Semiconductor wafer manufacturer SK Siltron CCS is establishing a new facility in Monitor Township, Mich., to support electric vehicle growth. The company will invest $302 million creating up to 150 jobs.
The company, a subsidiary of SK Siltron, has its U.S. headquarters in Auburn, Mich., and manufactures a specialty wafer made of silicon carbide (SiC) that can be used in the semiconductor power components of electric vehicles. The company says its wafers are more efficient at handling high powers and conducting heat than normal silicon, which it says translates to an increased driving range of an EVY by 5% to 10%.
“The growth of electric vehicles is opening an exciting new chapter for the auto industry as it provides consumers with more environmentally friendly transportation options,” said Jianwei Dong, CEO for SK Siltron CSS, in a statement. “SK Siltron CSS is proud to partner with the State of Michigan to build the supply chain and create the skilled jobs required to support the next generation of EVs, ensuring Michigan remains the automotive center of the world.”
By 2030, hybrid or electrified vehicles will represent 51% of all vehicle sales, 50% of vehicle production will have Level 2 autonomy or higher, and software will represent more than 50% of the value of a new vehicle. Beyond technology, the mobility industry demand for computer-related engineers will eclipse 45,000 nationally by 2030, and the demand for new jobs in the utility sector deploying charging infrastructure will reach 105,000. Additionally, the automated vehicle market will grow over $3.3 trillion in value.
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