Impacted by the rising prices of raw materials for electric vehicle power batteries, in the first quarter of this year, many global new energy vehicle brands, including Tesla, BYD, Weilai, Ideal, and Volkswagen, are forecasted to raise the sales prices of EVs. TrendForce says power batteries are the core components that make up the highest cost of EVs and reducing the cost of power batteries w...

Advantech, the leading benchmark company in industrial computers, has joined hands with Caiying New Energy to build Taiwan's first self-made hydrogen energy electric bus. Although not much has been revealed by Advantech regarding its plans in the field of new energy vehicles and automotive applications, the company has accelerated its investment in related businesses in recent years; notably, ...

TECO Electric & Machinery's ambitions in the electric vehicle market are remarkedly proactive, with the company announcing a new president that has an automotive industry background, Chairman Chiu Chun-chi also pointed out that the company is also dedicated to developing EV powertrain systems. Throughout the latter half of 2021 and this year, TECO Electric & Machinery continues to promote results...

With the National Development Council (NDC) releasing its 2050 Net-Zero Carbon Emissions Roadmap on Thursday, steel metal providers outlined the potential challenges in the industry under the carbon-neutral era. Steel metal providers pointed out that while it is relatively easier to slash carbon emissions, going neutral is "revolutionary," stressing that it is an inevitable trend. With the in...

In the carbon-neutral era, transportation plays a huge role in reducing carbon emissions. However, public infrastructure has yet to keep up with the times. For instance, electric vehicles (EV) are highly lauded as a money-saving and pollution-cutting option, there is still a shortage of charging points. Governments are encouraging public bus and intercity bus providers to switch to electric buses...

Top market intelligence institution TrendForce reports that the ongoing Russian-Ukrainian war has resulted in challenging situations on both sides of the conflict, reverberating throughout the global car industry as a whole. The institution reports numerous automotive plants are suspending operations within Russia, as well as a ban on vehicle imports. Global, foreign-invested companies in Russ...

By ARTC and Stephanie Chao At the end of 2021, the 2021 Meet Greater SouthX5G AIoT Expo kicked off from December 10 to 11 at the Kaohsiung Exhibition Hall, attracting notable exhibitors featuring technologies and products adhering to the latest trends. As the head organizer of the WinBus project, Ministry of Economic Affairs Department of Industrial Technology (DoIT), the WinBus was indigenous...

Electrical terminal, wiring and connector maker K.S. Terminals Inc. expects order visibility to reach Q2, amid strong growth in the EV market as reported at its earnings call last week. The company is looking at two-digit growth for this year's goal, eying significant demand from green energy selections and automotive terminals and charging guns for electric vehicles, notably the latter. In the...

Memory chip maker Mosel Vitelic Inc. is looking to expand business operations into the automotive market by increasing deliveries to 25% from 20% in 2021. Chairman Rebecca Tang and Vice General Manager Deng Chih-da were present at the investor's conference on Wednesday afternoon. Tang said the company enjoyed a steady growth last year due to the global chip shortage, rounding up total revenue ...

The Russian-Ukrainian war has severely impacted a number of sectors, including the electronics industry. The world's largest automotive wiring harness manufacturer based in Germany, LEONI, has shut down its factories in Ukraine and Russia due to the war, causing a large shortage of automotive wiring harnesses. After the suspension, Taiwan-funded companies such as Bizlink-KY and Guangyu are expect...