Infineon Technologies supplying power semiconductors for Tesla’s electric cars

Article by Christian A., 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:

Comments

Recommended

An RHD (right hand drive) BMW M4 DTM Champion Edition has been listed to be for sale by Romans International, UK’s leading supercar dealership. The first owner of this rare...
by - May 24, 2017
Audi will be offering something exciting for its United Kingdom market. The company announced that it will be adding new features as standard to the A4 range. It also confirmed...
by - May 24, 2017
You guys are probably aware of the collaboration between Mercedes-Benz and Renault-Nissan. Knowing this, you would expect that both companies will come up with something impressive. Sources say that the...
by - May 24, 2017
Amongst all sports cars on the planet, which one is the world’s best-selling model? Would you have guessed that it is the Ford Mustang? According to IHS Markit’s global automotive...
by - May 24, 2017
It’s not a bird. It’s not a plane. It’s Kris Singh’s blue carbon flying machine! Time stood still for a few minutes after the extremely rare Pagani Huayra BC Macchina...
by - May 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries