Semiconductors make electric cars more efficient, but they are also – at least in the future – a very expensive component.
(Photo: Reuters)
Munich, Vienna Energy-saving chips made of silicon carbide – SiC for short – are a lucrative business for their manufacturers. Because the new semiconductors are expensive, but very popular: they increase the range of electric vehicles and shorten the charging time.
Ironically, Tesla, as a pioneer in the use of the innovative material, has now announced that it will use up to 75 percent less SiC in the future. Investors fear that the miracle material’s boom will be over before it has even really started.
Since Tesla announced the SiC savings plan in early March, the Wolfspeed share price has fallen by around a fifth. The US group is the leading manufacturer of SiC worldwide. Investors’ fears are justified – but only partially.
Chip costs three times as high
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