STMicroelectronics Signs Long-term Supply Agreement with Li Auto

STMicroelectronics and Li Auto signed a long-term supply agreement in December last year, according to which STMicroelectronics will provide Li Auto with silicon carbide MOSFETs to support its entry into the high-voltage pure electric vehicle market. Li Auto's 800V high-voltage pure electric platform uses STMicroelectronics' third-generation 1200V SiC MOSFET technology.