Please, refer to section 2.2 "Power Sequencing" of MPC8306EC:
"if the I/O voltages are supplied before the core voltage, there might be a period of time that all input and output pins are actively driven and cause contention and excessive current. In order to avoid actively driving the I/O pins and to eliminate excessive current draw, apply the core voltage (VDD) before the I/O voltage (GVDD and OVDD) and assert PORESET before the power supplies fully ramp up".
Have a great day,
Pavel
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