Relying primarily on exports, the auto parts manufacturing industry in Taiwan experienced a considerable downturn in 2020 due to the global ramifications of the COVID-19 pandemic. However, as lockdowns were gradually lifted worldwide and the international automobile supply chain encountered disruptions, a shortage of new cars ensued. This circumstance not only bolstered the resale of second-hand ...

Major component suppliers are adjusting their operational strategies as long-term trends in specific markets have grown in size and demand. Circuit protection component maker Thinking Electronic is such a company, with its newly-appointed general manager Chung Shih-yin noting that the company will expand investment into three fields by 2025: automotive, industrial control systems, and power su...

TECO, a major electric motor manufacturer, offered future estimates that the performance of the electric vehicle power system will increase by 30% annually today. However, TECO believes the performance of the electromechanical system will fall flat next year, with smart energy expected to grow significantly and smart life solutions expected to rise steadily. TECO also revealed plans that the new ...

Since the beginning of this year, global electric vehicle (EV) shipments have grown significantly, especially with the surge of production in mainland China. The increase in various battery shipments largely drove the growth in China, be it lithium ternary batteries or lithium iron phosphate batteries (LEP). Both types require the use of lithium metal, and the price of lithium has continued t...

Keysight, a major measurement equipment manufacturer, named four major technological trends that must be focused on in the future on Thursday, which included 5G/6G, autonomous driving, quantum and high-performance computing, and implementing digital twins. However, Keysight believes that the electric vehicle ecosystem must adopt common standards and that implementing digital twins will change the...

The arrival of new technologies in the automotive-related industries has challenged traditional production models, especially those commonly seen among auto parts suppliers. Suppliers can no longer expect to handle increasingly complex client needs independently, leading to the rise of industry alliances formed and MOUs inked in recent years. For example, an alliance focusing on automotive chips,...

LOTES Investments' investments in Compertum Microsystems Inc. and invested in the development of LiDAR and MEMS micromirror products, in addition to cooperating with Chewangdian and Industrial Research Institute, has smoothed out its entry into the autonomous bus application market and cooperated with Huadian Network to enter the market. Smart transportation applications. Zhu Dexiang, Chairman...

Institute for Information Institute's (III) MIC estimates that the global electric vehicle scale will reach 9.221 million units this year, with an annual growth rate of more than 48%. The supply of key components like third-generation semiconductors silicon carbide (SiC) and gallium nitride (GaN) is tight, and the delivery time is still at a high of 42 weeks. Above, the SiC supply chain is still ...

The era of electric vehicles has arrived; according to the 2050 net-zero emission road map of the National Development Council, 30% of newly sold vehicles will be EV in 2030, and the proportion will increase to 60% in 2035. In 2040, 100% of newly sold cars will be electric vehicles. In the next 20 years, the policy will strongly promote electric vehicles on the road. However, the biggest concerns...

Propelled by the Ukraine-Russian war, gas prices have soared, tightening up consumers’ spending capacity and driving up prices in other areas amid inflation. Earlier this year, automotive brands had been optimistic regarding sales and production would rise with the predictions of parts and chip shortages easing up, but the reality in the past few months proved the contrary. News outlets have b...