Infineon Technologies supplying power semiconductors for Tesla’s electric cars

Article by Christian Andrei, on November 27, 2010

Infineon Technologies AG CEO Peter Bauer recently told reporters in Frankfurt that it is supplying power semiconductors for Tesla Motors Inc.'s electric cars. Infineon is Europe's second largest chipmaker.

Infineon spokesman Christian Hoenicke said that Tesla has used Infineon's power semiconductors in its battery-operated Roadster and is also testing them for its Model S, which will start production in 2012.

Hoenicke did not disclose the deal's financial terms. Tesla, which is based in Palo Alto, California, is backed by Daimler AG and Toyota Motor Corp.

After consenting to sell its wireless unit to Intel Corp. in August 2010, Infineon is now focusing on its industrial, auto, and energy-efficiency businesses. Infineon anticipates closing the deal in 2011's first quarter.

Tesla, which makes the $109,000 electric Roadster sports car, aims to become the auto industry's leader in battery-powered cars.

At a meeting of the International Club of Frankfurt Business Journalists, Bauer says the wireless-chip business is closely tied to the ever-changing U.S. dollar.

Holding his iPhone, which has Infineon semiconductors, Bauer said the wireless-chip business is "highly volatile" as it requires significant research and development capacity and investment.

If you liked the article, share on:


Login or Create new account to add a comment!


Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016
Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016