Bigger Partnership: ON Semiconductor, NIO Push For Faster, Better EVs

ON Semiconductor Corp. (NASDAQ:ON) shares are up during Monday’s premarket session following the company’s expanded collaboration with NIO Inc. (NYSE:NIO). The deal supports the automaker’s transition to next-generation 900V electric vehicle platforms.

This partnership leverages ON Semiconductor’s EliteSiC technology to enhance efficiency and performance across NIO’s latest EV lineup, including models debuting at the 2026 Beijing Auto Show.

ON Semiconductor is deepening its long-term collaboration to focus on the transition from 400V to 900V architectures. This is expected to improve overall drivetrain efficiency and performance.

The partnership aims to deliver real-world gains in range, charging, and performance, showcasing the evolving relationship between semiconductor suppliers and automakers in the rapidly advancing EV market.

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Bigger Partnership: ON Semiconductor, NIO Push For Faster, Better EVs

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