EV Battery Gold-Rush – GM and Wolfspeed Cut Deal

GM – Wolfspeed Semiconductor Deal Oct 2021 – Courtesy of Wolfspeed – transformation from silicon to silicon carbide and GaN

Ken Zino of AutoInformed.com on the Chips and Science Act.

In a move that is design to ensure supply and assuage the doubts of the capital markets about the semi-conductor shortage disaster, as part of the agreement, GM will participate in the so-called (and unproven) Wolfspeed Assurance of Supply Program (WS AoSP), which “is intended to secure domestic, sustainable and scalable materials for EV production.”

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