Valeo chose CRRC Times Semiconductor to supply insulated gate bipolar transistor (IGBT) modules for its electric drive system, which will be used in an upcoming Renault model. Orders are expected to exceed 2.5 million units over four years, with mass production starting in 2023.
CRRC Times Semiconductor, a subsidiary of CRRC Times Electric, will invest CNY11.2 billion to build two factories for low and medium-voltage power semiconductor devices in Zhuzhou and Yixing, China. Each plant will have an annual capacity of 360,000 devices.
Valeo selected CRRC Times Semiconductor to supply insulated gate bipolar transistor modules for its electric drive system, which will be used in an upcoming Renault model. Orders are expected to exceed 2.5 million units over four years, with mass production starting in 2023.
CRRC Times Electric announced plans to build two factories for low and medium-voltage power semiconductor devices in Zhuzhou and Yixing, with a total investment of CNY 11.2 billion. Each plant will have a capacity of 360,000 devices per year, with a construction period of two years.
| Site | Largest | Latest |
|---|---|---|
| Zhuzhou, China | $1.60B | 2022-09-22 |