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0.0328861964517526 0.0168758113370835 -0.00475984422327994 -0.00908697533535255 -0.0134141064474253 -0.00995240155776706 -0.00649069666810898 -0.00216356555603623
Stock impact report

Wolfspeed Powers Toyota’s Electric Vehicle Platforms with Highly Reliable Silicon Carbide Components

Wolfspeed, Inc. New (WOLF) 
Company Research Source: Business Wire
Underscores Wolfspeed’s leadership in silicon carbide power solutions, advancing Toyota’s global electrification strategy with enhanced efficiency and performance for battery electric vehicles. DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed Inc. (NYSE: WOLF), a global leader in innovative silicon carbide power solutions, today announced that its automotive MOSFETs will power onboard charger systems for Toyota, one of the most respected and quality-driven automakers in the world.Wolfspeed’s silicon carbide components will be integrated into Toyota’s Battery Electric Vehicles (BEV). This silicon carbide device adoption reflects Toyota’s confidence in Wolfspeed’s ability to meet the automaker’s rigorous standards for quality and long-term reliability.“Toyota is known for its uncompromising approach to quality and reliability, and we’re honored to be supporting their next wave of electrification,” said Robert Feurle, Chief Executive Officer. “Wolfspeed’s U.S.-based supply chain and domestic Show less Read more
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