Infineon joins CharIN to support global standards in electric mobility

Munich and Berlin, Germany – January 24, 2017 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is key for the automated and electric car. An appropriate charging infrastructure is critical to support the rapidly growing electric vehicles market worldwide. As the world’s leading semiconductor supplier for driver assistance systems and electric mobility Infineon supports the global standardization of charging infrastructure for hybrid and electric vehicles. Infineon has joined the global Charging Interface Initiative e.V. (CharIN). CharIN’s goal is to develop, establish and promote a world standard for a charging system for all kinds of battery-powered electric vehicles. Among its founding members are major automotive manufacturers.

“Infineon has an essential role to play in making a fast, energy-efficient and standardized charger infrastructure a worldwide reality,” said Peter Schiefer, President of the Automotive division at Infineon. “We are accelerating the deployment of electric mobility with our know-how in automotive systems and safety, and our automotive semiconductor solutions based on leading-edge materials.”

Infineon provides to CharIN its vast system expertise in electric mobility as well as its automotive safety and data security knowledge. As a member, Infineon contributes to making vehicle chargers safe, efficient, and fast while also making off-board chargers highly efficient.

Strong partner for electric mobility

For a broad adoption of electric cars, a reduction of costs is crucial, particularly with regard to batteries, as well as an increase in travel range. In addition, a smart grid and an adequate charging stations infrastructure with standardized connectors and communication interfaces are essential. The semiconductor solutions from Infineon foster the technological breakthrough in areas such as battery cost and travel range, charging infrastructure and smart grid with all its facets.

Within the energy sphere, Infineon’s solutions play a central role in three respects: in generating energy from the wind and sun, in transmitting energy, and in feeding energy into batteries and feeding energy from the electric vehicle back into the grid. Infineon’s security know-how supports secured payment procedures at charging stations and when excess energy of parked electric vehicles is fed back into the grid to make up for peak demand of other consumers. Charging stations could also be equipped with additional semiconductors for a two-way exchange of electric energy. These procedures would be billed through the electricity provider. To this end security chips are needed for authentication and secured data exchange at the communication interfaces of charging station and vehicle.

Further information

More information on the automotive product offering of Infineon is available at:

www.infineon.com/electromobility

www.infineon.com/car-security

www.infineon.com/automotive

www.infineon.com/sic-automotive

About CharIN

The Charging Interface Initiative e.V. – abbreviated to CharIN e.V. – is a registered association with more than 60 international members from the whole automotive value chain. It is open to all interested parties. Founded in the year 2015 the association has a head office in Berlin, Germany and regional offices in Asia as well as North America. The three primary aims are to roll out and establish the Combined Charging System (CCS) as the global standard for charging battery-powered electric vehicles of all kind, to draw up requirements for the evolution of charging-related standards and set up a conformance verification system for use by manufacturers implementing the CCS in their products as well as to promote the CCS standard worldwide.
Please find more information under www.charinev.org

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2016 fiscal year (ending September 30), the company reported sales of about Euro 6.5 billion with more than 36,000 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).

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