German powertrain supplier Vitesco Technologies has signed an agreement with Japanese microchip maker Rohm Co., securing more than $1 billion in silicon carbide semiconductors through 2030.
German powertrain supplier Vitesco Technologies has signed an agreement with Japanese microchip maker Rohm Co., securing more than $1 billion in silicon carbide semiconductors through 2030.
The sweeping belt-tightening effort will involve hundreds of job cuts in the U.S. and factory consolidation in Mexico.