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Magneti Marelli and STMicroelectronics will
extend their existing collaboration in F1
which involves the energy conversion system
(inverter) for the KERS (the Kinetic Energy
Recovery System used in F1 racing). |
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Magneti Marelli and STMicroelectronics have signed a
memorandum of understanding that lays the foundations for an
agreement in the sector of power electronics modules and
components for energy conversion electronic systems
(inverter) to be fitted on hybrid and electric vehicles.
The
future agreement is geared toward extending to mass-produced
vehicles the existing collaboration between Magneti Marelli
and STMicroelectronics in Formula 1, and precisely with
regards to the energy conversion system (inverter) for the
KERS (the Kinetic Energy Recovery System that is used in
Formula 1 racing).
The
goal is to develop and produce inverters for hybrid and
electric engines in mass-produced vehicles that combine high
performance with low cost and compact size, a set of
characteristics that is quite difficult to find on today’s
market. In hybrid and electronic engines, the inverter
covers the strategic role of electronically managing the
engine and the battery recharging process. The MOU is
expected to be operational by the end of 2009.
In
addition to the common experience on the KERS used in F1,
Magneti Marelli and STMicroelectronics will make available,
respectively, know-how in electronic precision components
and systems developed in cleanroom environment and top-level
expertise in semi-conductors, specifically during the
assembly and bonding phases. The two companies have already
cooperated successfully in the development of components and
modules for hi-tech systems in the automotive sector.
"In the perspective
of building a strong position as supplier of strategic
components and systems for hybrid and electric engines "
– stated Eugenio Razelli, Magneti Marelli’s C.E.O. – this
memorandum of understanding with STMicroelectronics paves
the way toward a second crucial piece of our offer, after
our recent agreement with FAAM concerning lithium traction
batteries. We are very well acquainted with the industrial
and research excellence offered by STMicroelectronics, as we
have already joined our efforts during the F1 work on the
KERS".
"STMicrolectronics
– stated Carmelo Papa, Executive Vice President of
STMicroelectronics, Industrial and Multisegment Sector
General Manager -
is especially pleased with this
preliminary cooperation agreement with Magneti Marelli, a
company that through the years has proven to be one of the
most innovative leaders in the field of electronic systems
for automotive applications. STMicroelectronics is certain
that its leadership in power electronics for industrial and
automotive systems will turn out to be useful to Magneti
Marelli in extending its own leadership to the sector of
hybrid and electric engines".
STMicroelectronics is a global leader serving customers
across the spectrum of electronics applications with
innovative semiconductor solutions. ST aims to be the
undisputed leader in multimedia convergence and power
applications leveraging its vast array of technologies,
design expertise and combination of intellectual property
portfolio, strategic partnerships and manufacturing
strength. In 2008, the Company’s net revenues were US$9.84
billion.
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