AMP’s Innovative Electric Vehicle Charging Solutions Utilize Wolfspeed’s E-Series Silicon Carbide Devices

DURHAM, N.C., AND LOS ANGELES – November 9,2022, 2022 – AMP, a global leader in connected battery management and charging technologies for electric mobility, today announced the integration of Wolfspeed’s E-Series Silicon Carbide MOSFETs into AMP’s e-mobility Energy Management Unit. Using Wolfspeed’s innovative Silicon Carbide technology allows AMP to optimize battery performance, charging, and costs.

“At AMP, we understand the power that Silicon Carbide brings to vehicle electrification. We are proud to collaborate with another U.S.-based company on technologies that make a greener and smarter tomorrow,” said Jiaqi Liang, VP of hardware engineering at AMP. “The use of Wolfspeed’s Silicon Carbide in AMP’s Energy Management Unit (EMU) unlocks higher power density and efficiency, better platform scalability, and precise charging control. All are acutely observed by consumers through improvements in cabin space, charging time, and lower cost.”

AMP’s market-ready energy management solution integrates ultra-fast DC charging, DC-DC, and bi-directional on-board AC charging into a single platform, providing optimal charging experience, monitoring, care, and performance of batteries.

“AMP’s integration of our technology signals continued growth for Silicon Carbide in the automotive industry,” said Jay Cameron, SVP and general manager, Power at Wolfspeed. “The expansion of our automotive-qualified 650V and 1200V E-Series Silicon Carbide MOSFET portfolio allows AMP to easily deploy their products for either 400V or 800V systems.”

Wolfspeed’s E-Series MOSFETs are optimized for use in automotive applications, such as traction inverters, electric vehicle (EV) onboard battery charging, and high voltage DC-DC converters.

About Wolfspeed:

Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of Silicon Carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed’s product families include Silicon Carbide materials, power devices and RF devices targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. We unleash the power of possibilities through hard work, collaboration, and a passion for innovation. Learn more at www.wolfspeed.com.

Wolfspeed® is a registered trademark of Wolfspeed, Inc.

About AMP:

Headquartered in Los Angeles, with offices in Detroit, Bengaluru, London, Stuttgart and Shanghai, AMP is a global leader in energy management solutions for electric mobility applications. Since 2017, AMP has advanced charging and battery management technologies through industry-leading software, hardware and cloud intelligence.

To learn more, visit AMP at www.amp.tech and follow on LinkedIn @amp-energy-management.

Forward Looking Statements:

This press release contains forward-looking statements by Wolfspeed involving risks and uncertainties, both known and unknown, that may cause Wolfspeed’s actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk we may be unable to manufacture these new products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the risk we may encounter delays or other difficulties in ramping up production of our new products; customer acceptance of our new products; the rapid development of new technology and competing products that may impair demand or render Wolfspeed’s products obsolete; and other factors discussed in Wolfspeed’s filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 26, 2022, and subsequent filings. For additional product and company information, please refer to www.wolfspeed.com.

Wolfspeed Media Relations Contact:

Melinda Walker
Director, Corporate Communications
818-261-4585
media@wolfspeed.com

Wolfspeed Investor Relations Contact:

Tyler Gronbach
VP, Investor Relations
919-407-4820
investorrelations@wolfspeed.com

AMP Media Relations Contact:

Michael Rice
Chief Marketing Officer
310-994-9987
Michael.rice@amp.tech

AMP Investor Relations Contact:

Lionel Selwood
Chief Operating Officer
340-626-1655
Lionel.selwood@amp.tech

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