DURHAM, N.C., Oct 29 –Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technology, today announced a multiyear supply agreement for Wolfspeed silicon carbide devices to support BorgWarner’s next-generation 800V silicon carbide-based inverter platform as strategic partner. The agreement strengthens the companies’ longstanding collaboration while providing BorgWarner with a reliable, long-term supply of high-performance silicon carbide technology for next-generation electric vehicle (EV) and power conversion applications.
The agreement comes as global EV adoption continues to expand. Electric vehicles accounted for 25% of new cars sold globally in 2025, and the International Energy Agency projects EVs could represent approximately half of global car sales by 2035. As automakers scale next-generation EV platforms, silicon carbide is increasingly critical to delivering the efficiency, power density and performance required by advanced vehicle architectures.
“Our strategy is to combine our technology leadership with deep, long-term customer partnerships,” said Matthias Buchner, SVP, Global Sales & Chief Marketing Officer at Wolfspeed. “Our supply agreement with BorgWarner demonstrates that strategy, bringing together advanced silicon carbide technology, proven quality and reliability, and scaled 200 mm manufacturing capabilities to deliver the performance and supply confidence BorgWarner needs for their next-generation EV platform.”
Wolfspeed’s Gen 5 silicon carbide technology is designed to support the efficiency, performance and reliability requirements of next-generation automotive power electronics. BorgWarner is leveraging Wolfspeed’s 1200V silicon carbide technology for its 800V silicon carbide-based inverter platform.
The agreement is designed to provide BorgWarner with consistent, uninterrupted access to Wolfspeed silicon carbide devices and reinforces Wolfspeed’s role as a stable, long-term supply partner. It also aligns with Wolfspeed’s scaled U.S. manufacturing capabilities, which have fully transitioned to 200 mm wafers.
Wolfspeed shares a commitment to automotive-grade quality, with Wolfspeed’s silicon carbide solutions engineered to perform in demanding, high-heat and high-voltage environments. That combination of performance, reliability and long-term supply supports automakers as they bring increasingly sophisticated EV platforms to market.