To further improve the power performance of electric vehicles (EV), major global automakers have focused on a new generation of silicon carbide (SiC) power components and have successively launched a number of high-performance car models equipped with corresponding products. According to research by TrendForce, as more and more auto-makers begin to introduce SiC technology into electric drive systems, the market for vehicle SiC power components is forecast to grow to $1.07bn in 2022 then $3.94bn by 2026...
Source: http://www.semiconductor-today.com/news ... 0722.shtml