Japan’s Denso, Fuji Electric to invest $1.4bn in SiC EV power devices
TOKYO — Japan’s Denso and Fuji Electric will join forces to manufacture energy-efficient silicon carbide (SiC) power semiconductor devices for electric vehicles, ramping up investment even amid an EV market slowdown in anticipation of a future upswing. The two companies announced plans Friday for a 211.6 billion yen ($1.4 billion) investment, with as much as…