RNSDF - Renault STMicroelectronics enter cooperation on power electronics systems

Jens Schlueter/Getty Images News Renault (RNLSY) and STMicroelectronics (STM) +0.33% premarket enter a strategic cooperation on the design, development, manufacturing, and supply to Renault Group of STMicroelectronics' products and related packaging solutions for the power electronics systems of battery-operated and hybrid vehicles. Under the partnership, STMicroelectronics will develop custom-made products and solutions to further improve the efficiency of Renault Group’s electric and hybrid vehicles. Both parties will work together with the objective of improving the power performance of Renault's Group's applications for electric and hybrid vehicles, based on STMicroelectronics' wide bandgap semiconductor technologies and products. The companies will collaborate on the development of efficient, rightsized, and modular components based on the understanding of Renault Group's technology needs for Silicon Carbide, or SiC, devices, Gallium Nitride (GaN) transistors, along with related packages and modules. As Renault's innovation partner, STMicroelectronics will benefit from significant volumes guaranteed for the annual usage of these power modules and transistors

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Renault, STMicroelectronics enter cooperation on power electronics systems