Infineon and automotive technology company REE Automotive jointly promote green and low-carbon travel

Disruptive technologies are driving the transformation and upgrading of the automotive industry. Infineon Technology Co., Ltd. (FSE code: IFX/OTCQX code: IFNNY), the leader of the automotive semiconductor and power semiconductor market, announced that it will cooperate with the automotive technology company REE Automotive (NASDAQ code: REE) to jointly promote the development of the green intelligent travel industry. The REE modular electric vehicle platform developed by this automobile technology company has laid the foundation for the development and production of various electric vehicles such as autonomous taxis, commercial trucks, and electric passenger shuttle buses.

Infineon and REE Automotive jointly exhibited REEcorner at the 2022 Munich International Electronic Components Expo (electronic 2022) ™ Technology enables green and low-carbon travel. For more information on Infineon's contribution to promoting low-carbon and digital, please visit www.infineon. com/electronic.

The P7 electric vehicle platform, the flagship product of REE Automotive, is based on four REEcorner architectures, and adopts REE's x-by-wire technology. Compared with fuel vehicles or electric vehicles of similar size, P7 modular electric vehicle platform allows the vehicle to have sufficient cabin space, cargo space and internal space for loading battery packs. The design and technology of REE Automotive provide automobile manufacturers, freight and logistics companies and new technology companies with huge design freedom, enabling them to customize the production of vehicles.

Peter Schiefer, president of Infineon Auto Electronics Business Unit, said: "Infineon is one of the main pioneers in promoting the transformation of travel mode. Infineon enables REEcorner technology, which demonstrates the universality and flexibility of our high-quality semiconductor technology and system level solutions. The innovative modular electric vehicle platform design brings new options for old enterprises and newly established enterprises, which can further accelerate the development of the electric vehicle field."

Daniel Barel, co-founder and CEO of REE Automotive, said: "REE has provided customers with sufficient design freedom, enabling them to build various types of electric vehicles and autonomous vehicle to meet the needs of current and future application scenarios. Electric vehicles enabled by REE technology will bring huge advantages to customers, including significantly reducing the overall cost of ownership, improving maneuverability and safety and improving operational efficiency through steer by wire and drive by wire."

Daniel Barel, co-founder and CEO of REE Automotive, said: "REE has provided customers with sufficient design freedom, enabling them to build various types of electric vehicles and autonomous vehicle to meet the needs of current and future application scenarios. Electric vehicles enabled by REE technology will bring huge advantages to customers, including significantly reducing the overall cost of ownership, improving maneuverability and safety and improving operational efficiency through steer by wire and drive by wire."

The REE platform uses up to 11 AURIX ™ The microcontroller (TC3xx) can ensure that the drive by wire system can still operate normally in case of failure, so as to improve driving safety and network security. Each corner module on the platform is equipped with two microcontrollers to realize all local driving functions such as driving steering and braking. The other two microcontrollers embedded in the central module act as domain controllers to collect and manage data, and realize the synchronous operation of the four core modules. The other AURIX microcontroller is located in a separate electronic control unit (ECU), which is mainly responsible for managing the vehicle chassis. In addition, the platform also carries many other vehicle semiconductor devices of Infineon, including power MOSFET products, power integrated circuits (DCDC), magnetic sensors, etc.

As a leader in the automotive semiconductor market, Infineon has a comprehensive automotive semiconductor product portfolio and system level solutions, covering sensors, microcontrollers, high-performance memories for specific applications, power semiconductors based on silicon (Si) and silicon carbide (SiC), and devices for human-computer interaction applications and the Internet of Vehicles.

Infineon cooperates with many old Tier 1 suppliers, traditional car companies and new car making forces to promote the transformation and upgrading of the auto industry to green travel by virtue of its industry leadership. For more information on Infineon's products to promote green travel, please visit www.infineon. com/mobility.

With the introduction of vehicle emission regulations and the enhancement of consumers' awareness of environmental protection, the electric vehicle market has shown a strong growth momentum. Some analysts predict that by 2027, pure electric or hybrid vehicles will account for more than 50% of the total vehicle output. The inverter is the "heart" of the electric vehicle drive system. Nearly one out of every two electric or hybrid vehicles produced in 2021 will use Infineon's semiconductor devices in the inverter. In addition, Infineon AURIX ™ Microcontrollers have promoted the development of electric vehicles, advanced driving assistance systems (ADAS), automatic driving, automotive electronic and electrical (E/E) architecture, and affordable artificial intelligence (AI) applications.