GM Enters EV Parts Agreement with Wolfspeed
Oct. 7, 2021—General Motors on Monday announced it has entered a partnership with Wolfspeed, Inc. to develop parts for its future EVs.
Deals of the agreement were not made public according to the Detroit Free Press, but the deal secures a long-term supplier of key EV parts as General Motors continues a push to become a fully electric OEM.
"Our agreement with Wolfspeed represents another step forward in our transition to an all-electric future,” said Shilpan Amin, GM vice president of Global Purchasing and Supply Chain.
North Carolina-based Wolfspeed produces silicon carbide power devices, which are designed to be lighter and more efficient than standard silicon devices. That in turn allows for higher range and shorter charge times.