News Release

onsemi and ZEEKR Sign Long-Term Supply Agreement forSilicon Carbide Power Devices
onsemi EliteSiC devices will help extend the range of ZEEKR’s smart electric vehicles (EVs)
SCOTTSDALE, Ariz. and Hangzhou, China – April 25, 2023 – onsemi (Nasdaq: ON), a leader in
intelligent power and sensing technologies, and premium electric mobility brand ZEEKR today announced
a long-term supply agreement (LTSA) between the two companies. onsemi will provide its EliteSiC siliconcarbide (SiC) power devices to increase the powertrain efficiency of ZEEKR’s smart electric vehicles (EVs),
resulting in improved performance, faster charging speeds and extended driving range.
To support its expanding portfolio of high-performance EVs, ZEEKR will adopt onsemi EliteSiC MOSFET,
1200V, M3E with enhanced electrical and mechanical performance and reliability. These power devices
deliver improved power and thermal efficiency, which reduces the size and weight of the traction inverter
and enhances the range of the automaker’s EVs.
“With cutting-edge technologies such as advanced SiC, ZEEKR will be able to offer electric vehicles withimproved performance and even lower carbon emissions,” said Andy An, CEO of ZEEKR Intelligent
Technology. “As a brand committed to sustainability, ZEEKR will continue to explore different ways toaccelerate the transition towards new energy vehicles.”The new LTSA will enable both companies to build a stronger supply chain relationship to support ZEEKR’s
growth over the next decade.
“A reliable supply chain is critical to business success and, after significant investments in our SiC end-toend supply chain, onsemi can offer this strategic value to customers,” said Hassane El-Khoury, president
and CEO, onsemi. “This agreement will help our continued ramp of SiC operations, enabling us to offer
industry-leading power devices that help our customers deploy the most efficient and highest performing
EVs on the market.”ZEEKR is a premium electric mobility brand built to address the global demand for premium EVs. Utilizing
Geely’s advanced Sustainable Experience Architecture (SEA), ZEEKR develops in-house battery
technologies, battery management systems, electric motor technologies and electric vehicle supply chainsupport.

###About onsemi
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on
automotive and industrial end-markets, the company is accelerating change in megatrends such as
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 tomoreonsemi and ZEEKR Sign Long-Term Supply Agreement for Silicon Carbide Power Devices-2-creating 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.
About ZEEKRZEEKR is the global premium electric mobility brand from Geely Holding Group. ZEEKR aims to create afully integrated user ecosystem with innovation as standard. The brand utilizes Sustainable Experience
Architecture (SEA) and includes its own battery technologies, battery management systems, electricmotor technologies and electric vehicle supply chain. ZEEKR’s value is equality, diversity, andsustainability. Its ambition is to become a true mobility solution’s provider.
ZEEKR began delivery of its first product, ZEEKR 001 in October 2021 and started delivery of ZEEKR
009 MPV in early 2023. It has an ambitious roll-out plan over the next 5 years to satisfy the rapidly
expanding global EV demand. In April 2023, the 100,000th ZEEKR car rolled off its manufacturing base inNingbo, China.
ZEEKR plans to start delivering cars in Europe in the fourth quarter of this year.
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.

Contacts
Stefanie Cuene
Head of Public Relations
onsemi(602) 315-3778
Stefanie.Cuene@onsemi.com
Parag Agarwal
Vice President - Investor Relations & Corporate Development
onsemi(602) 244-3437
investor@onsemi.com

Contacts
Vicky Wang
Public Relations
ZEEKR(86) 177 6717 2784
globalcomms@zeekrlife.com