These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
The demand for cathode materials used in electric vehicle batteries has increased sharply, according to TrendForce's estimates, largely due to the explosion of new energy vehicle production and sales. As the most demanded type of raw material for EV batteries, the shipments of cathode materials benefited from the rapid growth of new energy vehicles. It is estimated that the global demand for c...
The Statistics Department of the Ministry of Economic Affairs announced on Thursday that the industrial production index for November was marked at 137.86, a year-on-year increase of 12.1%; the manufacturing production index for November was 141.16, a single-month high in the past year, with a year-on-year increase of 13.1%, and both marked a 22 consecutive-month expansion. The department estimat...
The new product development of IKKA-KY, a subsidiary of Abico Group, is reported to be focusing on electric vehicles. The company is currently developing the cooling system modules and will introduce the electrified systems into mid-level new car models, and it is expected to return to an optimistic growth track next year. The latest news came from IKKA-KY's corporate briefing at the Taiwan St...
As the newest highlighted COVID-19 variant of concern, Omicron has the European region and the U.S. on high alert. In response to potential worsened snags in the global ports, the media has reported Taiwan's top four major container carriers and shipping companies -- Evergreen Marine, Yangming, Wan Hai, and T.S. Lines -- pledging to do their best in prioritizing shipping space of domestic indust...
The Statistics Department of the Ministry of Economic Affairs announced today (22) that the value of export orders in October closed at US$59.10 billion, a record high in the same month of the previous year, an annual increase of 14.6%, and marked a 20-month consecutive run. The department estimates that the value of export orders in November would be between USD$59 billion and USD$60.5 billio...
TECO, a major electric motor manufacturer, plans to replicate its manufacturing experience in the Indian market and enter the electric vehicle market in Turkey and Indonesia. TECO currently has orders for smart energy exceeding NT$10 billion, citing a lucrative opportunity in scaling up its operations in the EV industry. In response to the market's concerns regarding when TECO becomes profita...
In an article first published in the Business Weekly, and through a media collaboration, republished in the Economic Daily News, an investor banker industry analyst attempted to break down why Taiwan tech giant Foxconn's Foxtron Vehicles business model will prove advantageous in the long run. On October 18, Foxconn Founder Terry Guo arrived at the product launch event behind the wheel of Foxtr...
According to the Paris Agreement in 2015, emissions from global transportation made up 23% of overall greenhouse gasses and were on track to reach 50% by 2050 if things were maintained as usual. Thus, the electrification of vehicles on the road appeared to be the inevitable trend to lessen the impact of greenhouse emissions on global temperatures. To limit global warming of temperatures below ...
The first edition of the three-day in-person 2035 E-Mobility Taiwan wrapped up to a close on the 22nd, with its virtual edition continuing to Nov. 20. E-Mobility is an international exhibition that showcases the electric vehicle and self-driving car ecosystem. As show organizer TAITRA's Chairman James Huang said during his opening ceremony remarks on the 20th, the much-touted show is intended ...
Taiwan is among the top exporters of fasteners, ranging from screws, nuts, and bolts, thanks to over 70 years of industry experience. The island's industry hub is concentrated in Kaohsiung's Gangshan and Luzhu Districts, where fastener makers are a common fixture in the community. According to Metal Industries Research & Development Centre's (MIRDC) statistics, Taiwan's export volume is only ...
