In the "Global Digital Automotive Trend Report" released by PwC Taiwan in mid-January, the firm indicated that the automotive industry is now at a crossroad, anticipating that significant synergy will buoy the automotive IoT and electric vehicle (EV) markets in the next decade. However, amid the COVID-19 pandemic that is still ongoing since 2020, the report pointed out that the development of sel...

TrendForce's research signaled that the COVID-19 pandemic's impact on the global auto market in the first half of 2020, has also affected the automotive LED industry. With the gradual recovery of overall sales in the second half of the year and the rapid development of new energy vehicles, the output value of automotive LEDs in 2020 will reach US$2.572 billion, a year-on-year decrease of 3.7%. ...

The fast-growing electric vehicle (EV) industry is likely to reach only 10% of market share by 2025, Pegatron Chairman Tung Tzu-hsien revealed but expressed optimism regarding Taiwan's potential for a more significant role in the sector. Tung pointed out Taiwan had not successfully integrated into the traditional automotive sector but could leverage into the EV parts, modules, to complete vehi...

Tesla's declining prices indicate that the autonomous vehicle sector is entering the second stage in terms of product development, in which companies would roll out less expensive products to increase market share, writes distinguished professor Lu Hsi-peng in this week's opinion commentary published on Economic Daily News. He is teaching at the National Taiwan University of Science and Technolog...

NEV saw record-high sales in the final two months of 2020, TrendForce reported, signaling a yearly growth of 4.3% with 2.9 million units sold. Judging the current trends, TrendForce expects to see sales figures hit 3.9 million units this year. However, such forecasts are still up in the air as the shortage of automotive chips has made producing vehicles difficult. For the BEV market, Tesla...

Media reports indicate that the traditional AM auto parts market is seeing a bounceback despite the global trend of developing electric cars. AM companies have said many global auto suppliers have been moving towards the electric vehicle sector, though the market for repairs in the "old-school" auto market still exists. A change in auto parts clients' product demand shows that auto companies ...

Tatung Co. has obtained its first order for the Electric Vehicle Supply Equipment (EVSE), going to Tangeng Advanced Vehicles and SF Ebus. The three companies will be setting off a vertical ecosystem integration by rolling out commercial vehicles, core power systems, and an electric bus pilot demo. A signing ceremony of an MOU between the three companies is slated for March 2, reports say. Tatu...

Taiwan-based world-leading motherboard brand Micro-Star International (MSI) announced a cross-industry collaboration with Master Transportation Bus Manufacturing on February 18, signaling goals to enter the electric vehicle industry. MSI will aim to integrate their vehicle computing systems with Master Transporation Bus Manufacturing's electric buses, which will become the first Transportation...

Whether Hon Hai Precision can successfully transition its business model will depend on its move into the electric vehicle (EV) sector, media reported. The alliance between Hon Hai and Taiwanese car maker Yulon will offer the former much-needed automaking experience. Coupled with Hon Hai's aim to redefine the EV market into a software-oriented ecosystem, the Taiwanese multinational electronics co...

When COVID-19 first broke out last year, some were forced into lockdown at home and would continue to work from home, or in other cases, carry on as an essential worker at the office. Regardless of where one worked, the demand for lighting fixtures, solutions, and technologies grew according to the application in demand. More so in the future where remote working at home could become the norm. ...