[Press Release]

 

APOLLO FUTURE MOBILITY GROUP Announces Completion of First Prototype of Next-generation SiC Dual Inverter 800V System Co-Developed with ROHM

Further Miniaturization, Lighter Weight and Higher Output Applicable to a Wide Range of Electric Vehicles Aiming for Mass-production in the Next 24 Months

(14 July 2020, Hong Kong) Apollo Future Mobility Group Limited (“AFMG”, the ‘‘Company’’ ; SEHK stock code: 860.HK; and together with its subsidiaries, the “Group”) is pleased to announce that its subsidiary, GLM Co., Ltd (“GLM”), has successfully completed the first prototype of the next-generation SiC Dual Inverter 800V system which is truly disruptive to the electric vehicle (“EV(s)”) market.  The SiC inverter was co-developed with ROHM Co., Ltd. (“ROHM”), a well-known Japanese semiconductor and electronic component manufacturer. The completion of the first prototype came just five months after the joint announcement on the co-development made by both parties in February, 2020. The project aims for mass-production in the next 24 months.

First Prototype of Next-generation SiC Dual Inverter 800V System Co-developed by GLM and ROHM

Ground-breaking Technology Achieves Further Miniaturization, Lighter Weight and Higher Output

AFMG and its subsidiaries are dedicated to mobility technology innovations. The newly developed next generation SiC dual inverter 800V system incorporates SiC for power element and offers significant advantages over IGBT switching technologies. The 3-in-1 package system is equipped with solid state battery (SSB) battery management system (BMS) and integrates two inverters and a Power Distribution Unit (PDU), allowing the new inverter system to achieve further miniaturization, weight reduction and higher output compared to conventional products. By applying the system, the weight and recharging time of electric vehicles can be greatly reduced. The Group is committed to further shorten the charging time by the end of 2021.

Mass production is expected to commence in spring of 2022. The Group is looking forward to collaborating with motor manufacturers and battery manufacturers in providing a turn-key solution for one of the most advanced EV powertrains in the world.

The Disruptive Inverter System Is Applicable to a Wide Range of Electric Vehicles 

According to Electric Vehicle Outlook 2020 published by Bloomberg NEF in January 2020, over half of all passenger vehicles sold will be electric by 2040. It also expects global EV sales to reach 54 million vehicles by 2040, maintaining a long-term market demand. AFMG is in a prime position to meet the rising market needs with its cutting edge next-generation SiC dual inverter 800V system, which is expected to be applicable to a wide range of transportation such as electric trains, electric buses and different EV models.

Mr. Ho King Fung Eric, Chairman of Apollo Future Mobility Group, said, “The completion of the first prototype of next-generation SiC dual inverter 800V system is an important milestone of AFMG and the EV market. This unique product marks the future of EV powertrains and equips the Group to tap into the ample potential of the EV market. The Group will continue to identify market needs and grasp opportunities by developing innovative and sustainable technologies.”

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