January 21, 2021 Press Release

Infineon Joins The Alliance For Automotive Innovation

Industry association welcomes cutting-edge semiconductor and system solutions company

 

WASHINGTON, D.C. – The Alliance for Automotive Innovation (Auto Innovators), the singular, authoritative, and respected voice of the automotive industry, today announced a new member:  Infineon Technologies, a world leader in semiconductor solutions that make life easier, safer and greener. The technology firm shares Auto Innovators’ focus on transforming mobility, and Infineon's addition directly supports the Association’s work to create the right policy environment for automotive innovation.

“Infineon’s voice will help us advance and strengthen the industry’s status as the global leader of technological innovation,” said John Bozzella, President and CEO of Auto Innovators. “We are pleased to welcome Infineon to Auto Innovators and appreciate the opportunity to amplify their efforts by joining the broad range of innovators working toward cleaner, safer, smarter automotive technologies.”

“We are excited to be a part of Auto Innovators, an organization dedicated to advancing innovations in the automotive industry,” said Lars Ulrich, Vice President of Automotive at Infineon Americas. “At Infineon, our goal is to shape the future of mobility with microelectronics enabling clean, safe and smart cars. We look forward to working together with Auto Innovators to achieve our collective goals.”

The Alliance for Automotive Innovation was founded when the Association of Global Automakers and The Alliance of Automobile Manufacturers joined to form a new group focused on promoting a cleaner, safer, smarter automotive industry.

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About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. In the 2020 fiscal year (ending 30 September), Infineon reported revenue of more than €8.5 billion with a workforce of some 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company.

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). Further information is available at www.infineon.com.

About the Alliance for Automotive Innovation

Formed in 2020, the Alliance for Automotive Innovation is the singular, authoritative, and respected voice of the automotive industry. Focused on creating a safe and transformative path for sustainable industry growth, the Alliance for Automotive Innovation represents the manufacturers producing nearly 99 percent of cars and light trucks sold in the U.S. The newly established organization, a combination of Global Automakers and Alliance of Automobile Manufacturers, is directly involved in regulatory and policy matters impacting the light-duty vehicle market across the country. Members include U.S. operations of international motor vehicle manufacturers, original equipment suppliers, technology, and other automotive-related companies and trade associations. The Alliance for Automotive Innovation is headquartered in Washington, DC, with offices in Detroit, MI, and Sacramento, CA. For more information, visit our website http://www.autosinnovate.org.