# Stellantis and Infineon sign MoU for silicon carbide chip supply

Stellantis signed a non-binding memorandum of understanding with Infineon for a multi-year supply of silicon carbide semiconductors. Infineon will reserve production capacity and supply the chips directly to Stellantis suppliers in the second half of the 2020s, with a potential value of over 1 billion euros.

- Type: Contract
- Announced: 2022-11-14
- Value: $1.03B (1.00B EUR)
- Status: announced
- Products: silicon carbide power semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Stellantis](https://endata.com/companies/7966.md) (customer)
- [Infineon](https://endata.com/companies/22833.md) (supplier)

## Sources

- [reuters.com](https://www.reuters.com/technology/stellantis-strikes-deal-with-infineon-secure-silicon-carbide-chips-2022-11-14/), 2022-11-14: "Well over 1 billion euros' ($1.03 billion) worth of chips could be involved, said Infineon."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.