Cree Selected as Silicon Carbide Partner for the Volkswagen Group FAST Program
Cree, Inc. (CREE)
Last cree, inc. earnings: 4/29 04:01 pm
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Source: Business Wire
Partnership will help accelerate market transition to EVs DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE), the global leader in silicon carbide (SiC) semiconductors, has been selected as the exclusive silicon carbide partner for the Volkswagen Group’s “Future Automotive Supply Tracks” Initiative (FAST). The aim of FAST is to work together to implement technical innovations quicker than before and to realize global vehicle projects even more efficiently and effectively. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190514005213/en/ Cree CEO, Gregg Lowe stands with Mr. Baecker, Head of Volkswagen Purchasing Connectivity during Volkswagen Group’s FAST partner selection ceremony held internally at their Wolfsburg, Germany headquarters on May 10 (Photo: Business Wire) “The Volkswagen Group has committed to launch almost 70 new electric models in the n
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