Wolfspeed gets conditional commitment for up to $1.5 billion US Department of War loan

T2Covered by 1 source · first reported by electrive / Charged EVs / The Autopian / Sustainable Bus at 12 Oct, 15:50 UTC

Wolfspeed has received a conditional US Department of War (DoW) commitment for up to $1.5 billion in 30-year financing to support domestic development and production of silicon carbide (SiC) materials and wide bandgap power devices. The financing is intended to advance DoW initiatives, including…

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• T2Wolfspeed gets conditional commitment for up to $1.5 billion US Department of War loanelectrive / Charged EVs / The Autopian / Sustainable Bus12 Oct, 15:50