Volvo Cars Tech Fund, the strategic investment arm of Volvo Cars, has recently made an investment in Leadrive, a power electronics provider in China. This move is aimed at enhancing Volvo's capabilities and development efficiency in power electronics and inverters. The investment, which was announced on September 4, marks Volvo Cars Tech Fund's first foray into power electronics, specifically in SiC power module.
The primary objective behind this investment is to strengthen Volvo Cars' position as a leading manufacturer of motor control unit products and technology. It also aligns with Volvo's broader global electrification strategy and its pursuit of vertical integration of technology.
Leadrive, established in 2017 and based in Shanghai, specializes in power semiconductor modules and drive solutions for new energy vehicles. The company boasts advanced capabilities in independent design and integration of semiconductor power modules as well as electronic control systems.
Shen Jie, the founder of Leadrive, brings valuable experience to the table with almost a decade-long tenure at GE's research centers in Germany and China. Having served as the technical leader for various major projects, Shen Jie possesses extensive expertise in the industrialization of power electronics.
Volvo Cars' investment in Leadrive reflects its commitment to staying at the forefront of power electronics technology and driving the advancement of electric vehicles.
