onsemi and Schaeffler Expand Collaboration with New EliteSiC-based PHEV Platform
Rhea-AI Summary
onsemi (Nasdaq: ON) has expanded its collaboration with Schaeffler through a new design win for a leading global automaker's PHEV platform. The partnership will utilize onsemi's next-generation EliteSiC silicon carbide MOSFETs in Schaeffler's traction inverter system.
The EliteSiC technology offers superior performance benefits including the lowest on-state resistance for highest peak power in its class, lower conduction losses, and enhanced short-circuit robustness. These features enable longer driving range through higher energy conversion efficiency, improved reliability with lower maintenance, and optimized form factor for flexible vehicle design.
This collaboration marks onsemi's position as the exclusive silicon carbide supplier for this program, strengthening its role in the transition from traditional IGBT-dominated platforms to advanced hybrid architectures.
Positive
- Exclusive silicon carbide supplier position for a major PHEV platform
- EliteSiC technology offers lowest on-state resistance and highest peak power in its class
- Expanded partnership with leading automotive supplier Schaeffler strengthens market position
Negative
- None.
News Market Reaction – ON
On the day this news was published, ON declined 7.00%, reflecting a notable negative market reaction. Argus tracked a trough of -3.9% from its starting point during tracking. Our momentum scanner triggered 25 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $1.87B from the company's valuation, bringing the market cap to $24.91B at that time.
Data tracked by StockTitan Argus on the day of publication.
Traction inverter solution will use onsemi’s next-generation EliteSiC to enable longer driving range and enhanced reliability for plug-in hybrid EVs
SCOTTSDALE, Ariz., July 24, 2025 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ON) today announced an expanded collaboration with leading motion technology company Schaeffler through a new design win that leverages onsemi’s next-generation EliteSiC product line of silicon carbide MOSFETs. The onsemi solution will power the Schaeffler traction inverter for a leading global automaker’s cutting-edge plug-in hybrid electric vehicle (PHEV) platform.
onsemi’s EliteSiC technology offers significantly lower conduction losses and superior short-circuit robustness, enabling a compact, thermally efficient inverter design that enhances overall system performance. This silicon carbide-based solution offers the lowest on-state resistance to provide highest peak power compared to other SiC solutions in its class. These benefits allow Schaeffler to deliver an innovative traction inverter system that achieves measurable benefits to the end customer, including:
- Longer driving range, enabled by higher energy conversion efficiency
- Enhanced reliability, for consistent operation with lower maintenance
- Optimized form factor, allowing greater flexibility in vehicle design
“The traction inverter is at the heart of every electrified drivetrain, and onsemi’s EliteSiC solution plays a vital role in achieving the efficiency and performance targets that our customer demands,” said Christopher Breitsameter, Head of Business Division Controls at Schaeffler.
As automakers increasingly prioritize energy efficiency and performance, the industry is turning to more advanced hybrid architectures even in cost-sensitive EV platforms, a market traditionally dominated by insulated-gate bipolar transistors (IGBTs). onsemi’s role as an industry leader in silicon carbide positions it at the forefront of this transition, enabling Schaeffler to deliver an EV system that meets stringent performance and packaging requirements.
“As the exclusive silicon carbide supplier for this program, onsemi continues to strengthen its position as a trusted innovation partner for leading global automotive players,” said Simon Keeton, Group President, Power Solutions Group, onsemi. “Our industry-leading silicon carbide semiconductor technology delivers unmatched efficiency, thermal performance, and power density—key enablers for next-generation electric powertrain systems not only for battery electric vehicles, but also for plug-in hybrid platforms.”
This new milestone builds on the existing long-term collaboration between onsemi and Schaeffler (formerly Vitesco Technologies), extending the companies’ multi-year collaboration and reinforcing their shared commitment to delivering high-efficiency electric mobility solutions.
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About onsemi
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way to creating a safer, cleaner and smarter world. onsemi is included in the Nasdaq-100 Index® and S&P 500® index. Learn more about onsemi at www.onsemi.com.
onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders. Although the Company references its website in this news release, information on the website is not to be incorporated herein.
Contact Info
Krystal Heaton
krystal.heaton@onsemi.com
+1 480-242-6943
FAQ
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