FRANKFURT/MUNICH: Infineon will supply parts to Tesla's upcoming mass-market Model 3 electric car, the German chipmaker said on Tuesday, after being beaten out as initial supplier by Franco-Italian rival STMicroelectronics for the coveted deal.
Infineon, which supplies chips to control the batteries and motors in eight out of 10 of the world's top selling electric vehicles, confirmed its parts would go into the Model 3, which is now ramping up for volume production in 2018.
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