Infineon to supply advanced power chips for Xiaomi EVs

TAIPEI -- Top German chipmaker Infineon has reached an agreement to supply Chinese EV maker Xiaomi with advanced power semiconductors until 2027, in a move to tap the growing electric car market in China and beyond.

Infineon said on Monday that it will provide Xiaomi's electric cars with its silicon carbide (SiC) chips and modules, as well as a wide range of key microcontroller chips. The chipmaker said the collaboration can "reinforce Infineon's position as the global market leader in automotive semiconductors."