News Release

onsemi Silicon Carbide Technology Enables
All-Electric VISION EQXX to Go Further on a Single Charge
As part of a strategic collaboration with Mercedes-Benz, onsemi provides the carmaker withhigh-efficiency silicon carbide (SiC) power modules that increase the range of its VISION EQXXMUNICH – Nov. 14, 2022 – onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies,
today announced that Mercedes-Benz adopted onsemi silicon carbide (SiC) technology for traction
inverters as part of a strategic collaboration. onsemi’s VE-Trac SiC modules increase the efficiency andlower the weight of the all-electric Mercedes-Benz VISION EQXX’s traction inverter, extending the electricvehicle’s (EV’s) range by up to 10%. The EV completed a 1,202 km (747 mile) trip from Stuttgart, Germany
to Silverstone, England, holding the record for longest distance traveled on a single charge.
The VISION EQXX sets new standards for electric range and efficiency, while remaining sustainable andluxurious – and consuming less than 10 kWh of energy per 100 km (62 miles). This was achieved by abenchmark drag coefficient of just 0.17, lightweight design, reduced rolling resistance and the use of abattery that stores 100 kWh in 50% less space (and with 30% less weight) than comparable batteries. Key
to the unprecedented range is an electrical system that ensures that 95% of the energy stored in the traction
battery reaches the wheels – a huge improvement over internal combustion engine (ICE) vehicles that are
only able to achieve around 30%.
”In addition to its superior SiC technology delivering extended range, onsemi also provides assurance of
supply for its SiC solutions, the necessary scale to support production and a broad portfolio of intelligent
power and sensing solutions,” said Simon Keeton, executive vice president and general manager, PowerSolutions Group at onsemi. “The high efficiency of our SiC solutions allows customers to avoid trade-offs
between the cost of the battery and the range of the vehicle.”
A core piece of differentiation is the expertise in packaging, which is critical for improving heat dissipationand increasing power output at a smaller footprint than the closest competitor, as well as reducing theweight and cost of a power module. onsemi is the only large-scale supplier of SiC solutions with end-toend supply capability, which includes volume SiC boule growth, substrate, epitaxy, device fabrication, bestin-class integrated modules and discrete package solutions.
You can experience the VISION EQXX, learn about the onsemi technology behind it and meet with onsemi
experts in hall C4 booth 101 at electronica. The world’s leading trade fair and conference for electronics istaking place at the Trade Fair Center Messe München, Germany, November 15–18, 2022.

-ENDS-About onsemi
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus onautomotive and industrial end-markets, the company is accelerating change in megatrends such as

moreonsemi Silicon Carbide Technology Enables All-Electric Halo Car VISION EQXX to Go Further-2-vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloudinfrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent
power and sensing technologies that solve the world’s most complex challenges and leads the way tocreating a safer, cleaner, and smarter world. onsemi is recognized as a Fortune 500® company andincluded in the S&P 500® index. Learn more about onsemi at www.onsemi.com.
onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All otherbrand and product names appearing in this document are registered trademarks or trademarks of theirrespective holders. Although the Company references its website in this news release, information on thewebsite is not to be incorporated herein.

Contacts
Stefanie Cuene
Public Relations
onsemiStefanie.Cuene@onsemi.com
Parag Agarwal
Vice President - Investor Relations & Corporate Development
onsemi(602) 244-3437
investor@onsemi.com