ON Semiconductor wins NIO's "Watchman Award"
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ON Semiconductor (ONSEMI , NASDAQ: ON), a leader in smart power and smart sensing technologies, was awarded the "Watch Award" by NIO at its Partner Conference held on July 30, 2022. As a trusted key technology supplier in the NIO system, ON Semiconductor ensures supply support to NIO through multiple channels, including a team dedicated to smooth production and delivery processes.
Simon Keeton, executive vice president and general manager of ON Semiconductor's Power Solutions Division, said:
Receiving this award highlights ON Semiconductor’s broad capabilities—from industry-leading smart power technology, high-quality products and commitment to ensuring supply to customer service—and NIO’s emphasis on these capabilities. These factors combine to continuously strengthen the commitment and trust between both parties.
ON Semiconductor's advanced silicon carbide (SiC) modules enable NIO's smart electric vehicles to achieve higher energy efficiency, longer driving range, and faster acceleration. ON Semiconductor's image sensors help achieve more advanced vehicle safety and enable autonomous driving systems. The collaboration between NIO and ON Semiconductor brings innovative smart electric vehicles equipped with advanced semiconductor materials to the market.
NIO is one of the pioneers in the high-end smart electric vehicle market. The automaker is leading the adoption of smart electric vehicles and is winning a huge market share, aiming to change the way consumers use these vehicles and enhance their entire ownership experience. NIO founder, chairman and CEO Li Bin said that by 2025, NIO is expected to provide services in more than 25 countries and regions.
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