Europe and Japan have traditionally been strongholds in the both the global automotive and power semiconductor industries. However in 2025 the market fundamentally changed. The new EV leaders, and particularly those based in China are taking vertical integration further and further. Whilst EVs themselves offer great opportunities to vendors due to the large market size and the high value of semiconductors used, the vertical integration of OEMs and tier 1s presents a risk. BYD are producing their own chips, whilst many of their counterparts are buying bare die and building their own modules. These acts extract value away from the semiconductor manufacturers.
The goal is that those attending the presentation will have a greater understanding of the macro factors impacting their business, and will stimulate some thought about what they need to do differently in this new space.
In this presentation we will discuss: - Our existing forecasts for different power semiconductors devices (SiC, GaN, IGBTs) in the EV sector, the scale relative to other markets, and the leading industry players in the EV space - The current technology moat for global suppliers in China, and how long this may last for. - The possibility of legacy OEMs in Europe, Japan and elsewhere following this trend of vertical integration, what that will mean for the device vendors, and will there be any acquisitions? - How the differing geographical spread of EVs vs traditional automotive companies limits the opportunity for device vendors. - What impact the ever changing tariff situation may have.
