30. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.