U S offers $710 million in loans for EV technology projects autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.
EV Technology: South Korean company SK Siltron CSS is set to receive USD 544 million to expand a plant in Bay City, Michigan that produces high power silicon carbide wafers used in electric vehicles. Those components are critical EV drivetrains, including inverters, and electrical distribution systems, the department said.
The US Department of Energy is working with South Korea s SK Siltron to boost production of high-quality silicon carbide (SiC) wafers for electric vehicle power electronics.